Home Kitchen & Laundry Whirlpool Completes Purchase of American Dryer Corp.

Whirlpool Completes Purchase of American Dryer Corp.

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BENTON HARBOR, MICH.—Whirlpool Corp. completed its purchase of American Dryer Corp. (ADC), a privately held company that manufactures and markets coin-operated, on-premise, industrial and specialty laundry equipment.
 
The acquisition gives Whirlpool Corp.’s commercial laundry business a platform to reach new countries and channels, while building on a strong foundation of innovation, quality, and service.
 
“Acquiring ADC strengthens our commitment to the commercial laundry industry and is aligned to our objectives of driving growth in adjacent businesses,” stated Jeff M. Fettig, Whirlpool Corp. Chairman and CEO. “We believe this investment nicely complements our leadership position in the overall laundry category.”

“Our Maytag and Whirlpool brands have a strong heritage in commercial laundry,” said Brett Dibkey, Vice President, North American Integrated Business Units. “The addition of ADC is yet another step toward our goal of building the industry’s best, most reliable full line of commercial laundry equipment.”
 
Whirlpool Corp. expects integration activities to happen throughout the balance of 2015. American Dryer Corp. is headquartered in Fall River, Mass. and is home to approximately 230 employees, a 300,000 square foot manufacturing facility and engineering and design center. This facility will become a part of the Whirlpool manufacturing portfolio that spans 14 locations across North America.

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