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A Washed and Dried Deal.


An Arkansas plant was a component of a $325 million acquisition by Maytag Corp. of Newton, Iowa Newton is the county seat of Jasper County, Iowa, United StatesGR6. As of the 2000 census, the city population was 15,579. It is the home of Maytag Dairy Farms and was formerly home to the Maytag Corporation's corporate headquarters until the Whirlpool .

The Amana Appliances plant in Searcy, formerly part of Goodman Global Holdings, is now in the Maytag fold.

Company officials said they are not sure how the Searcy plant production operation will be affected by the acquisition. All Amana production plants will be evaluated in the coming months.

Officials at the Searcy washer and dryer plant announced a doubling of its 275,000-SF facility in 1998 that was to increase employment to 800.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a press release from Maytag, the acquisition includes Amana's major appliance A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting.  and commercial microwave oven businesses.

Maytag produces home appliances and refrigerated re·frig·er·ate  
tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates
1. To cool or chill (a substance).

2. To preserve (food) by chilling.
 vending equipment.
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Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Maytag Corp. acquisition includes former Amana Appliances plant in Searcy, Arkansas
Comment:A Washed and Dried Deal.(Maytag Corp. acquisition includes former Amana Appliances plant in Searcy, Arkansas)
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1U7AR
Date:Oct 8, 2001
Words:116
Previous Article:Squabble Settled.
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