On Thursday, July 2, 2015, Whirlpool Corporation completed its purchase of American Dryer Corporation (ADC), a privately held company that manufactures and markets coin-operated, on-premise, industrial and specialty laundry equipment.
The acquisition gives Whirlpool Corporation’s commercial laundry business a platform to reach new countries and channels, while building on a strong foundation of industry-leading innovation, quality, and service.
“Acquiring ADC strengthens our commitment to the commercial laundry industry and will help us achieve our objectives of driving growth in adjacent businesses,” stated Jeff Fettig, Whirlpool Corporation 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. We’re excited to welcome the employees in Fall River to the Whirlpool family.”
Dibkey indicated integration activities will happen throughout the balance of 2015. American Dryer Corporation is headquartered in Fall River, MA and is home to approximately 230 employees, a 300,000 square foot manufacturing facility and state-of-the-art engineering and design center. This facility becomes become a valuable part of the Whirlpool manufacturing portfolio that spans 14 locations across North America.