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LG Electronics to start operating U.S. washing machine factory in fourth-quarter 2018
reuters.com ^ | January 11, 2018 | Reuters Staff

Posted on 01/11/2018 12:32:45 AM PST by Berlin_Freeper

South Korea’s LG Electronics plans to start operating its new washing machine factory in the United States in the fourth quarter this year, its chief executive said on Thursday.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy
KEYWORDS: goldstar; lg; maga; southkorea
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To: pepsionice

I have a 1965 Westinghouse refrigerator/freezer that is still working just fine. Also a 1972 GE upright freezer that is in daily use.


21 posted on 01/11/2018 6:18:30 AM PST by ridesthemiles
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To: ridesthemiles

I hate to break the news here, but if you added up what the 1965 refrigerator and 1972 freezer burn in electricity in three years...you could probably pay entirely for the replacement of one of these and cut your yearly bill by 20-percent with the newer low-power type systems on the market.

I used to be like you and would stick to any product that still worked. But the power consumption business was laid out by my son, and I came to realize just how much power the 30-year old systems burned.


22 posted on 01/11/2018 6:57:18 AM PST by pepsionice
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To: pepsionice

OK, so you consume less power and save on your bill.

However, are the new power saving appliances, especially a refrigerator, made to specifications that allow longevity? My experience with recent appliances, brand name even, is a design life of 5 years.

At lowes, a new GE stove and all stoves could be purchased with a 5 year warranty that in effect provided a new stove at the end of 5 years.

My wife is thinking about a new refrigerator. I dread buying a new one that will fail in fairly short order


23 posted on 01/11/2018 7:09:35 AM PST by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: bert

If you sit and do the math (you can buy one of those electrical plugs that tells you what the unit is consuming in a 24-hour period)...a freezer, refrigerator or dryer is going to be some huge consumption vehicle. I’m still hanging onto a 22-year old dryer and it’s probably 10-percent of my yearly bill (using it only once a week).

I agree, you have to do research. Probably half the stuff out there is made to last five to eight years max. The key factor though is electrical usage. If you looked at the bulk of your units in the house and measured each of them, and then looked at the new wattage situations...you might be able to cut one-third of your yearly electrical bill. Stuff the savings into a sock and it’ll pay for replacement every five years.


24 posted on 01/11/2018 7:27:31 AM PST by pepsionice
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To: pepsionice

Well, I’ll check it out.

Thanks


25 posted on 01/11/2018 7:43:38 AM PST by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: pepsionice

I just had to replace an LG fridge after 7 years. Had been worked on about 3 times over those years. Finally the freezer stopped freezing. Had a guy out to fix it and it still didn’t work. Had to throw out all the meat. Decided I wasn’t spending anymore money on it....that it was just as cheap to buy a new fridge. I didn’t buy an LG.


26 posted on 01/11/2018 8:40:59 AM PST by sheana
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To: vespa300

I’m with ya on the Speed Queen!


27 posted on 01/11/2018 9:53:07 AM PST by Married with Children (At)
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To: Married with Children

Hard to find but they are the best. Thanks!


28 posted on 01/12/2018 5:32:32 PM PST by vespa300
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