GE Appliances Releases Annual Report

May 15, 2024 at 09:30 AM EDT

Outlines business and corporate citizenship highlights with focus on future growth

GE Appliances, a Haier company, unveiled its digital 2023 GE Appliances Report showcasing the company’s new packaging guidelines, innovative products, environmental and community efforts, and its employees who are consistently making America’s best appliances and helping the company achieve national rankings as one of the best places to work in the United States (U.S.). It also highlights the company’s plan to evolve from a traditional appliance business to become American’s number one home ecosystem company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240515967358/en/

GE Appliances employee poses with parts used to build washers in the company’s laundry plant in Louisville, KY. (Photo: GE Appliances, a Haier company)

“At GE Appliances, we're more than an appliances company,” said Kevin Nolan, president and CEO of GE Appliances, a Haier company. “We’re now providing net zero home energy solutions, air and water products, and a best-in-class digital ecosystem with our Smart HQ app. This report looks back at our business highlights while looking forward to how we will create home solutions with consumers.”

Corporate Citizenship Highlights

GE Appliances unveiled new packaging guidelines that set the industry standard. By 2030 the company commits to eliminating Expanded Polystyrene (EPS) from all packaging, 100% of packaging must include recycled content, 100 percent recyclable packaging, only use environmentally sustainable ink, and eliminate printed literature unless required for product safety / regulatory.
Already achieved or on track to achieve four of its five GE Appliances Way Forward Goals and making significant progress on its fifth.
Empowered its employees around the globe in a “Blue Wave” to take over the communities where they live and work through volunteerism creating good things, for life. Projects took place in more than 20 states and four countries.

To view the Corporate Citizenship Report, click here.

Business Highlights

The Ultra Fast Combo totally disrupted the laundry space when it gave consumers the ability to wash and dry cloths in 2 hours, using a 120V plug, no vent, and 50 percent less energy than a traditional dryer.
GE Appliances unveiled a new net zero home energy solution that solves pain points for consumers by helping to reduce their energy usage and carbon footprint. The EcoBalance System connects everything from energy generation, storage and usage while putting the control in consumers’ hands to monitor and adapt energy usage without sacrificing style or performance.
The company celebrated 50 years of cooking leadership in the state of Georgia and a 118-million dollar investment that’s adding new products and jobs enabling the plant to build new models of freestanding ranges, which started rolling off the assembly line in January of 2024.

To view the entire report, click here.

About GE Appliances, a Haier company

At GE Appliances, a Haier company, we come together to make "good things, for life." We're creators, thinkers and makers who believe that anything is possible and that there’s always a better way. We’re a company powered by our people, made stronger through our diversity — allowing us to grow closer than ever before to our owners, anticipate their needs and enhance their lives. For four years in a row, we’ve been certified as a Great Place to Work™, for the second year in a row named one of Fortune’s Best Places to Work in Manufacturing, honored as one of the Best Workplaces for Innovators by Fast Company magazine, garnered one of Best Companies for Multicultural Women by Seramount (formerly Working Mother Media), earned the Achievers 50 Most Engaged Workplaces® award, received a perfect score for the sixth year in a row on the Human Rights Campaign’s Corporate Equality Index, and named one of the Top 100 Internship Programs by WayUp.

Since 1907, we’ve built innovative, quality products that are trusted in half of all U.S. homes. We sell appliances under the Monogram®, Café™, GE Profile™, GE®, Haier™ and Hotpoint™ brands. Our products include refrigerators, freezers, cooking products, dishwashers, washers, dryers, wine & beverage centers, air conditioners, small appliances, water filtration systems and water heaters.

To learn more about our company, brands, Corporate Citizenship efforts, economic impact, and working for GE Appliances, visit geappliancesco.com.

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