Wednesday, June 9, 2010

Maytag Dishwasher Recall - 1.7 million fire hazards

1.7 million Maytag dishwashers are recalled by the Consumer Product Safety Commission and Maytag business. Twelve fires have been blamed on the recalled dishwashers. The Maytag dishwasher recall includes not just Maytag branded products, but Jenn-Air, Admiral, Amana, Crosley, Performa, and Magic Chef brands.

Article Source: Maytag Dishwasher Recall – 1.7 million fire hazards

The underlying problem of the Maytag dishwasher recall

The Maytag dishwasher recall has been initiated because of a severe safety concern. The heating element that helps dry the dishes can overheat, which causes a fire. The fire can effortlessly spread into a kitchen or house and cause very significant damage.

How to react to the Maytag dishwasher recall

Serial numbers in a wide range are affected by the Maytag dishwasher recall. You can opt for small cash loans to buy a new dishwasher, or have a Maytag repairman come to your home. You can search your dishwasher's serial number at repair.maytag.com.

Maytag recalls keeping the repairman busy

Maytag has always said that their repairman is bored. The kitchen appliance manufacturer has had several other recalls in current years. Last year, in 2009, Maytag recalled 1.7 million fridges for a fire-causing issue. Maytag recalled 2.3 million dishwashers in 2007, because they, too, could start fires.

Whirlpool Corporation expenditures for the Maytag Recall

Maytag corporation, which is owned by Whirlpool, is facing financial consequences for the recall. In early March, the stock for Whirlpool was at about $ 86. The stock has made significant gains – and today is at $ 102. However, news of these recalls is competing with news of a Whirlpool machining plant closing. Whirlpool corporation, in short, will end up paying a lot in cash and reputation for this recall. Despite almost $ 3 billion in corporate debt, Whirlpool is rated as a "stable" investment.



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