Electrolux Announces Commitment to American Red Cross Disaster Fund for Storm Relief
Electrolux (STO:ELUXA)(STO:ELUXB) today announced a $100,000 commitment to the American Red Cross Disaster Fund to support the victims of Post-Tropical Storm Sandy. In addition, the company will match employee contributions up to another $100,000.
"Our thoughts and concerns are with everyone affected by this storm and the resulting floods that have caused significant damage along the East Coast,” said Jack Truong, president and CEO of Electrolux Major Appliances, North America. “We are pleased to be able to do our part in helping families during this time.”
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovative solutions that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances such as vacuum cleaners sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2011 Electrolux had sales of $15.7 billion and 58,000 employees. For more information go to www.electrolux.com/press and www.electrolux.com/news/
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