General Electric’s Louisville-based appliance division has a new owner.
GE Appliances is now part of the China-based Haier Company. The multibillion-dollar sale was finalized on Monday.
About 6,000 people work at Louisville’s Appliance Park, which was constructed by GE more than 60 years ago. The division will now be called “GE Appliances, a Haier Company.”
Chip Blankenship will continue as president and CEO. He said employees should not expect any major shakeups under the new owner.