Embraco
 | |
| Industry | Manufacturing |
|---|---|
| Founded | 1971 |
| Headquarters | , |
| Products | Refrigeration compressors and condensing units |
Number of employees | 10,000+ |
| Parent | Nidec Corporation |
| Website | www.embraco.com |
Embraco is a manufacturer of compressors for refrigeration systems, founded in 1971 in Brazil. Embraco produces hermetic compressors, condensing units and sealed units, for domestic and commercial use.
Its headquarters and main factory is in Joinville, Santa Catarina, in the southern region of Brazil.[1] Embraco also has factories in China, Mexico and Slovakia, as well as business offices in Turin (Italy), Moscow (Russia) and Atlanta (United States).[2]
Embraco employs approximately 10,000 people worldwide. The firm invests heavily in product design and manufacturing, and supplies large international household refrigeration OEMs as well as the biggest manufacturers of commercial refrigeration equipment.[3]
History
[edit]Embraco was founded in Joinville, in the Southern region of Brazil, in 1971. It was founded to supply the Brazilian refrigeration industry which, until then, relied entirely on imported compressors. A few years after its inauguration it already began to export to other countries in the Americas.
In the 1980s, the sales and distribution structure reached over 80 countries. Anticipating a globalized economy, the company decided to set up production bases overseas.
In 2014, Embraco announced linear compressors which were claimed to be more compact than other compressors and be oil-free.[4][5]
In 2018, Embraco closed its factory in Turin in Italy and moved it to the Slovakia, albeit leaving a business office in Turin.[6]
In April 2018, Whirlpool Corporation entered into an agreement with Nidec Corporation to sell Embraco for $1.08 billion.[7] Headquartered in Brazil, Embraco had been a Whirlpool Corporation business unit since 1994.
References
[edit]- ^ Embraco (in Portuguese). Joinville, Brazil: Embraco. 2008. ISBN 978-85-240-3919-5. Archived from the original (PDF) on 2008-02-22. Retrieved 2008-01-25.
- ^ "Sobre a Embraco". Embraco (in Brazilian Portuguese). Retrieved 2020-11-15.
- ^ Sherman Act Violations Yielding a Corporate Fine of $10 Million or More. Wash., D.C.: U.S.Justice Dept. 2012. Retrieved 2012-11-27.
- ^ https://www.coolingpost.com/world-news/oil-less-linear-compressor-launched/
- ^ https://www.acr-news.com/embraco-claims-oil-less-compressor-breakthrough
- ^ (in Italian)La Repubblica
- ^ "Whirlpool To Sell Embraco Business To Nidec For $1.08 Bln In Cash - Quick Facts". NASDAQ.com. 2018-04-24. Retrieved 2018-06-06.
External links
[edit]- www.embraco.com — Embraco
- Manufacturing companies of Brazil
- Companies based in Joinville
- Manufacturing companies established in 1971
- Heating, ventilation, and air conditioning companies
- Brazilian subsidiaries of foreign companies
- 2019 mergers and acquisitions
- Brazilian companies established in 1971
- Multinational companies headquartered in Brazil