Maytag Dishwasher Recall | 1.7 million fire hazards
The Consumer Product Safety Commission and Maytag have issued a Maytag dishwasher recall for 1.7 million machines. There have been 12 reports of fires from the defect that caused this recall. This Maytag dishwasher recall includes dishwashers sold under the Maytag, Jenn-Air, Amana, Admiral, Crosley, Magic Chef and Performa brands.
Danger of the Maytag Dishwasher Recall
The defect that prompted Maytag and the Consumer Product Safety Commission to undertake the recall is a safety hazard. A heating element in the dishwasher can overheat or fail, causing a fire. The fire can easily melt through the plastic housing of the dishwasher, causing significant kitchen damage.
What to do about the Maytag dishwasher recall
The Maytag Dishwasher Recall effects all models with a wide variety of serial numbers. If you do have a recalled Maytag dishwasher, you can opt for quick cash to use to buy a new dishwasher or have a repairman come out. The website at repair.maytag.com includes a search tool to see whether your dishwasher is included in this Maytag recall.
Maytag recalls keeping the repairman busy
The bored Maytag repairman has been the image of Maytag for years. This Maytag recall, though, is far from the first for the kitchen appliance manufacturer. In 2009, 1.7 million Maytag refrigerators were recalled for compressor issues that could cause fires. In 2007, 2.3 million dishwashers were recalled for an electrical short fire hazard.
Costs of Maytag Recall to Whirlpool Corporation
Whirpool Corporation, which owns Maytag, is facing dire stock consequences for this recall. In early March, Whirlpool’s stock 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 Whirpool machining plant closing. In short, Whirpool corporation will be paying dire reputation consequences for this Maytag recall. The company is still rated as a “BBB-” or “stable” investment, despite the $2.9 billion in corporate debt.