The story
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 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 to be oil-free.
In 2018, Embraco closed its factory in Turin and moved it to Slovakia, albeit leaving a business office in Turin.
In April 2018, Whirlpool Corporation entered into an agreement with Nidec Corporation to sell Embraco for $1.08 billion.
Headquartered in Brazil, Embraco had been a Whirlpool Corporation business unit since 1997.
From Wikipedia’s article on Embraco, shared under CC BY-SA 4.0.4