This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Meritage Homes And Whirlpool Corporation Announce Exclusive Partnership

Stocks in this article: MTHWHR





BENTON HARBOR, Mich., May 31, 2012 /PRNewswire/ -- Top-10 homebuilder Meritage Homes (NYSE: MTH) recently selected Whirlpool Corporation (NYSE: WHR) as the exclusive appliance provider to the builder's wide range of homes, including first-time, move-up, luxury and active-adult. Whirlpool Corporation will provide Jenn-Air, KitchenAid, Maytag and Whirlpool brand appliances to Meritage Homes' extensive communities throughout the Southern and Western states.

(Logo:  http://photos.prnewswire.com/prnh/20040202/DETU004LOGO )

"We believe Whirlpool Corporation, and its portfolio of brands, is the best choice for our homebuyers, as well as our business," said Bill Harrill, vice president of national purchasing at Meritage Homes. "With a variety of highly-regarded brands to choose from, Whirlpool's appliance selection meets our homebuyers' varied lifestyle and design needs. Buyers should find their services and products exceptional in quality, and their go-to-market strategy is a strong match with ours, which is key to maintaining our efficient homebuilding schedule."

Meritage Homes will also be one of the first homebuilders in the country to outfit many of its homes with the Whirlpool® Ice Collection, an entirely new kitchen suite of appliances that balances modern cues of metal against sparkling white and black surfaces. The suite is also available in stainless steel.

"Meritage Homes has a solid reputation for building high-quality, energy-efficient homes on schedule. We are honored to be selected as the exclusive appliance partner," said Bob Bergeth, general manager, national contract sales at Whirlpool Corporation. "We're confident this partnership will greatly benefit both companies and, more importantly, Meritage Homes' homebuyers."

About Meritage Homes Corporation

Meritage Homes is the ninth-largest homebuilder in the United States based on homes closed. Meritage builds a variety of homes across the Southern and Western states to appeal to a wide range of buyers, including first-time, move-up, luxury and active adults. As of March 31, 2012, the company had 150 actively selling communities in 15 metropolitan areas, including Northern California, East Bay/Central Valley and Southern California, Houston, Dallas/Ft. Worth, Austin, San Antonio, Phoenix/ Scottsdale, Tucson, Las Vegas, Denver, Orlando, Tampa and Raleigh-Durham.

Meritage was the first large national homebuilder to be 100 percent ENERGY STAR® qualified in every home started since January 1, 2010. Meritage has designed and built nearly 70,000 homes in its 25-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience.

For more information about the company, visit http://investors.meritagehomes.com .

About Whirlpool Corporation

For more than 100 years, Whirlpool Corporation's influence on home and family life has shaped trends in the kitchen, laundry area and beyond. The company strives to exceed expectations with appliances that help building professionals create homes of distinction. Whirlpool Corporation's The Inside Advantageā„¢ Program offers Powerful Brands, Innovative Products, Targeted Services and Market Insight to support building professionals.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs