Camden Property Trust Selects Whirlpool Corporation as Exclusive Appliance Provider to Help Residents and Employees 'Live Green'

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Nov 08, 2010, 10:30 ET

BENTON HARBOR, Mich., Nov. 8, 2010 /PRNewswire-FirstCall/ -- Whirlpool Corporation (NYSE: WHR) is now the exclusive appliance provider for Camden Property Trust (NYSE: CPT) to further the real estate company's "Live Green" initiative. Under the agreement, Whirlpool Corporation will provide sustainable Whirlpool brand kitchen and laundry appliances to Camden's new and existing multifamily communities throughout the United States.

Through its "Live Green" initiative, Camden residents and employees are focusing on reducing their carbon footprints by conserving resources, using eco-friendly building materials and home products, and making smart choices daily to recycle and save paper.

"Whirlpool Corporation shares our commitment to the environment and making sure residents have the best experience possible with our properties and service," said Steve Hefner, senior vice president of construction and facilities at Camden Property Trust. "The Whirlpool brand meets the high-quality standards we uphold throughout our communities. And, the company's devotion to on-time delivery and proper installation has made successfully managing our projects that much easier."

"From providing recycling bins to its residents – to building with energy-efficient materials, Camden takes their environmental commitment seriously," said Tom Halford, general manager, contract sales and marketing at Whirlpool Corporation. "Camden's decision to specify only Whirlpool Corporation appliances is further proof of their commitment and the sustainability of our appliances."

Whirlpool Corporation's nationally recognized Quality Express® Delivery Service ensures that appliance packages arrive on time and are properly installed, in working order. Through a partnership with SmartWay Transport® – a collaborative program between the Environmental Protection Agency and the freight industry – and resource-efficient and recyclable packaging, Whirlpool Corporation is able to take a greener approach to delivering products. Requiring the use of cleaner-operating and more fuel-efficient motor vehicles, SmartWay Transport® allows Whirlpool Corporation to increase energy efficiency while reducing greenhouse gas emissions.

About Camden Property Trust

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 186 properties containing 63,964 apartment homes across the United States. Upon completion of three properties under development, the Company's portfolio will increase to 64,681 apartment homes in 189 properties. Camden was recently named by FORTUNE® Magazine for the third consecutive year as one of the "100 Best Companies to Work For" in America, placing 10th on the list. For more information, visit www.camdenliving.com.

About Whirlpool Corporation

Whirlpool Corporation strives to exceed expectations with appliances that help building professionals create homes of distinction. The Inside Advantage™ is designed to meet the needs of Whirlpool Corporation's building community customers. More than a program, The Inside Advantage™ provides trade customers with the strength of Powerful Brands, Innovative Products, Market Insight and Targeted Services, all from one company.

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $17 billion in 2009, 67,000 employees, and 67 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world. For more information on Whirlpool Corporation and its offerings for building professionals, please visit www.insideadvantage.com or call 1-800-952-2537.

SOURCE Whirlpool Corporation