Matsushita Home Appliance Co. in Danville will change its name to Panasonic Home Appliances Co. of America, Division of Panasonic Corp. of North America, effective Jan. 1.
It will continue to manufacture vacuum cleaners under the Panasonic and OEM brands, according to a press release from the company.
The name change is part of an initiative by Matsushita Electric Industrial Co., Ltd., based in Osaka, Japan, in which its North America businesses will adopt the Panasonic brand name.
"Panasonic is the name that customers and channel partners have known us by for years," said company Chairman Yoshi Yamada.
" In addition, we are also in the midst of a huge transformation of our company's systems and organization," he continued. "By putting the Panasonic name on the revitalized company, we want to underline the dynamic change going on within the organization."