High-Tech Home Laundry Center Earns 2024 Spark Innovation Award
The NAHB Leading Suppliers Council (LSC) recently announced LG Electronics as the winner of the 2024 Spark Award for its new LG WashTower™ home laundry center. The annual Spark Award recognizes the most innovative LSC member who demonstrates superior knowledge and expertise in developing cutting-edge building products and services.
Guy Minnix, head of the LG Pro Builder division of LG Electronics USA, said he is honored to accept the Spark Award on behalf of LG, and that he is excited about the many benefits the WashTower product offers to consumers.
“As an important part of the LG Pro Builder portfolio of products, the unique LG WashTower home laundry center offers the ultimate in energy efficiency with its dual-inverter heat pump technology that dries laundry at a lower temperature, significantly reducing energy consumption,” Minnix said.
The LG WashTower is a single unit, front-load laundry center that includes a ventless dryer. Unlike other ventless dryers, it extracts moisture and recycles heated air for more energy-efficient drying.
The WashTower also boasts built-in sensors that detect fabric texture and load size, automatically customizing wash motions and eliminating the need for the user to determine the correct wash cycle. And thanks to five jets with variable sprays, LG says the WashTower is capable of delivering “a complete clean in under 30 minutes” for normal loads.
“As the market moves toward electrification, more home builders are embracing high-efficient heat pump technology and industry-first innovations like the LG WashTower to deliver an expanded assortment of innovative laundry offerings to their buyers, along with energy-saving technologies,” Minnix said.
The LG WashTower was among numerous applications from other highly innovative suppliers for this year’s Spark Award. Two runner-up certificates were awarded to those that stood out the most, including:
- First runner-up: Panasonic Corporation for the Intelli-Balance® 100 Mirror ERV (FV-10VEC2R)
- Second runner-up: Whirlpool Corporation for the Maytag® Pet Pro Top Load Washer
LG will be presented with the Spark Award during a supplier’s reception at The New American Home 2024 on Sunday, Feb. 25.
Latest from NAHBNow
Economics
Jun 09, 2026
Regulatory Costs Jump 40% in Five Years, Add $131,734 to New Home PricesA new study by NAHB finds that regulations at the federal, state and local levels add $131,734 to the cost of a new single-family home—26.4% of the average sales price of $499,500 as of January 2026.
Sponsored Content
Jun 08, 2026
7 Reasons Why Visibility Is Your Most Underrated Competitive Advantage Right NowIn slower markets, the builders who keep showing up often win — not because they're the loudest, but because they never go quiet. Those who have figured out the capital side of the business are more likely to maintain visibility.
Latest Economic News
Economics
Jun 09, 2026
Existing Home Sales Increased in MayExisting home sales rose to a five-month high in May as more first-time buyers stepped back into the market. The share of first-time buyer reached 35% in May, the highest since June 2020. However, sales remained weak compared to historical norms, with still-tight inventory continued to push up home prices.
Economics
Jun 08, 2026
Mortgage Applications Retreat in May, with ARMs Gaining ShareMortgage application activity declined again in May as higher mortgage rates continued to suppress the market, although adjustable-rate mortgages (ARM) gained some traction. According to the Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, applications fell 5.5% month-over-month in May on a seasonally adjusted basis.
Economics
Jun 05, 2026
U.S. Labor Market Remains Resilient in MayDespite rising inflation and ongoing economic uncertainty, the U.S. labor market remained resilient in May. Nonfarm payrolls increased for the third consecutive month, and the unemployment rate held steady at 4.3%.