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Whirlpool and Hisense Form Appliances China Joint Venture
Apr 29, 2008
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Whirlpool Corp. and China-based Hisense-Kelon Electrical Holdings Co. Ltd. formed a joint venture in China for the delivery of appliances. The companies said they expect the joint venture to provide consumers in China with “even higher levels of innovation and global technology” in refrigerators and washing machines. As a 50-50 joint venture, Whirlpool and Hisense said they have equal investment and management responsibilities.

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