Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Midea Expands Thai Plant
Oct 14, 2008
 Printable format
 Email this Article
 Search

Chinese home appliance maker Midea Group has spent US$150 million to expand its production bases to Thailand, Vietnam, and Russia, aiming to drive its manufacturing value to $700 million. The expansion will create 1500 jobs in total and its global sales would exceed $15 billion by 2010, said Ken Lu, sales manager of Midea Group.

In Thailand, the plant at Bang Poo Industrial Estate, Samut Prakarn, has been operating since March. It is now producing electric fans to serve the local market and export to India and Southeast Asia.

Shao Bin, marketing manager of Midea Group, said that apart from fans produced locally, it would import additional products such as rice cookers, microwave ovens, mid-sized air-conditioners, refrigerators, washing machines, heaters, dishwashers, vacuum cleaners, and some health-care products for the Thai market.

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows