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

Electrolux to Build Thai Washing Machine Plant
Jul 5, 2005
 Printable format
 Email this Article
 Search

Sweden's Electrolux said it will spend 425 million baht (approx. U.S. $10 million) on building a regional centre for making washing machines and driers in Thailand.

The new Thai production base would replace one in Denmark, which would be shut down by the end of this year, Ettore Gregorini, head of the laundry systems department of Electrolux (Thailand), told reporters.

Thailand would be one of Electrolux's three laundry systems production bases and moving to Thailand would help the company cut costs by 10 percent, he said. The other two bases are in Sweden and France.

The construction of the new plant in the eastern province of Rayong is expected to be completed within 20 months and begin production in 2006 with an initial capacity of 6,800 washers and dryers a year, Mr. Gregorini said.

"Some 95 percent of the products will be exported and the rest for domestic sale. The United States and Asia-Pacific will be major overseas markets," he said.

The company planned to boost annual capacity to 13,400 in 2007 and to 17,000 in 2009, when Electrolux expected to double its sales in Asia, Mr. Gregorini said. The appliance maker sold machines worth $300 million in 2004, about 20 percent of them Asia, where Thailand, Malaysia, and Singapore were among the fastest growing markets. (Reuters)

Back to Daily News

 

Daily News

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

Apr 22, 2014: Final Rule Establishes Refrigerator Testing

Apr 22, 2014: A Third of Homes Worldwide Could Have Networks by 2018

Apr 22, 2014: Appliance Category Industrial Output Up 2% in March

Apr 21, 2014: Final Commercial Refrigeration Rule Published

Apr 21, 2014: Elam Offers Android-Enabled Kitchen Interface

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