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

Kelon Resumes Large-Scale Production in Asia
Aug 26, 2005
 Printable format
 Email this Article
 Search

Guangdong Kelon Electrical Holdings Co. Ltd., one of China's largest electrical appliance producers, has declared it will resume large-scaled production, following months of stoppage due to its crisis in April when top company managers were detained for alleged financial irregularities.

According to a plan, Kelon will produce 60,000 refrigerators in the period from August 20 to 31. In September, its output of refrigerators, including deep freezers and iceboxes, will reach 350,000 sets when its refrigerator production base at its Shunde headquarters resumes production. It is predicted that Kelon will restore its production capacity to the market level it had before April this year.

Kelon has formed a new management team. The company obtained startup capital mainly from the collections from its international marketing business. Foreign clients are said to have restored their confidence in Kelon and demanded continued fulfillment of orders. Suppliers have also responded positively to its decision to resume production.

Gome Chain Store will disburse money to Kelon, while Kelon has promised to deliver 20,000 units of refrigerators and 10,000 air-conditioners to Gome by the end of August. (Asia Times Online/Asia Pulse/XIC)

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