Arçelik and LG to invest $57M in joint venture factory in Kocaeli, Turkey

Arçelik and LG will invest an additional $57 million in their joint venture factory in Kocaeli, Turkey, extending their agreement to 2023.

“Turkish white-goods maker Arçelik and Korean air conditioning manufacturer LG are to invest a further $57m in their joint venture factory in Kocaeli, near Istanbul.”coolingpost.com

• 1 source
• coolingpost.com$57m investment in Arçelik-LG factory - Cooling PostNeil EverittMay 5, 2017

Summarized from public sources; check the original articles before acting on it.