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LG Egypt to add AC production line with $60M investment · Endata

◂ Announcements

Oct 25, 2017EXPANSION10th of Ramadan City, Egypt

LG Egypt to add AC production line with $60M investment

LG Egypt Electronics will install a new air conditioner production line at its factory in 10th of Ramadan City, Egypt, with an initial investment of $60 million. Production is expected to start in 2018.

Value

$60.0M

Starts operating

2018

Status

Announced

Productsair conditioners

CompaniesLG Electronics

Sectors#HVAC and Industrial Refrigeration

“تعتزم شركة LG مصر للإلكترونيات، تدشين خط لإنتاج أجهزة التكييف، ضمن خطتها لزيادة استثماراتها بالسوق المحلى.”alborsaanews.com

1 source
alborsaanews.com"LG" للإلكترونيات تدشن خط تكييفات باستثمارات 60 مليون دولار - جريدة البورصةكريم صلاحOct 25, 2017

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

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