HSW to invest 375m RMB in manufacturing plant in Qingdao, China

HSW's Board of Directors approved an investment of 375m RMB to build a manufacturing and assembly plant in Qingdao, China, with construction starting at end of Q1 2020 and completion within a year.

“An investment like this at a time like this, strengthens the connection between Israel and China, and between Strauss and the Haier Group.”prnewswire.com

• 2 sources
• prnewswire.comHSW* to Invest 375m RMB In the Construction of a Manufacturing Plant in ChinaStrauss Group Ltd.May 11, 2020
• en.globes.co.ilStrauss to build Chinese purified water plant - GlobesGlobes correspondentNov 5, 2020

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