Loading…
Midea began construction of its first wholly-owned plant in Pouso Alegre, Minas Gerais, Brazil. The company will invest approximately R$600 million ($120 million) in the 73,000 m² plant, which will produce 1.3 million products per year and create 500 direct jobs.
“Nossa meta é estar entre os três principais players do mercado em até quatro anos e a abertura de nossa fábrica no Brasil proporciona a competitividade necessária para sermos relevantes no segmento de refrigeração.”revistadofrio.com.br
Summarized from public sources; check the original articles before acting on it.