# Midea starts construction of $120M refrigerator plant in Pouso Alegre, Brazil

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.

- Type: New facility
- Announced: 2023-04-11
- Where: Pouso Alegre, Minas Gerais, Brazil
- Value: $120.0M (600.0M BRL)
- Jobs: 500
- Starts operating: Jul 2024
- Status: under construction
- Capacity: 1.3 million products per year
- Products: refrigerators
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Midea](https://endata.com/companies/1678.md)

## Sources

- [revistadofrio.com.br](https://revistadofrio.com.br/midea-marca-inicio-das-obras-da-nova-fabrica/), 2023-04-11: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.