Haier plans new $350M AC factory in Qingdao, China

Unconfirmed reports indicate Haier plans to invest CNY2.5 billion ($350 million) to build a smart manufacturing air conditioning factory in Qingdao, China, with capacity of 5 million units per year. First phase expected in September 2026.

“Unconfirmed Chinese press reports claim that Haier plans to invest CNY2.5bn (US$350m) to build a new smart manufacturing air conditioning factory in Qingdao.”coolingpost.com

• 1 source
• coolingpost.comHaier plans new $350m AC plant - Cooling PostNeil EverittAug 28, 2024

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