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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Midea Group starts construction of refrigerator plant in Brazil · Endata

◂ Announcements

Jan 1, 2025NEW FACILITYPouso Alegre, Minas Gerais, Brazil

Midea Group starts construction of refrigerator plant in Brazil

Midea Group commenced construction of a 73,000 sqm manufacturing plant in Pouso Alegre, Minas Gerais, Brazil, with an investment of approximately R$600 million (USD 122 million). The plant will produce 1.3 million 2-Door Frost-Free refrigerators annually, with production starting in July 2024 and products available by Q3 2024.

Value

$122.0M (600.0M BRL)

Starts operating

Jul 2024

Status

Under construction

Capacity

1.3 million products annually

Products2-Door Frost-Free refrigerators

CompaniesMidea

Sectors#Industrial Machinery

“Midea Group has commenced construction of a new 73,000 sqm manufacturing plant in Pouso Alegre, Minas Gerais, as part of its global expansion strategy targeting strategic markets like Brazil.”news.brgbuildingsolutions.com

1 source
news.brgbuildingsolutions.comMidea Group Expands Operations with New Factory in BrazilJan 1, 2025

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

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