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Midea is building a new plant in Rayong, Thailand, to produce variable refrigerant flow (VRF) systems and chillers. The plant, with an investment of 2.26 billion baht ($65.8 million), started construction in 2023 and is expected to commence operations by Q2 2025, with a capacity of 600,000 units per year.
| Site | Largest | Latest |
|---|---|---|
| Rayong, Thailand | $65.8M | 2025-01-19 |