Haier Invests in Thailand Manufacturing

Chinese appliance maker Haier plans to invest 600 million Thai baht, or about $19 million U.S., to expand manufacturing capacity at its appliance plant in Thailand, according to articles in the Bangkok Post and other media outlets. About $4.5 million would be spend to expand washing machine production and about $2 million would go for expanding refrigerator production. Media sources say washing machine production could double to 400,000 appliances annually. Refrigerator productions could get as high as 1 million units per year.