Jingdezhen, Jiangxi – Meiling signed an agreement in December 2016 to add a 1m unit/year refrigerator facility at its existing plant here, according to the company’s website.
Located at the city’s National High-Tech Industrial Development Zone, the project has CNY200m ($28.8m) investment earmarked and includes a 50,000 m2 warehouse.
Construction of the new facility is expected to start in April 2017 and be completed in October. It will focus on the production of Meiling’s ChiQ label, a series of high-end smart fridges with volumes of 500 litre or above.
The site already has 1m unit/year refrigerator facility in operation. The existing facility made 550,000 units in 2016 and is projected to raise its production to 800,000 units this year.
Exchange Rates: Xe.com 5 January, 2017