Lahore, Pakistan – China’s appliance maker Meiling and Pakistan’s appliance distributor Ruba Group is to add $2.6m investment to their refrigerator joint venture in Lahore, Pakistan.
The plant, with 160,000 unit/year capacity, came on stream in July 2015 as UTECH-polyurethane.com reported at the time.
According to Meiling’s stock exchange filing, $1.5m will be used in the plant’s cabinet foaming project to raise its manufacturing capability and enable speedier response to the local market.
The rest $1.1m will be pumped into new product development, focusing on direct cooling and variable frequency products to gain a differentiated advantage, the filing added.
The capital will be injected through the two parties’ subsidiaries, Zhongshan Changhong Electric and Ruba General Trading.