[Korea ohahreum financial newspaper reporter] LG Electronics builds a washing machine factory in Tennessee.
Giving LG Electronics TN 28 (local time) to Bill in Nashville, Tennessee materials Provincial Government Slam Governor, LG Electronics songdaehyeon H & A business division build a washing machine factory in Clarksville middle of the (President), juhyeonghwan industry generally and Energy Minister to attend It signed a memorandum of understanding (MOU) for.
LG Electronics has completed the land contract, design the production line until the first half of this year, plans to construction year.
The total investment is 250 million US dollars (about 282.5 billion won), until the first half of 2019 after the plant construction plans will soon go into production and sales.
This plant in the washing machine, washing machine Bin.Hello to create more than one million per year, LG Electronics is expecting.
From 2010 to review the candidates on LG Electronics plant workforce, infrastructure, cost competitiveness, such as tax benefits and decided to make a plant in Clarksville consider various incentives.
LG Electronics is 7000㎡ factory to build scale, only seven total floor area of buildings on a land area of 1.25 million ㎡.
The new plant will contribute to local economic development through labor employment, local parts industry associations spread through the procurement, tax payments, etc. If after completion of the course, creating jobs in the construction period operations.
LG Electronics factories in the United States because jieumyeon ease the local burden tariffs to reduce logistics costs and transportation time even considering investment costs, including labor costs are expected to maintain the current level of cost competitiveness.
Further research and development, design, sales, production localization services gotta until after the entire business sector expects to raise consumer business capabilities in the United States.
So far, South Korea, LG Electronics on selling a washing machine in the United States produced in Asia is seen expects to strengthen the initiative of the US premium washing machine market through local production "major strategic markets of the US infrastructure, including local production for sustainable growth in I investment, as well as differentiated products and marketing investments create one such brand that customers envy, "said.
Meanwhile, Korean companies after it has entered the new government of the United States entered the process to build a factory in the US This is the first time. Samsung Electronics reported a situation that build electronics factory in the United States have already shown subsequently noted that the US investment company itttareul of Korea.
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