Home

Weblog

Property

MarketPlace

What's On

Back Issue








Thu, April 5, 2007 : Last updated 20:03 pm (Thai local time)



Lite version


Printable version


E-mail this article


Bookmark



Web

The Nation




Home > Business > Electrolux invests Bt600m in Rayong factory





Electrolux invests Bt600m in Rayong factory


Ian Banes launches the Market Fresh range yesterday.
Electrolux is spending Bt600 million to double the annual capacity of its Rayong plant to 300,000 front-loaded washing machines by the fourth quarter.

"The expansion will make our Rayong facility a centre to supply front-loaded washing machines to markets in Southeast Asia including Vietnam, Malaysia and Indonesia," Ian Banes, general manager of Electrolux Thailand, said yesterday.

"It's aimed at serving the growing trend of Electrolux's front-loaded business in

those markets that have serious concerns about the water and energy-saving capabili-

ties of front-loaded washing machines," he said.

The plant - set up in 2003 by Sweden-based Electrolux, the world's largest producer of home appliances - will also increase its production workforce from 350 to 600 this year.

It ships 80-85 per cent of its output to Southeast Asia. The expansion project will serve both domestic and export markets, which are expected to see a big increase of almost 20 per cent this year.

Electrolux yesterday rolled out its latest Market Fresh range of refrigerators, which have been developed around some key insights gleaned from in-home observations of Thai consumers.

Offering features such as bag clips, drinks-block and flexible storage, the new refrigerators are made at Sharp's plant on Bang Na-Trat Road as part of the global collaboration of the two electronic-appliance makers.

"The launch of our new refrigerator range will help strengthen our positioning as one of the leaders in integrated kitchen products in Thailand. The company plans to introduce 60 products for integrated kitchens this year, half of them produced at its facility in Rayong," Banes said.

Growth in the Bt40-billion overall home-appliance market will slow to only 2 per cent, from 5 per cent last year, due to the drop in consumer confidence, but integrated kitchen products should enjoy brisk sales, he said.

Electrolux is the market leader here for front-loaded washing machines and bag-less vacuum cleaners and is among the top five in integrated kitchen appliances. The company wants to move into the top three in integrated kitchens in 18 months to two years, he added.

Kwanchai Rungfapaisarn

The Nation








Most Popular Business Stories


Hilton eyes MICE boost

Last-minute bid to block signing

4-5% GDP forecast may be cut

Nestle takes total control

Repo rate could spell end for Tarisa's term


Home
I
Web Blog
I
Shopping
I
NationEjobs
I
Job Search
I
Web Directory
I
Back Issue


E-mail Us

I


Feed Back

I


Terms & Conditions

I


Advertisements

I


Site Map

Privacy Policy © 2006 www.nationmultimedia.com
44 Moo 10 Bang Na-Trat KM 4.5, Bang Na district, Bangkok 10260 Thailand
Tel 66-2-325-5555, 66-2-317-0420 and 66-2-316-5900 Fax 66-2-751-4446
Contact us: Nation Internet
File attachment not accepted!