Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Medical reform committee kicks off despite boycott from doctors
-
3
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
4
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
5
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
6
DP leader says he will meet Yoon without conditions
-
7
Over 9,000 hotline calls made by stalking victims in 2023
-
8
Monthly users on local streaming platforms outpace Netflix, Disney+
-
9
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
-
10
Seoul to promote luxurious side of the city
![[Hello India] Hyundai Motor vows to boost 'clean mobility' in India](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/25/20240425050672_0.jpg&u=)
LG Electronics to invest $20.5m in US washing machine plant expansion
By YonhapPublished : April 15, 2021 - 14:49
LG Electronics Inc. said Thursday it will invest $20.5 million to expand its washing machine factory in the United States in a move to meet growing demand in the country.
The home appliance maker said the investment will create 334 new jobs at the plant in Clarksville, Tennessee, bringing its total workers to 1,000.
LG has invested $360 million to build the plant, which has been operational since late 2018 and currently has the capacity to produce more than 1 million front- and top-load washers per year.
The plant has allowed LG to avoid US safeguard measures against South Korean washing machines.
In February 2018, the US government slapped safeguard duties on imported washing machines, prodding South Korean companies to increase US output to avoid or minimize the impact from the trade barriers. (Yonhap)
The home appliance maker said the investment will create 334 new jobs at the plant in Clarksville, Tennessee, bringing its total workers to 1,000.
LG has invested $360 million to build the plant, which has been operational since late 2018 and currently has the capacity to produce more than 1 million front- and top-load washers per year.
The plant has allowed LG to avoid US safeguard measures against South Korean washing machines.
In February 2018, the US government slapped safeguard duties on imported washing machines, prodding South Korean companies to increase US output to avoid or minimize the impact from the trade barriers. (Yonhap)
