Newsan inaugurates its LG washing machine manufacturing line

Newsan inaugurated the manufacturing of LG washing machines at its Avellaneda plant, a new commitment to the industry and the development of the country. The new [...]

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Newsan inaugurated the manufacturing of LG washing machines at its Avellaneda plant, a new commitment to the industry and the development of the country.

The new line with the Korean brand demanded US$10 million and has capacity for 100,000 units annually. In its first year, it will start with a floor of 35,000 and the expectation is to reach 50,000. The former SIAM of Avellaneda already made refrigerators. “We would like to continue growing with freezers or hot water tanks,” said the CEO of the local group, Luis Galli.

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