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Article: LG ELECTRONICS ANNOUNCES PLANS TO OPEN MANUFACTURING FACILITY IN INDONESIA
- Article from:
- PR Newswire
- Article date:
- December 6, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Multi-Million Dollar Plant Will Be Company's Third-Largest Behind Korea
and China; Facility to Augment Company's Global Expansion Plans
ENGLEWOOD CLIFFS, N.J., Dec. 6 /PRNewswire/ -- LG Electronics Inc. announced today that it has selected Indonesia as the site for development of a $450 million multi-product manufacturing facility. This investment will serve as a core manufacturing base for LG Electronics in Southeast Asia.
Scheduled to begin mass production in April 1996, LG Electronics' manufacturing plant will produce color TV core components such as color tubes, deflection yokes and flyback transformers. In addition, the company also plans to ...