|
|
Article: A.O. SMITH STRENGTHENS FORCE IN CHINA
- Article from:
- AsiaInfo Services
- Article date:
- August 2, 2006
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
08-02-2006
A.O. Smith Strengthens Force in China
NANJING, Aug 02, 2006 (SinoCast via COMTEX) -- After the second phase project, which is worth USD 37.8 million and covers an area of over 15,000 square meters, is put into production, A. O. Smith (China) Water Heater Co., Ltd., the China branch of A. O. Smith and the current No.1 in the Chinese water heater sector, doubled its annual output to 1.2 million sets.
Driven by soaring demand of the Chinese water heater market, A. O. Smith successfully outstripped China's leading domestic consumer electronics manufacturer Haier with a 60 of year-on-year growth in sales in the second quarter in China. Whereas, its doubled ...