Samsung\'s New Washer Plant In U.S. Begins Production

SEOUL, Jan. 13 (Yonhap) -- Samsung Electronics Co. said its new washer factory in the United States began operations Saturday to meet growing demand in the North American region.

With the launch of production at the factory in Newberry County, South Carolina, the South Korean tech giant plans to gradually expand the plant's facilities and its output to about 1 million units of washers annually by 2020. Samsung said its total investment in the plant will reach US$380 million.

The opening came as South Korea is pushing to keep the U.S. from imposing import restrictions on its large home washing machines.

In November, the U.S. International Trade Commission recommended a 50 percent tariff rate on imports of large Samsung and LG home washers built beyond the 1.2-million-unit threshold.

The recommendation was in response to a safeguard petition filed by U.S.-based Whirlpool in May. The commission determined that the Samsung and LG washers were having an adverse impact on the domestic industry.

Samsung has said despite the launch of the new factory, it still needs to import some parts of the sales volume to provide U.S. consumers with various product options. The company plans to hire some 1,000 employees for the plant by the end of this year.

U.S. President Donald Trump is expected to make a decision about the possible measures by early February.

This photo, provided by Samsung Electronics Co., shows its company officials, including Kim Hyun-suk (5th from L), head of the consumer electronics division, and South Carolina Gov. Henry McMaster (4th from L), posing for a photo at the ceremony to mark the launch of operations at the firm's new plant in Newberry County, South Carolina, in the United States on Jan. 13, 2018. (Yonhap) This photo, provided by Samsung Electronics Co., shows its company officials, including Kim Hyun-suk (5th from L), head of the consumer electronics division, and South Carolina Gov. Henry McMaster (4th from L), posing for a photo at the ceremony to mark the launch of operations at the firm's new plant in Newberry County, South Carolina, in the United States on Jan. 13, 2018. (Yonhap)

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Source : http://english.yonhapnews.co.kr/business/2018/01/13/0503000000AEN20180113001200320.html

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Samsung\'s New Washer Plant In U.S. Begins Production

Source:Reuters

Samsung\'s New Washer Plant In U.S. Begins Production

Samsung\'s New Washer Plant In U.S. Begins Production

Source:Evertiq

Samsung\'s New Washer Plant In U.S. Begins Production