Whirlpool Corp, Transcom Group form manufacturing joint venture Star Business Report Star Business Report
Whirlpool Corporation, world s leading kitchen and laundry appliance company, and Transcom Group, one of the renowned business houses in Bangladesh, yesterday announced an agreement to set up a manufacturing plant in joint venture to make refrigerators in the country, said a press statement yesterday.
People s growing income and quest for convenience are fueling demand for kitchen appliance and encouraging global companies such as Whirlpool to set up facilities here.
The plant, spreading over approximately 85,000 square feet area, will adhere to Whirlpool Corporation s world class manufacturing standards, coupled with Transcom Group s focus on high-quality manufacturing, business excellence and legacy, the statement said.