JAMES CITY COUNTY, VA — Navien Inc., a leader in condensing technology for water heaters and boilers, will invest $77.5 million to establish its first U.S. manufacturing and assembly operation in James City County, Virginia.
ROMANIA—Italian group De’Longhi, which specializes in manufacturing coffee machines and other home electronics, has bought a 25,000 square meter industrial platform in Madaras, Bihor County, in Western Romania for a new factory.
There are many reasons attributed to the positive outlook in the home appliance market. Energy efficiency is one of the fundamental reasons behind the trend.
August 1, 2017
The outlook for the home appliance market looks positive. Relatively better economies across global markets, with growth in the housing sector, including home refurbishments, growth in nuclear families, urbanization, improvement in lifestyle, and more disposable income amongst younger consumers are some of the key economic drivers of growth in the home appliance market.