LG-Shaker Company, a joint-venture air-conditioning factory of LG Electronics and its sole distributor in Saudi Arabia HG Ibrahim Shaker, was recently inaugurated in Riyadh.

Located at Al Taweer Industrial City, south of Second Industrial City in Riyadh, the $35 million (SR131 million) facility is expected to produce 250,000 of air-conditioning units per year, which will eventually reach 500,000 units per year over the next five years.
“Saudi Arabia is the biggest market in the Middle East and LG-Shaker Company will build the complete local business system from product development to production,” says YH Lee, CEO of LG Digital Appliance Company. “We plan to strengthen our global network of air-conditioning business by utilising all the regional production facilities including the recently inaugurated LG-Shaker factory. With the construction of this new air-conditioner production facility in Saudi Arabia, LG now has eight air-conditioner production facilities in local markets around the world.”