US EditionTurkiye's Arcelik to Halt Refrigerator Production in Thailand Amid Shrinking Sales
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Turkiye's Arcelik to halt refrigerator production in Thailand amid shrinking sales
Turkish home appliances producer Arcelik announced that it will cease operations at its refrigerator manufacturing facility in Rayong, Thailand, by Dec. 1, as part of the company’s broader global efficiency and optimization strategy. According to a company disclosure, the decision will result in the transfer of production capacity to other Arcelik-operated facilities and is not expected to have any unforeseen negative impact on total production …
Turkey's leading appliance giant, Arçelik, has decided to halt production at its Rayong refrigerator facility in Thailand as part of its global efficiency strategy. The move, announced in a statement to the Public Disclosure Platform (KAP), will be operational at full capacity starting December 1, 2025. A total of 411 employees are expected to be laid off, along with $3 million in severance costs. Here are the details...
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