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Life's good with 22% growth target for 2008

LG has announced it is aiming for 22% growth in its global air-conditioner shipments this year to $5 billion.
LG air conditioning is aiming at a global sales target of $5 billion with the emerging markets of Brazil and India being the main avenue of growth.

Nho Hwan-yong, executive vice president of LG's air conditioning division said LG expects growing sales in emerging markets, such as India and Brazil, to offset the impact of a slower U.S. economy.

LG reported $4.1 billion in 2007 air conditioner shipments and $4.8 billion in sales, according to the company.

LG is targeting growth in both global residential and commercial air conditioning products.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...


Aspen Pumps Group team takes on toughest race in the world

The Dakar Classic, known as the toughest motor race in the world, starts on New Year’s Eve 2022 and ends a gruelling, sun-drenched, sweat-soaked, sandblasted fortnight later. Itching to take part are brothers Pete and Chris Schey who, at 58 and 61 ...


Water Chillers - Maximum Efficiency and Minimal Energy Costs

Following the recent exuberant increase of energy costs, we take this opportunity to emphasise the importance of servicing your industrial chillers regularly.
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