ACHRNEWS

Matsushita Closes U.S. Compressor Company

January 31, 2002
OSAKA, JAPAN — Matsushita Electric Industrial Co. has announced plans to discontinue production of refrigerator compressors at Matsushita Refrigeration Company of America (MARCA) on March 28, 2002. MARCA will then begin closing/liquidation procedures.

Production of refrigerator compressors for the U.S. market will be shifted to Matsushita’s Asian factories in Singapore, Malaysia, and China to further enhance the company’s strategy to achieve an optimum global production structure in this product area.

Publication date: 02/04/2002