Posts Tagged ‘Latin America news’

Midea expands operations for Latin America and the Caribbean


Portfolio includes full line of home appliances and portable devices, plus residential and commercial air conditioners

MIAMI, Jan. 19, 2017 /PRNewswire-HISPANIC PR WIRE/ — Midea, a global leader in air conditioning and appliances, present in more than 150 countries, will invest US $ 30 million in expanding its business to Latin and Central America. The operation’s Head Quarter will be in Miami, where the launch of the project will take place on January 23rd at the Pullman Hotel.

The company, with revenues of over US $ 24 million, more than 20 factories and 124 thousand employees worldwide, aims to reach a key area for its global expansion strategy, Latin America and the Caribbean, which in 2016 only, had a volume of 12 million units sold, with average revenues of US $ 3.1 million.

Currently, Midea is present in the region in Brazil, Argentina and Chile, through the joint venture with American Carrier. “Our goal is to strengthen even more the brand globally, positioning products with the latest technology and quality,” says Joao Claudio Guetter, CEO of Midea LATAM.

“The strategy will be to introduce the products gradually with a launching schedule. To win local consumers, we will develop a differentiated product line, which will have the characteristics of each country where they will be offered, with specific design that pleases the consumer”.

The headquarters of the new operation was chosen for its geographical location, ease of finding bilingual professionals and the proximity to clients who have offices in the city, since they buy directly from the exporters in Miami.

Midea will market air conditioners; heaters, fans and humidifiers; water heaters; complete kitchen line; small appliances; vacuum cleaners and laundry line. The products will be brought from factories in China and Brazil.

About Midea

Founded in 1968, Midea Group is a World Fortune 500 company, and has grown to be one of the world’s largest manufacturers and exporters of household appliances.

Over 150 countries and regions, Midea employs over 124,000 people worldwide, including engineers, researchers, and industrial designers worldwide, which help the company to lead with innovative concepts that enrich the lives of consumers, in addition to providing manufacturing expertise and scale to business partners Around the world.

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Ministers from the European Union, Latin America and the Caribbean united at the CELAC-UE Conclave

Dominican Republic Foreign Minister Miguel Vargas called out to participants so that efforts be oriented towards consensus, focusing on what unites us.

Vargas will preside the plenary of the Conclave that will reunite delegations from over 59 countries.

SANTO DOMINGO, Dominican Republic, Oct. 25, 2016 /PRNewswire/ – Dominican Republic has become the capital of transatlantic diplomacy today with the reception of more than 30 ministers and 59 delegations of countries participating at the first meeting of Foreign Ministers and Senior Officials of the Community of Latin American and Caribbean States (CELAC) and the European Union states, event that will be held until Wednesday.

DOMINICAN REPUBLIC host of the conclave of ministers of foreign affairs of Latin American, Caribbean and European Union CELAC-UE.

Federica Mogherini, Vice President and High Representative of the European Union for Foreign Affairs and Security will accompany the Minister of Foreign Affairs, Miguel Vargas Maldonado, in the development of the CELAC-UE meetings in the Caribbean nation.

The Minister from the Dominican Republic, motivated his counterparts from the Community of Latin American and Caribbean-European Union to participate actively in the dialogues, exhorting that the decisions taken should be based on consensus among participants, putting the general interest of bi-regional community first.

“We are at a critical point, where we are committed to ensure that the European CELAC-EU forum fulfills its transcendental purpose that has arisen facing common global challenges.”

“Therefore, I appeal to you all, so that your efforts are oriented towards consensus, under a constructive spirit, aimed at reconciling positions, putting aside what separates us, focusing on the goals that unite us”, added chancellor Vargas, as he welcomes the start of the of conclave discussions with a meeting of Senior Officials of the CELAC-EU.

Delegations Arriving

Since early hours, the Ministry of Foreign Affairs has been receiving the different delegations arriving in the country which include on the side of Latin American and Caribbean countries, the Vice President and Foreign Minister of Panama, Isabel De Saint Malo Alvarado; the foreign ministers of Chile, Heraldo Muñoz; Colombia, Maria Angela Holguin; Haiti, Perriot Delienne; Ecuador, Guillaume Long; El Salvador, Hugo Martinez; Guatemala, Carlos Raul Morales Moscoso; Bolivia, David Choquehuanca Cesoede; Belize, Wilfred Elrington; Antigua and Barbuda, Charles Henry Fernandez.

The ministers of Dominica, Francine Baron; Bahamas Frederick Mitchell; Barbados, Maxine McClean; Jamaica, Kamina Johnson Elizabeth Smith; Saint Kitts and Nevis, Mark Brantley; Argentina, Susana Malcorra; Honduras, Maria Dolores Lara Aguero; Costa Rica, Manuel González Sanz and Paraguay, Eladio Loizaga.

Meanwhile already in the Dominican capital are the European foreign ministers: from Portugal, Augusto Santos Silva; Latvia, Edgar Rinkevis; Poland, Witold Easzcykowski; Bélgoica, Didier Reynders; Slovakia, Miroslav Lajkac; Luxembourg, Jean Asselborn and Hungary, Peter Szijjarto.

Delegations led by deputy ministers and officials have arrived in Santo Domingo to join technical meetings, whose first and preliminary sessions initiated Sunday afternoon at the Foreign Relations Convention Center.

Several sessions of this kind will take place until tomorrow Tuesday afternoon, when the formal meeting of the Foreign Ministers will initiate with an opening ceremony led by Minister of Foreign Affairs of the Dominican Republic, Miguel Vargas and Vice President / High Representative of the European Union Affairs Foreign and Security Federica Mogherini, with the presence of the Dominican President Danilo Medina.

Foreign Minister Miguel Vargas pointed out that in accordance with the commitment made by the Dominican Republic as a country holding the Presidency Pro Tempore of CELAC, the Ministry has deployed all the arrangements and requirements for this encounter between Latin American, European, and Caribbean partners, stemming that the meetings be held auspiciously, with the will of strengthening the bi-regional dialogue for the benefit of our peoples and nations.

The Foreign Ministry has worked with effort and dedication to uphold the image of the country and further strengthen the regional leadership of the Dominican Republic.

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APR Energy Signs Six-Month Contract Extension for Guatemala Mining Project

JACKSONVILLE, Fla., July 15, 2015 /PRNewswire/ — APR Energy plc (LSE: APR), a global leader in fast-track power solutions, today announces that it has signed an extension for its 16MW power project supporting a mining customer in Guatemala. APR Energy’s mobile diesel generators have served as the sole power source for the crucial operations of the mine, which operates independently from the local grid system. The project, which began in January 2013, now is contracted to run into the first quarter of 2016.

“We are pleased that the customer has again extended our contract. It is a testament to our ability to safely deliver the reliable power needed by energy-intensive operations such as mining,” said Tom Caldwell, Managing Director of APR Energy’s Americas region.

“Extractive industries typically require round-the-clock power with variable load savings, and this project is one of a growing list of successful solutions that we have provided to mining companies and other industrial facilities around the world,” Caldwell added.

APR Energy’s power solutions for extractive and other industrial companies also have included a 2011 project in Mozambique with Vale, the second largest commercial mining company in the world; one for a copper mine in northwest Botswana in 2012; and an ongoing project for a mining company in the South Pacific.

About APR Energy

APR Energy is the world’s leading provider of fast-track mobile turbine power. Our fast, flexible and full-service power solutions provide customers with rapid access to reliable electricity when and where they need it, for as long as they need it. Combining state-of-the-art, fuel-efficient technology with industry-leading expertise, our scalable turnkey plants help run cities, countries and industries around the world, in both developed and developing markets. For more information, visit the Company’s website at

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