K entucky Governor Steve Beshear and Louisville Mayor Greg Fischer announced March 26 that Midea America Corporation plans to locate its first U.S. research and development operation in Jefferson County, Kentucky. Midea will create up to 25 new jobs and invest nearly US$2.7 million in the project.

"This is a very exciting project on many levels," said Gov. Beshear. "Not only is Midea America creating new jobs, but it also is increasing Kentucky's international footprint and elevating our status as one of the top research and development locations in the country. I look forward to seeing the impact of Midea America's R&D center across the nation and around the world.

"Having a global industry leader like Midea America choose to locate its first U.S.­based research and development center in Louisville speaks to the strengths we have as a worldwide leader in innovation, research and advanced manufacturing," said Mayor Fischer.

"Midea's investment in our city demonstrates the company's confidence in our local and regional economy and our ability to compete successfully on a global level." The center will work to bring value to Midea's North American customers through product innovation and development.

The company will also hire a number of U.S. product experts to guide the company's efforts. Midea America is still determining the exact location of its Louisville facility, but expects to start hiring employees in the coming months. "Midea America is excited to work with the state of Kentucky and local Jefferson County government to establish its North American R&D center," said Mark Wilson, Midea's director of U.S. Research and Development. "The area has a strong technology background, and Midea looks forward to better serving its customers with a focused US product development effort."

Midea has been serving North America with air conditioning, refrigeration, washing machines, dishwashers, floor care and numerous small appliances for more than 10 years.

Kentucky is home to more than 430 internationally based companies, including 170 from Asia and two with Chinese ownership. Last year, nearly a third of all new investment and 20 percent of jobs announced in the state was a result of foreign direct investment. "It is exciting that Midea is locating its first U.S. research and development facility in Jefferson County," said Sen. Morgan McGarvey, of Louisville. "The company's location in our great city will create new jobs and opportunities for Kentuckians. Congratulations to Midea and welcome to Louisville."

Rep. Larry Clark of Louisville also welcomed Midea to Jefferson County.



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