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LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

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LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL
Business

Business

LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

2026-08-17 09:00 Last Updated At:09:15

LG's Second Production Hub in Brazil, the Paraná Facility, Supports Regional Supply Chain Resilience

News Summary

  • LG Electronics opens new home appliance factory in Paraná, Brazil, reinforcing its growth across Latin America.
  • The new facility has an annual production capacity of approximately 600,000 refrigerators, with models designed to reflect Brazil's bi-voltage standards, climatic conditions and consumer lifestyles.
  • The Paraná factory integrates smart factory solutions, including AI and industrial robots, to enhance productivity, product quality and manufacturing efficiency.
  • The new facility will strengthen LG's presence in Brazil while supporting broader growth across Latin America.

SEOUL, South Korea, Aug. 17, 2026 /PRNewswire/ -- LG Electronics (LG) has opened a new plant in Paraná, Brazil, reinforcing its manufacturing footprint in Brazil and supporting long-term growth across Latin America, a key growth region for LG.

Representing an investment of approximately USD 310 million (BRL 1.5 billion), the factory is LG's second home appliance production base in Brazil, joining the Manaus plant in Amazonas, which began operations nearly three decades ago. The new facility spans an area of approximately 770,000 square meters and has an annual production capacity of approximately 600,000 refrigerators, equivalent to one unit every 14 seconds.

Smart Manufacturing for Enhanced Productivity and Quality
The Paraná factory incorporates smart factory solutions, including AI and industrial robotics, to improve production efficiency, product quality and workplace safety. The facility applies LG's Vision AI-based inspection systems and robotics-enabled automation to enhance product quality and production consistency. Articulated robots are utilized to handle physically demanding or higher-risk tasks, such as transporting refrigerator doors, helping improve workplace safety while supporting process stability.

Refrigerators Tailored to Brazilian Lifestyles
The expanded production infrastructure will strengthen LG's ability to bring locally tailored home appliances to market. Refrigerators made at the Paraná factory have been developed based on extensive local consumer research conducted by LG's Brazil-based R&D team. Comprising approximately 40 professionals, the team ensures that designs are optimized for Brazilian homes and lifestyles.

Additionally, the Paraná-produced refrigerators feature bi-voltage compatibility, reflecting Brazil's use of both 127V and 220V electrical systems. Engineered for the country's hot and humid climate and home-entertaining culture, the appliances also come equipped with LED-based internal sanitization to help prevent bacterial growth.

Strategic Production Hub for Local Supply and Regional Growth
The Paraná factory will initially focus on serving Brazil's domestic market by enabling the timely supply of locally tailored products. Manufacturing locally is also expected to improve logistics efficiency, reduce dependence on imports, cut delivery times by up to 80 percent, and strengthen LG's responsiveness to local market needs.

Over the mid-to-long term, the factory is expected to serve as a strategic production and export hub for Latin America, supporting regional growth while enabling the company to respond more flexibly to shifts in global supply chains and evolving market conditions. In practice, the plant facilitates shorter logistics timelines, providing LG with greater agility in supplying retailers and in reacting to seasonal demand and regional trends.

"The new Paraná factory strengthens our production capabilities, enabling us to ensure a stable product supply and deliver appliances tailored to the evolving needs of consumers in Brazil and across Latin America," said Baek Seung-tae, president of the LG Home Appliance Solution Company. "Through this strategic investment, we will continue to deliver differentiated customer experiences and reinforce our commitment to the region."

About LG Electronics Home Appliance Solution Company
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers' quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG's Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LG.com/global/newsroom/. 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

LG ELECTRONICS EXPANDS LATIN AMERICAN MANUFACTURING WITH NEW SMART FACTORY IN BRAZIL

DUBAI, UAE, Nov. 15, 2026 /PRNewswire/ -- EFICYENT, a cross-border payment platform, is going to attend the Singapore FinTech Festival (SFF) 2026, which is going to be one of the world's largest gatherings of the global financial and technology ecosystem.  It will take place between November 18 - 20, 2026, at Singapore. This event will converge policymakers, financial institutions, fintech companies, and investors to discuss the developments that are going to shape the future of fintech.

As financial institutions are desperately discovering new technologies, evolving payment infrastructure, and better ways to move money across borders, SFF 2026 is going to be an ideal platform for industry collaboration and knowledge exchange. The event will explore key forces transforming the financial system, including technology, geoeconomics, capital, talent, and policy, developing opportunities for businesses to engage with global industry leaders and explore emerging possibilities.

By participating in this event, EFICYENT is looking forward to connecting with other fintech companies, banks, financial institutions, and peer industry stakeholders to share their ideas, discover potential collaborations, and hold a conversation on the growing demand for efficient global payment infrastructure. Also, the company's presence will provide an opportunity to demonstrate how its capabilities can assist businesses navigating increasingly interconnected financial markets.

Ahead of the participation, Aravinth Ramesh, CTO at EFICYENT, said:

"As financial services entered a chapter where businesses expect something beyond the ability to transfer money. They need payment platforms that offer speed, transparency, flexibility, and access to global markets. So I think events like SFF create a better opportunity to know in which direction the industry is moving, to share our perspectives with industry leaders, and explore partnerships that drive meaningful progress."

Balasubramanyam K, CEO at EFICYENT, added:

"The future of fintech will be shaped by how effectively technology, financial institutions and payment networks work together. And this SFF event is going to remain an excellent opportunity to connect with industry leaders, better understand emerging requirements, and discover new approaches to making cross-border payments more accessible and efficient."

About EFICYENT

EFICYENT is a global cross-border payments and financial infrastructure platform that concentrates on enabling seamless international money transfers.

They focus on simplifying international transactions and advancing digital finance. EFICYENT is committed to supporting a seamless and interconnected global payments ecosystem.

Media Contact: 
EFICYENT
Dubai, UAE
Website: https://eficyent.com/ 
Email: support@eficyent.com
LinkedIn: https://www.linkedin.com/company/eficyent/

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

EFICYENT to Join Banks and Fintech Companies at Singapore FinTech Festival 2026

EFICYENT to Join Banks and Fintech Companies at Singapore FinTech Festival 2026

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