Rice Cookers: Plant and Logistics Center

rice cookers: Iris Korea Co., its local unit, has so far handled LED lighting, cleaners and rice cookers among other products imported from its plant in Dalian on the northeastern coast of China, according to The Japan Times. The new factory mainly produces circulators, which the Japanese firm has manufactured in China and exported to other countries, including the United States. The company has invested about 7 billion 64 million to produce circulators, air purifiers, comforter dryers and storage items at the plant in Incheon, near Seoul, it said at an opening ceremony Friday. ; Aiming to meet increasing demand from online shoppers, the plant will double as a logistics center in addition to an existing facility in Gunpo, south of the capital, according to the company. In light of the lingering trade war between Beijing and Washington, it plans to initially produce 100,000 circulators per year at the new plant, avoiding the risk of additional tariffs on the goods. The local e-commerce market grew 22.6 percent year on year to 111 trillion won 97.8 billion in 2018, government statistics show. Sales of circulators in the South Korean market topped 1 million units last year, according to local media reports. (news.financializer.com). As reported in the news.