Press Release

01/26/2009

LG ELECTRONICS STRENGTHENS COMMERICAL AIR CONDITIONING PRESENCE IN U.S.

Company’s New Product Line, First U.S. Training Facility

 

Company’s New Product Line, First U.S. Training Facility

Signal Continued Growth in Commercial Air Conditioning Marketplace

 



CHICAGO, Jan. 26, 2009 – As the global leader in air conditioning production for the last eight years, LG Electronics is bringing its worldwide product innovation to the U.S. market. The launch of the innovative LG “Multi-V” system and advanced energy-saving technologies in the United States correspond with the increase in demand for global energy efficiency.

Now, with the inauguration of a new American President already committed to investing more in green initiatives and technological innovation, LG Electronics is primed to do the same. LG’s goal is to provide customers such as architects, building engineers and hotel operators with a broader range of cost and energy-efficient climate control solutions that do not sacrifice stylish design or quiet operation.

Evidence of LG’s commitment in the U.S. market, and against the current economic hurdles of a recession, the company invested in a new training facility based in Roswell, Ga., to support its fast-growing commercial air conditioner business. Opened last month, this 16,000 square foot state-of-the art facility has the capability to train hundreds of engineers, contractors and technicians each month.

“As we continue to expand our commercial AC business, this training facility is more important than ever before and will be a critical element in enabling us to provide our customers with the quality product and installations they have come to expect from LG Electronics,” said Michael Ahn, president and CEO, LG Electronics North America. “LG’s growth in the commercial AC marketplace during a time of increased economic uncertainty illustrates our unwavering commitment to providing innovative, technologically advanced products for the commercial, lodging and hospitality industries.”

As one of the world’s largest air conditioner manufacturers and with more than half a century of expertise in the appliance industry, LG continues to set new standards in innovative comfort solutions for commercial and residential applications. LG’s commercial air conditioning products are cost-efficient, quiet in operation and blend industry-leading technologies with attractive design options.

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances and business solutions, all under LG’s “Life’s Good” marketing theme. For more information, please visit www.LGusa.com.

CONTACTS:

John I. Taylor (847) 941-8181, john.taylor@lge.com

Katie Schaffer (312) 397-6025, katie.schaffer@ogilvypr.com

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