Guangdong-based home appliances manufacturer Midea has signed an agreement with Jingzhou government to invest an additional Rmb400m in its refrigerator and freezer production base in the city, reported China Sourcing News.

Over the next three years, Midea will add an area of 33,000 sq metres to the facility in Hubei province, as well as expand its warehouse space. Once the expansion project is completed, production capacity will be increased by 5m units a year.