Ford factories in Thailand to obtain a US $900 million improve

In an announcement at present, Ford Motor Company committed to investing US $900 million – about 30 billion baht – to improve their factories in Thailand. ติดตั้งโซล่าเซลล์ vowed to modernise its manufacturing crops in Thailand that help the building of the Everest SUV and Ranger pickup truck.
The 30 billion baht is the most important single funding that Ford has ever made in Thailand. Ford will make investments the money through their manufacturing plant as well as with their joint venture with Mazda Corporation in Japan, referred to as AutoAlliance Thailand.
The massive investment would pump just below half of the cash – about US $400 million – into the provision chain network. The money would also create about 1,250 new jobs on the Ford Motor factories.
Investment in Thailand’s auto trade has grown it to be the fourth-biggest hub for assembly and export of vehicles in Asia. The automotive trade now accounts for round 10% of manufacturing jobs and Thailands gross home product.
Thailand is the home of factories not simply from Ford Motors, but additionally automotive heavyweights Honda and Toyota. General Motors had factories in the kingdom as nicely, but last 12 months they offered them to Great Wall Motor, a Chinese automobile manufacturer.
Great Wall Motor is producing SUVs in Thailand, however have also used their factories in the country to produce electrical vehicles. Thailand has focused lately on the goal of becoming a hub in Southeast Asia for the production of electric vehicles and recently PTT Plc, the state-owned vitality firm, pledged to cooperate with Foxconn of Taiwan and to take a position between 1 and a pair of billion US dollars in building a model new plant to manufacture electrical vehicles.
SOURCE: Bangkok Post

Leave a Comment