Honda to Build New Automobile Production Plant in Thailand and Increase Total Annual Production Capacity in Thailand to 420,000 Units in 2015
BANGKOK, Thailand, February 6, 2013 - Honda Automobile
(Thailand) Co., Ltd. (HATC), Honda's automobile production and sales subsidiary
in Thailand, today announced plans to build a new automobile production plant
with an annual production capacity of 120,000 units. The new plant will be
located within the property that Honda newly acquired in Prachinburi Province
(approximately 120km east of Bangkok).
With an investment of approximately 17.15 billion baht
(approximately 44.6 billion yen*), including acquisition of the land and
construction of the automobile assembly and engine plant, the new plant is
scheduled to become operational in 2015 with initial employment of
approximately 1,200 associates (excluding seasonal). HATC will strive to
establish a highly efficient production system at the new plant through various
efforts including shortening of production processes and introduction of latest
production technologies including new painting and welding equipment. HATC is
planning to produce primarily small and sub-compact sized vehicles at the new
plant, for which demand is increasing on a global basis.
Furthermore, annual production capacity of HATC’s existing
plant in Ayutthaya is increased from 240,000 to 280,000 units as of the end of
January 2013, through the addition and upgrading of the existing facilities and
equipment. HATC is planning to make an additional investment to increase the
annual production capacity of the existing plant to 300,000 units in 2014.
Combined with the capacity of the new plant, HATC’s total annual production
capacity will be increased to 420,000 units in 2015.
Envisioning the continuous growth of the small car market in
Thailand and exports to ASEAN, Oceania, the Middle & Near East, Africa and
Caribbean countries, HATC will increase its production capacity while also
enhancing its product lineup.
*Calculated with an exchange rate of 1 baht = 2.6 yen
< About Honda
Automobile (Thailand) Co., Ltd. >
Established: December
2000
Capital Investment: 5.46
billion baht
Capitalization Ratio: 75.94%
Honda Motor Co., Ltd.
13.05% Asian Honda Motor Co., Ltd.
11.01% Others
Representative: Hiroshi
Kobayashi/President
Location: Ayutthaya
Province, Thailand
Business Areas: Production
and sales of automobiles
Production Models: Brio,
Brio Amaze, Jazz (known as Fit in Japan),
Jazz Hybrid, City, City CNG, Civic, Accord, CR-V
Production Capacity: 280,000
units per year
Employment: Approximately
4,100 associates (excluding seasonal)
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