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Honda Plans Thailand Parts Plant


Jai Dee

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Honda plans Thailand parts plant

Honda Motor Co. said Tuesday that a new subsidiary will start producing automobile parts in Thailand for the Asia-Oceania market next June.

Asian Parts Manufacturing Co. in Ayutthaya Province will invest about 3.8 billion yen into the spare parts plant, which will employ about 200 workers.

The new subsidiary will integrate Honda's body spare parts production in the Asian-Oceania region to improve quality and reduce costs, the company said.

It will also export parts to Europe and Japan for global models, including the CR-V and the Jazz.

Source: Japan Times - Wednesday, Aug. 23, 2006

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Honda builds parts plant in Thailand to meet demand

TOKYO (Reuters) - Honda Motor Co. , Japan's third-biggest car maker, said on Tuesday it is spending about 3.8 billion yen ($32.7 million) to build an auto parts plant in Thailand to keep pace with strong demand especially in Asia.

Asia Parts Manufacturing Co. Ltd., a new Honda subsidiary located in Ayutthaya province, will have an annual output capacity of 550,000 auto body parts and start production in June 2007, the company said. It said it wants to book 1.5 billion yen in annual sales in three years.

Source: Reuters - 23 August 2006

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