Aapico revs up China expansion: Target set to triple revenue in three years

The SET-listed automotive parts maker Aapico Hitech Plc (AH) is planning a major expansion in China as it seeks to increase its revenue from the mainland to 3 billion baht in three years from the current 800 million.

19:12

Get link
Facebook
X
Pinterest
Email
Other Apps

Comments

Golden year for auto industry

THE NATION reports: This year can certainly be considered the golden year for Thailand's automobile industry. Just grab a look at these figures: apart from achieving a new sales record of an expected 1.4 million vehicles, 2012 also marks the first year that the industry has broken the 2-million-vehicle production mark. Auto exports from Thailand this year is estimated at Bt1 trillion, making the auto industry the biggest earning industry, with 1-tonne pickup trucks and eco-cars as the mainstream products, as well as auto parts and components. Watching this growth trend, many are already eyeing the 3-million-vehicle production mark for the auto industry. The Industry Ministry along with the Federation of Thai Industries (FTI), the Auto Industry and the Auto Parts Industry Club of the FTI, Thai Automotive Industry Association (TAIA), Thai Auto Parts Manufacturers Association (TAPMA), Board of Investment (BoI) and the Thai Automotive Institution (TAI) recently celebrated the 2-million...

All you want to know about Myanmar – a very nice presentation by the Union of Myanmar Federation of Chambers of Commerce…. Click here to download (8 MB PDF - 69 Pages about economy and investment / business opportunity).

Rayong, Thailand, September 9, 2011 - American Axle & Manufacturing Holdings, Inc., (AAM) which is traded as AXL on the NYSE, today announced the grand opening of its Rayong Manufacturing Facility, located in the Hemaraj Eastern Seaboard Industrial Estate in the Rayong Province of Thailand. Joseph S. Tang, the plant manager of Rayong Manufacturing Facility, will oversee the facility's manufacture of highly engineered and proven driveline products for the region. Products manufactured at the facility include front axles, rear axles; and driveshafts.

limguanengmymasterhero