Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Matsushita to Invest in Fifth Thai Plant
Jul 26, 2004
 Printable format
 Email this Article
 Search

Matsushita Electric Works Ltd. has invested 1.70 billion baht (approx. U.S. $41.4 million) to build its fifth manufacturing plant in Thailand. The company also has plans to invest another 3.69 billion baht for further expansion by 2006, the Industry Minister said in a statement.

Matsushita Electric makes electronic and electrical appliances. The new plant, which will produce connectors, switches, and electronic relay switches, will be used as the Japanese company's production base for the Indochina region, Pinij Jarusombat said. The facility will be built in Nong Kai province, in northeast Thailand.

The Thai Board of Investment has granted tax privileges, including exemption of income taxes and waivers on import tariffs for capital and raw materials, to the company.

Matsushita Electric expects to record 14 billion baht in sales from all its Thai factories this year. The company expects to record up to 20 billion baht in sales next year from its Thai factories. (Dow Jones)

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows