Ford Thailand to invest USD 186 Million in Rayong Factory
Ford Motor Company announced an additional investment of USD 186 million ( Baht 6,269 million) in its existing Ford Thailand Manufacturing ( FTM) facility in Rayong province to help meet customer demand for its popular Ranger pickup truck. The new investment includes dedicated truck facilities in the plant’s Body and Trim, Chassis and Final ( TCF) shops and paint facilities will be expanded to accommodate a pickup truck. The Ranger is currently built at Ford’s jointventure facility, Autoalliance Thailand ( AAT), which will remain the company’s main production facility for Ranger in Asia Pacific. With AAT forecast to operate at or near maximum capacity for the foreseeable future, Ford is adding dedicated truck facilities to its existing FTM facility to allow for increased Ranger production.
“This investment and new Ranger pro- duction will help us meet the extraordinary customer demand we are experiencing for Ranger,” said the President of Ford ASEAN, Mark Kaufman. “Thailand’s commitment to the continued growth of its world- class auto industry gives Ford the opportunity to further leverage the skilled local work force and market expertise, as well as the strategic footprint that we have already established in Thailand,” Kaufman said.