Ford Thai­land to in­vest USD 186 Mil­lion in Ray­ong Fac­tory

Thai-American Business (T-AB) Magazine - - Member News -

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.

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