THAILAND: AAM to invest in new Thai plant

By just-auto.com editorial team | 16 October 2008

American Axle & Manufacturing (AAM)  has said it plans to invest US$40m to build its first plant in Thailand as part of its drive to expand production in Asia.

The new plant, located near the city of Rayong southeast of Bangkok, is expected to begin commercial production of driveline products in April 2010.

It is anticipated that the groundbreaking for this facility will occur in late spring of 2008, with preliminary production planned for 2009. Joseph Tang has been appointed plant manager to oversee the construction, build the organisation, and be responsible for the future operation of the facility.

Richard Dauch, co-founder, chairman and CEO of AAM, said: "Our new facility in Thailand represents a significant expansion of our manufacturing footprint in the important economy of Asia where growing demand for vehicles is accelerating production volumes."

The new Thai plant is expected to create about 230 engineering and manufacturing jobs, the company said.