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Article: THAILAND'S AMATA JOINS MITSUBISHI TO BUILD TURBO-CHARGER FACTORY.

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AsiaPulse News
Article date:
April 28, 2008
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BANGKOK, April 28 Asia Pulse - Thailand's leading estate developer Amata Group and Japan's Mitsubishi Heavy Industries (TSE:7011) have signed an agreement to produce turbo chargers in Thailand to meet increasing demand for the product both locally and internationally. The two companies will set up a joint venture named Mitsubishi Turbo Charger Asia, Amata Corporation Pcl director Viboon Kromadit, and Mitsubishi Heavy Industries director Katsuhiko Yoshida said in a press conference.

The Bt7 billion (US$220.78 million) factory, on 92 rai of land, will be built in Thailand's Amata Nakhon Industrial Estate. Mitsubishi Turbo Charger Asia will be capable of producing 2 ...

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