Ford Celebrates Opening of New US$450 Million (THB14 billion) Manufacturing Facility in Thailand
| •State-of-the-art facility will serve as the foundation for Ford's plan to introduce eight all-new One Ford vehicles to the ASEAN region by mid-decade
•The highly-flexible facility, with an initial annual capacity of 150,000 units, is capable of producing a diverse range of vehicles
•Ford plans to purchase up to US$800 million (THB 25 billion) worth of local components annually through Thailand's local supplier network
•The new facility has the potential to support up to 11,000 new jobs – including 2,200 direct jobs with Ford and 8,800 indirect jobs through its supplier and dealer networks
•Since 2007, Ford is the largest automotive investor in Thailand, spending a total of more than US$1.5 billion (THB 46 billion) to continually expand its local operations.
BANGKOK, Thailand, May 3, 2012 – Ford Motor Company today celebrated the official grand opening of Ford Thailand Manufacturing (FTM) – a new US$450 million (THB14 billion), state-of-the-art passenger vehicle manufacturing plant in Rayong, Thailand.
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