American Axle & Manufacturing Holdings, Inc. (AAM), today announced plans to establish a new manufacturing facility in Thailand, near the city of Rayong, located southeast of Bangkok.
AAM has acquired approximately 21 acres in an industrial park in the Rayong Province for the construction a 90,000 square-foot, state-of-the-art, wholly-owned regional manufacturing plant for its driveline products.
It is anticipated that the groundbreaking for this facility will occur in late spring of 2008, with preliminary production planned for 2009. Joseph S. Tang has been appointed plant manager to oversee the construction, build the organization, and be responsible for the future operation of the facility.
“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,” says AAM Co-Founder, Chairman & CEO Richard E. Dauch.
“AAM is continuing to invest in products and markets where we can best serve our customers and have the opportunity to drive profitable growth.”
The manufacturing facility will be located in the Hemaraj Eastern Seaboard Industrial Estate that is locally recognized as “Detroit of the East” for its heavy population of automotive OEMs and suppliers.
The location is strategically located in proximity to key seaports and will provide excellent geographic access to vehicle manufacturers throughout the region.
AAM’s current Asia operations include a manufacturing facility in Changshu, China along with business and engineering offices in Tokyo, Japan; Shanghai, China; Pune, India; and Seoul, South Korea.
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