Thailand http://michiganradio.org en Ford opens new $450 million plant in Thailand http://michiganradio.org/post/ford-opens-new-450-million-plant-thailand <p>Ford Motor Company celebrated the official opening of its Ford Thailand Manufacturing (FTM) plant in Rayong, Thailand. It&#39;s the company&#39;s second plant in Thailand.</p><p>The $450 million passenger vehicle manufacturing plant &quot;will serve as the foundation for Ford&rsquo;s plan to introduce eight new vehicles to the ASEAN region by mid-decade,&quot; according to a company press release.</p><p>The ASEAN region includes the countries of <span class="st">Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and VietNam.</span></p><p><span class="st">Ford officials said </span>no other auto company has invested more in Thailand over the last five years:</p><blockquote><p>&ldquo;The opening of this new, world-class facility is the latest example in our aggressive growth plan for this region, which represents Ford&rsquo;s largest industrial expansion in half-a-century,&rdquo; said Joe Hinrichs, president of Ford Asia Pacific and Africa. &ldquo;The world-class One Ford vehicles produced here will be part of our plan to launch 50 new vehicles and powertrains in Asia Pacific and Africa by mid-decade.&rdquo;</p></blockquote><p>Ford officials said the new facility in Thailand includes &quot;one of the world&#39;s fastest stamping presses, and the latest in automotive manufacturing robot technologies. The plant is capable of producing 6 different vehicles simultaneously.</p><blockquote><p>This allows the company to bring new vehicles to market faster, and test new vehicles while maintaining full production speed.</p><p>&nbsp;</p></blockquote><p>The company released this video of the plant:</p><p>http://www.youtube.com/watch?v=FvUJwMQJyko&amp;feature=youtu.be Thu, 03 May 2012 17:59:52 +0000 Mark Brush 7323 at http://michiganradio.org Ford opens new $450 million plant in Thailand