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Thai Rung expanding to meet local demand.
Byline: Aranee Jaiimsin
Sep. 8--Thai Rung Union Car Plc (TRU), a leading Thai-owned vehicle modifier, plans to invest 550 million baht to expand its key assembly parts production to cater to the sustained growth in demand from the Thai automotive industry by next year. According to managing director Sompong Phaoenchoke, about 150 million baht will be invested in Thai Rung General Motor Co, one of the company's subsidiaries, to expand its tooling (dies and jigs) plant in Bangkok. The company plans to invest another 400 million baht in Thai Auto Pressparts Co, another subsidiary in Rayong, to increase its press machine production.
Negotiations are also ...
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