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Matsushita Electric Industrial may shift motor machinery equipment plant to Thailand.

Asia Africa Intelligence Wire

| January 13, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From fnWeb.com)

fnWEB - Bangkok - January 13, 2004 - Japanese electronics giant Matsushita Electric Industrial Company is pondering shifting its 14-year old Kedah-based motor machinery equipment plant to Thailand, the daily New Straits Times reports.

The move follows the establishment of a new joint venture between Minebea Co. Ltd. and Matsushita Electric, the daily said. …

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