Ford to Invest $450M in New Passenger Vehicle Plant in Thailand
Green Car Congress
JUNE 24, 2010
Ford Motor Company is investing US$450 million (THB 15 billion) in a new passenger vehicle manufacturing plant in Rayong, Thailand, scheduled for completion in 2012. The facility will begin building the next-generation Ford Focus in 2012 for Thailand and other markets in the Asia-Pacific region. The highly flexible plant will be capable of building a diverse range of vehicles in the future. Up to 85% of the plant’s production will be for markets outside Thailand.