Ford Invests $450 Million in Thailand Manufacturing Plant

Ford Motor Co. is investing $450 million in a state-of-the-art passenger vehicle manufacturing plant in Rayong, Thailand, which is scheduled to be completed in 2012. The facility will produce the next-generation Ford Focus for the Asia-Pacific region, with the company citing the plant's flexibility in building a diverse range of vehicles in the future. This investment underscores Ford's commitment to expanding its presence in Southeast Asia and catering to the growing demand for passenger vehicles in the region.

Key Takeaways:

• Ford is investing $450 million in a new passenger vehicle manufacturing plant in Rayong, Thailand, which is expected to be completed in 2012.
• The facility will produce the next-generation Ford Focus for Thailand and other markets in the Asia-Pacific region.
• The plant will be highly flexible, allowing it to build a diverse range of vehicles in the future.
• Ford is expanding its presence in Southeast Asia, where demand for passenger vehicles is growing.
• The company is committed to increasing its production capacity and meeting the needs of its customers in the region.
• The new plant is a strategic move by Ford to tap into the growing market for passenger vehicles in Southeast Asia.

Statistics:

• $450 million: investment in the new manufacturing plant in Rayong, Thailand.
• 2012: scheduled completion date of the plant.
• Asia-Pacific region: markets where the Ford Focus will be produced for.
• 750 million: number of automobiles worldwide that currently use combustible engines.
• 30%: reduction in carbon dioxide emissions from vehicles targeted by new US and Canadian regulations.
• 40%: increase in fuel efficiency for vehicles targeted by new US and Canadian regulations.

Sources:

• Ford Motor Co. (NYSE: F)
• South Shore Resources Inc. (Other OTC: SSHO.PK)
• Honda Motor Co., Ltd. (NYSE: HMC)