Saturday, May 15, 2010

Toyota shutting Thai plant in two weeks

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TOKYO : Toyota Motor will suspend production at one of its plants in Thailand at the end of the month as part of a revamp of its global production and supply network, a spokeswoman said on Friday.
The automaker will shift production at Thai Auto Works near Bangkok- which builds the Fortuner sports utility vehicle and the Hilux Vigo pick-up truck - to two other Thai plants after May 31, the company official said.
The factory, in Samrong in Samut Prakan province on the outskirts of Bangkok, began operations in 1988 and has been producing about 60,000 vehicles a year, mainly for export to Europe and the Asia-Pacific region. Toyota does not disclose the factory's annual production capacity.
The move will not result in job cuts, she said, adding that Thai Auto Works has 950 employees and an annual capacity of 50,000 units.

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