Bangkok, Thailand – 03 July 2014 – Nissan has opened its second production plant in Thailand. The new plant will be a production hub for the NP300 Navara, Nissan's new generation pickup truck, destined for export to 45 countries around the world. Nissan has invested 3.7 billion Thai Baht in the 580,000 square meter facility, bringing with it 2,000 new job opportunities. Full production capacity is expected to reach 150,000 units per annum.
Thailand is a key market for Nissan, an integral part of their growth strategy in Asia. The country now boasts two plants and an R&D facility, and is increasing in importance as the company's Asian hub for exports and manufacturing. The new plant will increase Nissan's production capacity in Thailand to 370,000 units. More than half of the vehicles produced at this new plant will be exported to global markets. The localization ratio of vehicles produced is already at 85 percent, including the engine plant.
"Thailand is the engine of growth for us in the region, so we're excited to be opening this second plant today that will produce our latest pickup", said Fumiaki Matsumoto, Nissan's Executive Vice President responsible for global manufacturing. “It signifies our optimism for Thailand, as a growing automotive market, a center of manufacturing excellence for the region and an export hub for the world."
Nissan Motor Co., Ltd., Japan's second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with more than 244,500 employees globally, Nissan sold almost 5.2 million vehicles and generated revenue of 10.5 trillion yen (USD 105 billion) in fiscal 2013.