Honda has announced that it will be building a new production plant in Thailand, which will be located within newly-acquired land in Prachinburi Province, about 120 km east of Bangkok. The new factory is scheduled to become operational in 2015, and will have an annual production capacity of 120,000 units. It will primarily produce small and sub-compact sized vehicles.
In addition to the new facility, the company is ramping up annual production capacity of its existing plant in Ayutthaya from 240,000 to 280,000 units, and this has begun as of the end of January.
Plans are afoot to further increase the annual production capacity to 300,000 units in 2014, and combined with the capacity of the new Prachinburi plant, Honda’s total annual production capacity in Thailand will be 420,000 units in 2015.
The new Thai plant follows on the announcement of a new assembly plant in Indonesia last year. Expected to be up and running in 2014, the new facility in Bekasi will, together with the company’s existing factory, offer an annual production capacity of 180,000 units combined. Sounds like serious expansion, with six hundred thousand vehicles for the region by 2015, and that’s not including us.