- Chinese tyre maker Prinx Chengshan will invest 10.1 billion baht ($318.4 million) in its first overseas plant in Thailand, industrial estate developer WHA Corp Pcl said on Monday.
- Prinx Chengshan is setting up the plant in an industrial estate run by WHA with an initial workforce of 1,200 and annual production capacity of 4.8 million tyres for passenger cars and trucks.
- The workforce will exceed 2,000 as capacity grows to its production target of 12 million tyres per year.