Thursday, June 30, 2011

Jatco shifting to Thailand

Jatco Co, a Japanese maker of automobile transmissions, will build a 7.6-billion-baht plant in Thailand to diversify risks arising from the strong yen and natural disasters at home.

The plant in Chon Buri will open in mid-2013 with annual production of 500,000 continuously variable transmissions (CVTs), making it the first manufacturer of the product in Thailand.