Acushnet Titlelist (Thailand) Purchases Land at Hemaraj Eastern Seaboard Industrial Estate

Acushnet Titlelist ( Thailand ) Co., Ltd., a leading manufacturer of golf balls, recently signed a contract with Hemaraj Land And Development Plc. for purchasing 26 rai of land at Hemaraj Eastern Seaboard Industrial Estate. The plant will primarily produce and export golf balls with the Titleist brand to the active South East Asia golf market. Acushnet will break ground in June of 2009 and begin production by the 3rd quarter of 2010.

In the picture: Mr. David Nardone (2nd from left), President & CEO of Hemaraj Land And Development Plc. is seen exchanging the contract with Mr. William J. Frye (2nd from right), Vice President of Acushnet Titlelist ( Thailand ) Co., Ltd. while Mr. Vivat Jiratikarnsakul (far left), Hemaraj’s Executive Vice President, and Mr. Roland A. Giroux (far right), Assistant General Counsel of Acushnet Titlelist (Thailand) Co., Ltd. look on.