AW (Thailand) Co., Ltd. Acquires 133 Rai at Hemaraj ESIE 2 for New Manufacturing Facility

AW (Thailand) Co., Ltd., a wholly-owned subsidiary of AISIN AW CO., LTD, world leader in automatic transmissions and car navigation systems, has purchased 133 rai of land at Hemaraj Eastern Seaboard Industrial Estate 2. With a total investment of 4.65 Billion Baht and a production capacity of 120,000 units per year, the new manufacturing facility to be built on the site will start operating in July 2017. AW’s new subsidiary in Thailand will respond to the expanding demand of automatic transmission customers within ASEAN.

Shown in photo: Mr. David Nardone (2nd left) President & CEO, Hemaraj Land And Development Plc and Mr Vivat Jiratikarnsakul (far left), Advisor to the President, seal the land purchase deal with Mr. Fusashi Obora (2nd right), President of AW (Thailand) Co., Ltd., and Mr. Yuichi Iwakawa (far right), Administration Vice President, during the contract signing ceremony.