Foundation Stone Laying Ceremony for Schaeffler Manufacturing (Thailand)

Schaeffler Manufacturing (Thailand) Co., Ltd., subsidiary of the leading global automotive and industrial technology company from Germany, held the foundation stone laying ceremony for a Greenfield manufacturing site at Hemaraj Chonburi Industrial Estate 2. This facility, expected to start operations in the first quarter of 2016, will enable Schaeffler to further expand its production footprint in the Asia- Pacific region.

Mr. David Nardone, President & CEO of Hemaraj Land And Development Plc., joined Mr. Andreas Schick (front, center), Regional CEO, Schaeffler Asia Pacific, Mr. Jozef Babik (front, 8th right), COO and Mr. Masafumi Yoshida, President Automotive Schaeffler South East Asia during the foundation stone laying ceremony held at Hemaraj Chonburi Industrial Estate 2.