Posted on 23 Jul 2008
Boonnarg Mockmongkonkul, chief executive of the Thai unit of
the world's leading metalworking machinery, equipment and system designer, said
the new facilities in
Investment in the R&D facility is projected at over 3
million.
The group has research and development assets of around 120
million.
The group selected
Danieli entered the kingdom more than two decades ago
through its trading unit, and later expanded into a production and design base
to help tap into high demand across emerging Asian countries.
The new R&D centre will focus on developing advanced
steelworks machinery technology and solutions to serve worldwide demand.
Mr Boonnarg said 32 million of the investment budget will be
used for the company's third expansion phase.
Yesterday Danieli entered into an agreement to purchase an
additional 121-rai of land in the Eastern Seaboard Industrial Estate (ESIE)
project developed by
The company's third phase will use 40 rai of land while the
remaining 81 rai of land would be reserved for future expansion.
Once the third phase is complete next year, its combined
capacity would rise to 40,000 tonnes a year from 25,000 tonnes now. Staff
levels will also increase to nearly 2,000 from 1,600 now.
The company earlier spent over 68 million in its first two
phases of the manufacturing plant on 200 rai of land, and is now running at
full operation.
Nearly 100% of current output is shipped overseas,
especially to
