Truck maker sees logistical advantage in new facility.
Truck maker Hino will build a ¥3.45 billion ($34.1 million), 10,000-unit-a year manufacturing plant in Malaysia, due to open in the first half of 2014. Hino Motors Malaysia is changing its name to Hino Motors Sales Malaysia and the plant will be a stand-alone company, operating as Hino Motors Mfg. Malaysia. The plant is a 58-42 joint venture between Hino and MBM Resources, which owns 42% of Hino Malaysia. It will have about 300 employees. Hino says in a statement it has seen ...
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