Ford Thailand signs a TB15.5 billion ($511.2 million) loan agreement with a group of Thai banks for money to help finance a state-of-the-art passenger-car production plant nearing completion in Rayong province. The auto maker will receive the funds from the Bangkok Bank, Tisco Bank and Exim Bank of Thailand. The new Thai factory, located 120 miles (193 km) southeast of Bangkok, will expand Ford’s local production and export capabilities. It also will support plans to introduce eight ...

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