Japan-based transmission maker Jatco is building a TB7.6-billion ($246.8-million) plant in Thailand in a bid to more aggressively target the Southeast Asia market, but observers say the move is a hedge against the strong yen and the prospect of natural disasters. Jatco President and CEO Takashi Hata says the plant in Chonburi, Thailand, will manufacture automatic and continuously variable transmissions. Production is set to begin in the middle of fiscal 2013 with volume estimated at ...
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