New plant sited away from potential flood areas.
Bouncing back from the massive floods that wiped out its Thai production for months, Honda announces a TB20 billion ($674 million) plan to build a new assembly plant and expand its existing operation to raise its production to 420,000 units a year in 2015. The auto maker will spend TB17.5 billion ($587.7 million) to build a 120,000-unit assembly and engine plant in Prachinburi opening in 2015 and TB2 billion ($67.2 million) to expand annual capacity at its Ayutthaya facilities to 300,000 ...
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