Thai auto light maker plans expansion

Newswire

BANGKOK, May 30 (Reuters) - Thai Stanley Electric PCL , Thailand's largest auto lighting equipment maker, said on Monday it plans to spend between 700 million baht and 1.0 billion baht ($17-$25 million) this year on expanding capacity. The investment would increase its capacity by 10-15 percent, executive vice president Apichart Leeissaranukul told reporters. Thai Stanley has a 70-80 percent share of the market for vehicle lights and 90-95 percent for motorcycles. It has an annual ...

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