Mother maker sets out growth strategies

Mother maker sets out growth strategies

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Thai President Foods to invest over 2 billion baht in 3 years to raise production capability Mr Pun states this is the mostsignificant financialinvestment the business hasactually made in 2 years. Thai President Foods Plc, the producer of Mama immediate noodles, strategies to invest more than 2 billion baht over a three-year duration to broaden its production capability in action to preparedfor future development, both locally and abroad. Of the overall budgetplan, 1.6 billion baht is slated for obtaining and settingup 8 devices, while 400-500 million baht is for the purchase of land and buildingandconstruction of a brand-new factory, stated basic supervisor Pun Paniangvait. The brand-new factory will either be developed on a 50-60 rai plot of land situated near the Mekong River in Nong Khai or Mukdahan, or within the Eastern Economic Corridor (EEC) in Chon Buri or Rayong. Construction of the brand-new center is set to commence in 2025, with operations arranged to start in 2026. On conclusion, the brand-new factory will have a production capability of 600,000 loads per day, representing a 30% boost from the present output. This extra production ability will assistance the business’s expected development in both domestic and worldwide markets. “This is the mostsignificant financialinvestment the company hasactually made in 2 years,” Mr Pun stated, including the business is alloca
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