German automaker Daimler Commercial Vehicles Thailand is set to invest in a truck assembly facility in Chon Buri after ending a seven-year-long manufacturing relationship with Hong Kong-listed Tan Chong International Ltd.

Chief executive Sascha Ricanek said yesterday the company will invest in production infrastructure while hiring subcontractors to assemble Fuso trucks at the facility in Laem Chabang district. Production is expected to start by November with an annual capacity of 3,000 trucks.

Full story: Bangkok Post

IYACHART MAIKAEW
BANGKOK POST