Siamwalla folds in Europe, considers Asean plant | Bangkok Post: business

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Siamwalla folds in Europe, considers Asean plant

Due to the economic slowdown in Europe, DHA Siamwalla Ltd, a folder manufacturer, will relocate its factory in Poland to Asean in two years to take advantage of the Asean Economic Community slated for 2015.

Mr Suharit displays some of the new Elephant folder products.

Managing director Suharit Siamwalla said the company is considering either Indonesia or Myanmar for the plant, which requires about five rai of land.

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