Siam-Hitachi lifts growth prospects | Bangkok Post: business

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Siam-Hitachi lifts growth prospects

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Siam-Hitachi Elevator Co is bullish on what it sees as strong local growth prospects. 

The Thai-Japanese joint venture, which makes elevators, escalators and moving sidewalks, opened its new 1.15-billion-baht factory in Chon Buri's Amata Nakorn Industrial Estate this month, with a first-year production target of 2,000 units.

Executive vice-president Dhanet Yongratanamongkol expects production will rise to full annual capacity of 5,000 units by 2015.

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