Tuopu Group to build auto parts manufacturing base in Thailand
2025-04-17 11:58:22 [Print]
Tuopu Group has announced plans to invest up to USD300 million to establish an automotive parts manufacturing base in Thailand. The project will be implemented in phases, with the final investment amount subject to approval by relevant authorities in both China and Thailand.
As part of its ongoing internationalization strategy, Tuopu Group has already established production bases in Brazil, Malaysia, Poland, Mexico, and the United States. The new facility in Thailand is intended to further optimize the company's global presence and support the overseas expansion of its full product line. This move aims to enhance flexibility in responding to the evolving global trade environment, mitigate risks, and expand the company's international customer base and business with Chinese automakers operating abroad. Additionally, by leveraging local advantages such as cost efficiency, the project is expected to significantly boost the company's overall economic performance.
As part of its ongoing internationalization strategy, Tuopu Group has already established production bases in Brazil, Malaysia, Poland, Mexico, and the United States. The new facility in Thailand is intended to further optimize the company's global presence and support the overseas expansion of its full product line. This move aims to enhance flexibility in responding to the evolving global trade environment, mitigate risks, and expand the company's international customer base and business with Chinese automakers operating abroad. Additionally, by leveraging local advantages such as cost efficiency, the project is expected to significantly boost the company's overall economic performance.
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