Sunday, September 27, 2020

Samson Controls’ distribution investment reflects economic optimism

Mar 09. 2018
Facebook Twitter

By The Nation

Samson Controls Thailand recently injected more than Bt200 million in boosting its new distribution centre to meet the growing demand for emerging businesses in the country.

Their investment reflects their belief in a bright economic outlook for the nation in the near future.

In a Friday press release, the company said it had successfully built a large Bt60-million warehouse to optimise inventory balances and maximise their ability to supply their manufactured control products, including valves for key industries.

To respond to the economic opportunities of the Asean bloc, the company plans to increase its registered capital to Bt27 million, and expects to increase sales volumes to Bt400 million by 2020, up from Bt320 million in 2017.

The company has offices in Rayong and Bangkok.

Facebook Twitter
More in Business
Editor’s Picks
Top News