N.E. Chemcat Corporation licenses Brookhaven Lab electrocatalyst technology for fuel cells in electric vehicles
Corning secures new long-term diesel emissions-control supply agreements

Report: Suzuki to build another engine plant in Indonesia, tripling its output

The Nikkei reports that Suzuki Motor Corp. plans to build another engine factory in Indonesia, tripling its output there to 150,000 units a year. The automaker will invest roughly ¥30 billion (US$390 million) to set up engine manufacturing operations from parts production to finished engines, by 2015, according to the report.

The company plans to start up the engine plant and a facility for cast and forged engine parts at around the same time...Suzuki has been assembling its mainstay Swift and SX4 subcompacts in Indonesia, and is working to lift its annual output capacity there from 120,000 vehicles to at least 150,000 next spring. But its engine production capacity in the Southeast Asian country stands at 50,000 units a year.

...Auto sales in Indonesia jumped by about 60% on the year to around 760,000 vehicles in 2010, close on the heels of Thailand's roughly 800,000 units. In 2011, Indonesia likely became the biggest auto market in Southeast Asia.

Comments

HarveyD

Wise move. Indonesia with 200+M people (soon) will become a major higher growth market and lower labor cost for many years to come.

The comments to this entry are closed.