December 02, 2008

Danieli to build metal R&D centre in Thailand

Bangkok Post reported that Danieli Far East Co, a subsidiary of Italian based Danieli C Officine Meccaniche SpA, is proceeding with a 100 million investment to expand its existing facilities into the group's regional production, design and research centre in Thailand. Investment in the R&D facility is projected at over 3 million.

Mr Boonnarg Mockmongkonkul CEO of the Thai unit of the world's leading metalworking machinery, equipment and system designer said that the new facilities in Thailand would include the group's first overseas research and development centre.

Mr Boonnarg said that the group selected Thailand as its overseas R&D and design centre due to the availability of supporting facilities and skilled human resources.

He added that the new R&D centre will focus on developing advanced steelworks machinery technology and solutions to serve worldwide demand