atkol, a Thai manufacturer of food-processing, refrigeration and ice-making machines, will open an office in Myanmar next year.
Managing director Sangchai Chotchuangchatchaval is confident the food industry, including exports in the region, will continue to expand.
At present the company has offices in the Philippines, Indonesia, Malaysia and Vietnam. The Thai office serves Cambodia and Laos markets.
Sangchai said the full implementation of the Asean Economic Community next year would result in 700 million people being brought together and as a result Patkol would have access to many more potential customers. He said that would present a tremendous growth opportunity for a company that was a pioneer in the market and now has more than 50 years of history.
Patkol also has representatives in the United States, Australia, Europe, Japan, the Middle East, and Africa. It does business in more than 50 countries.
Sangchai said the expansion meant the company would have to train staff for up to three years - an important INVESTMENT - while its 10,000-square-metre Kingkaew factory in Bangkok was being upgraded and would serve as a distribution, installation, service, and training centre.
New machines will also be installed at Patkol Manufacturing in Phetchaburi.
Sangchai said the company had the biggest market share in Thailand, with its domestic and overseas sales accounting for 80 per cent and 20 per cent of its business respectively.
It wants that ratio to be 50:50 within five years. The company recorded total revenue of Bt2.97 billion and a net profit of Bt132.55 million in the first nine months of the year.
atkol, a Thai manufacturer of food-processing, refrigeration and ice-making machines, will open an office in Myanmar next year.
Managing director Sangchai Chotchuangchatchaval is confident the food industry, including exports in the region, will continue to expand.
At present the company has offices in the Philippines, Indonesia, Malaysia and Vietnam. The Thai office serves Cambodia and Laos markets.
Sangchai said the full implementation of the Asean Economic Community next year would result in 700 million people being brought together and as a result Patkol would have access to many more potential customers. He said that would present a tremendous growth opportunity for a company that was a pioneer in the market and now has more than 50 years of history.
Patkol also has representatives in the United States, Australia, Europe, Japan, the Middle East, and Africa. It does business in more than 50 countries.
Sangchai said the expansion meant the company would have to train staff for up to three years - an important INVESTMENT - while its 10,000-square-metre Kingkaew factory in Bangkok was being upgraded and would serve as a distribution, installation, service, and training centre.
New machines will also be installed at Patkol Manufacturing in Phetchaburi.
Sangchai said the company had the biggest market share in Thailand, with its domestic and overseas sales accounting for 80 per cent and 20 per cent of its business respectively.
It wants that ratio to be 50:50 within five years. The company recorded total revenue of Bt2.97 billion and a net profit of Bt132.55 million in the first nine months of the year.
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