date:Mar 06, 2013
Thai Union Frozen Plc (TUF) is doubling its annual capitalexpenditure to 6 billion baht per year over the next three yearsto expand its production capacity and penetrate more ASEAN markets.
A cold storage facility with a capacity of 30,000 tons will bebuilt, with 20,000 tons operational this year and another 10,000tons in 2014, according to President Thiraphong Chansiri. Headded mergers and acquisitions will also play a part.
Thiraphong said the investment of 18 billion baht is vital forthe w