Business Services Industry
Thai Food-Wrapping Film Manufacturer Spends Big to Raise Output.
Knight Ridder/Tribune Business News, November, 2003
By Sujintana Hemtasilpa, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Nov. 13--MMP Packing Group Co, a leading Thai-owned wrapping film manufacturer, is investing 400 million baht on new machines in a bid to increase its annual production capacity by more than 40 percent, raking annual total sales of 1.4 billion baht.
"Orders from international customers have outstripped our production capacity," said managing director Anake Chongsathien.
Mr.Anake said his company had to turn down several orders in the past due to its limited capacity to fulfill the demand.
The privately owned company, with about 80 shareholders, markets two product lines: M Wrap film for food packaging, and M-Stretch pallet wrapping film for...
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