# Hangcha to build $20M forklift plant in Thailand

Hangcha Group announced it will establish a manufacturing facility in Thailand to assemble lithium batteries and manufacture forklifts and scissor lifts, with an initial investment of USD 20 million and capacity of 10,000 units.

- Type: New facility
- Announced: 2024-09-25
- Where: Thailand, Thailand
- Value: $20.0M
- Status: announced
- Capacity: 10,000 units
- Products: lithium batteries, forklifts, scissor lifts, boom lifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hangcha Group](https://endata.com/companies/18470.md)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/hangcha-to-establish-thai-presence.aspx?n=29555), 2024-09-25: "Thailand is a key economy, offering a favourable location and investment environment for manufacturing growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.