FOR IMMEDIATE RELEASE
Oct 11, 2022
HKS Co., LTD.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━Expansion of Our Factory in Thailand to Reinforce Production System for the Productsfor Overseas Markets
Becoming more responsive to demand increase by adding another building to our current factory inThailand as an R&D and manufacturing hub for the products for overseas market ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━-HKS Co., Ltd. (Headquarters: Fujinomiya, Shizuoka, Japan, President: Daisuke Mizuguchi) has
expanded our factory in Thailand to better respond to increasing demand, especially for theaftermarket products for overseas markets, as well as to reinforce our production system bytransferring production of such products that are currently being manufactured at our factory inJapan to the factory in Thailand.
We design, develop, and manufacturer automotive related parts, engines and engine parts, turbo charger
related parts, original mufflers, suspensions, and electronic control parts. We have added anotherbuilding to the muffler factory in Thailand, which started operating in 2009 as a overseas manufacturinghub, in order to become more responsive to the increasing demand. As of October this year, thisexpanded factory has been fully operational.

Since our founding in 1973, we have been leading the automotive aftermarket industry and haveestablished the “Tuning” culture by offering high performance parts, that are loved by many car
enthusiasts all over the world, including but not limited to engine parts, turbos, mufflers, suspensions,
air cleaners, electronic control parts. Furthermore, with our extensive knowledge and experience inaftermarket parts development, we have been contracted to develop and manufacture OEM products
from various car manufacturers. In recent years, we have been actively involved in the development ofhighly efficient engines, as well as in the demonstration project of battery replaceable EV Trucksubsidized by the Ministry of the Environment of Japan and promoting sustainable decarbonations
projects.
Our muffler factory in Thailand, which started operation in 2009, was a rental factory and its main
purpose was to serve as a hub to develop and expand emerging country markets, especially Thailand but
also other countries in ASEAN area. Then, along with increasing demand in Thailand and thoseneighboring countries, we have started the operation of our own factory at Bangpoo (North) Industrial
Estate, which is managed by Industrial Estate Authority of Thailand, in Samut Prakan Province. Its landarea is 10,000 square meters and its monthly production capacity started from 300 units, but currently
it has grown to 1500 units.
In the beginning, we mainly produced aftermarket mufflers for locally manufactured cars in Thailand
and neighboring countries at the factory. However, as time went by, we started OEM production forJapanese car manufacturers in Thailand, and at the same time the demand for aftermarket products foroverseas markets increased, caused a lack of warehouse space. In order to respond to these changes andto fulfill increasing demand from overseas markets, we have expanded our factory to create more
warehouse space as well as to establish a system to handle enhanced production capacity.
Regarding the expansion of the factory, the total floor area of the existing factory will be expanded fromapproximately 2,800 ㎡ to approximately 4,500 ㎡. The construction started this March and completed
in the end of September. Full operation will start from mid-October.
Furthermore, by this factory expansion, we are planning to raise the monthly production capacity from1500 units to 3000 units in 3 years.
Main purpose of this expansion is to reinforce mass production system for the OEM parts for car
manufacturers which are currently produced at our factory in Japan through shifting production of theproducts for overseas market from Japan to Thailand. We are also aiming at responding to increasing
demand for high value-added products for new and old sports cars as well as for high-end cars sold inJapan and Europe with this factory expansion.
With respect to the OEM mufflers for car manufacturers, orders to a manufacturer who can handle highmix low-volume production are increasing as the electrification of automobiles accelerates. We will bemeeting such needs of our customers by fully utilizing both of our factories in Japan and this factory inThailand.
As a comprehensive parts manufacturer, we will also enhance development capability and production
capacity of parts other than mufflers in Thailand, reinforce local development system including increaseof responsiveness to further electrification of cars, and aim to meet increasing demand by establishing
the Thailand factory as a development and production hub for overseas markets such as of ASEAN,Oceania, China, and North America.
■About HKS Co., Ltd.
Company Name：
President：
Location：Foundation：URL:

HKS Co., Ltd.
Daisuke Mizuguchi
2266 Kamiide, Fujinomiya, Shizuoka, Japan
October 1973https://www.hks-global.com/index.html
https://www.hks-power.co.jp/■About the Factory in Thailand

Company Name：HKS-IT CO., LTD.
President:
Ryuki Akaike
Location：
884 Moo 2 Phraek Sa Mai, Mueang Samutprakan, Samutprakan 10280 Thailand.
Foundation：
June 2001
URL:
https://hks-it.com/index.html
Major Shareholder： HKS Co., Ltd. （100%）
Certification：
December 2010: ISO9001【Contact】
Name： HKS Co., Ltd.
Address： 7181 Kitayama, Fujinomiya, Shizuoka, Japan
TEL:+81-544-29-1111