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Thursday, March 28, 2024

TCP vows to spend B500m on machinery

Mr Saravoot said that although the global market situation in this year’s first quarter was still challenging, TCP would continue to invest but with greater caution.

TCP Group, the manufacturer and distributor of Kratingdaeng energy drink, Mansome functional drink and Sponsor, doesn’t expect any negative impacts on its business from the policies of the new government, including pledges to raise the minimum daily wage.

The company has pledged to spend 500 million baht on the installation of machinery for its two production lines of Sponsor and Kratingdaeng this year.

TCP recently agreed to establish a joint venture with a Malaysian company to expand its energy drink business before branching out into new product categories, while…

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