29 August 2018
Italthai Industrial is actively gearing ahead to lead the road construction market through the introduction of the US brand Power Curbers and Power Pavers, aiming to penetrate all types of road construction up to mega projects.
The firm said the US technique met the needs of Thai contractors by more than 50 per cent and resulted in increased efficiency. The launch strengthens the multi-brand strategy and is expected to push this year’s revenue up by 40 per cent.
Adis Peukpattanaruks, CEO of Italthai Industrial Co, Ltd, said: “For the second half of 2018, Italthai Industrial plans to boost sales in the road construction segment, which is obviously a huge market with widening opportunities.
“Extensive nationwide road expansion is driven by continuing investment in road construction as a result of the government’s economic development plan as part of Thailand’s logistics infrastructure development strategy.”
Italthai Industrial has a broad spectrum of heavy machinery such as Volvo ABG asphalt paver, motor graders and soil compactors will undoubtedly serve comprehensive road construction needs from streets to superhighways, Adis said.
“We expect an increase in the sales volume of road construction machinery will compensate those of other segments with slow growth in the first half of 2018. The slow progress of the government’s mega-projects has led to slow investment amongst contractors, particularly, in heavy machinery products.
“The company aims to achieve a 40 per cent revenue increase from the previous year.”