Asia Pacific is a fast growing region and an increasingly important market for Mountain Top, which we expect a lot from in the years to come. To support our ability to deliver highly competitive products and services to our customers operating in the region, Mountain Top has commenced the construction of a production plant in Thailand. The plant, located in the Chon Buri south of Bangkok, will be operational from February 2020 and will initially employ a staff of approximately 50 people who will be working with the production of retractable tonneau covers and other accessories for pickup trucks.
The Danish production site and headquarter, which has seen a rapid expansion in output over the past years and has taken on additional 160 employees over the past nine months, will continue to serve the European markets as well as existing and new oversea export markets.
We are very excited about our entry into Asia and look forward to welcoming our new Thai colleagues and to continue building strong relations with our valued customers and suppliers.