PIMO unveils a business plan for the year 65, aiming to increase revenue reaching 1,200 million baht
Date 09 Jan 2022 time 21:44
PIMO unveils a business plan for the year 65, aiming to increase revenue reaching 1,200 million baht, giving birth to new products under the Pioneer Motor brand
Mr. Wasan Itthirojanakul, Managing Director of Pioneer Motor Public Company Limited or PIMO-PIMO, the main business of producing Air Conditioning Motor, Induction Motor, water pump Centrifugal Pump Motor for Swimming Pools Motors for home pumps (Submersible Pump, Pool Spa Pump and Home Pump) revealed that in 2022 the company has set a revenue target of 1,200 million baht, an increase from 2021 that is expected to be 1,000 million baht or a 20% growth due to Full orders 8 months in advance, together with the company Prepare to release new products for sale, consisting of 1. Centrifugal pump products under the brand Pioneer Motor (in process) 2. Industrial motor 3 Phase 5 HP-20HP (in progress) and 3. Fan motor For foreign customers, increased from 2 models to 5 models (completed)
“The Company has also expanded the production capacity of Variable Speed Motors from 70 to 120 units to support the overseas market. Currently, the operation has been completed. It also increases the capacity of domestic water pump motors for domestic users. , Motors for air conditioners, BLDC motors, HVAC MOTORs and motors for electric motorcycles, which the company has studied and developed together with National Science and Technology Development Agency (NSTDA),” said Mr. Wasan.
Mr. Wasan said that in 2021, the company spent an investment of 85 million baht to increase efficiency and production capacity. which is divided into investment in a new warehouse building with an area of 3,019 square meters and an extension building to produce AC motors with an investment budget of 21.3 million baht, investing in the installation of a solar roof Adding a BLDC building with an investment budget of 8.3 million baht, including an investment of 3 automation robots and a machine to increase production efficiency, consisting of 2 capping robots, 1 spindle department picking robots and 1 Rotor Auto injection machine. Invest in additional machines in the part of AC motors, including CNC spindle lathe with grinding, vertical injection machine and Auto spindle lathe. In 2022, spend 45 million baht for the purchase of Vanish machine, coil test and cnc machine.
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