Bakery expands, Tokyu eyes Si Racha

Mr Ogata, centre left, and Mr Vorayos, centre right, sign a memorandum of understanding to explore the feasibility of future development projects in Si Racha, Chon Buri.

SET-listed President Bakery, a producer and distributor of bakery products under the Farmhouse brand, plans to spend about 5 billion baht on investment over three years.

Of the investment budget, 2 billion baht is allocated to build a new production facility at its Lat Krabang plant. The project is targeted for completion in 2028, said managing director Apisate Thammanomai.