Mazda to build transmission factory in Thailand

TOKYO Wed Jan 30, 2013 1:16am EST

TOKYO Jan 30 (Reuters) - Japan's Mazda Motor Corp said on Wednesday it will spend about 26 billion yen ($286.8 million) to build a transmission factory in Thailand.

The automaker said in a statement it plans to start production at the plan in the first half of financial year beginning in April 2015, with an annual production capacity of 400,000 units. ($1 = 90.6500 Japanese yen) (Reporting by Taiga Uranaka; Editing by Shinichi Saoshiro)