CP Meiji, an overseas group company of Meiji Holdings, will build its third plant in Thailand and strengthen its production structure for milk and milk-based beverages. The investment is approximately ¥22.7 billion, with operations scheduled to begin in July 2029.
CP Meiji has announced plans to build a new plant in Wang Muang District, Saraburi Province, Thailand, in anticipation of growing demand for milk and milk-based beverages in Southeast Asia. The new plant is expected to involve an investment of approximately ¥22.7 billion, with construction scheduled to begin in November 2026 and operations targeted to start in July 2029. The plant will produce milk and milk-based beverages, expanding the supply structure for the local market.
The new plant is expected to increase production capacity and strengthen the supply network to Thailand and neighboring countries. CP Meiji holds a strong market share in Thailand, Singapore and Hong Kong, with sales reaching approximately ¥72.5 billion through fiscal 2025. The company has set a target of expanding sales in Thailand in 2030 to approximately 130% of fiscal 2025 levels.