SEMINAR:
A Role for Thailand in Your China +1 Strategy?
A Role for Thailand in Your China +1 Strategy
About The SEMINAR
Meet Senior Thailand Government Officials who will Outline Thailand’s Investment Opportunities.
Thursday, April 11, 2024
Registration: 8AM CDT
Conference: 8:30AM – 10:30AM CDT
Event Location:
777 East Wisconsin Avenue, Milwaukee, WI, 53202-5306
HOSTED BY:
East West Associates
Foley & Lardner
Thailand Board of Investment
Manufacturing & Supply Chain Seminar Roundtable Discussion with Senior Executives
Who Should Attend?
Executives of U.S. manufacturing companies:
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- Who face manufacturing, contract manufacturing or sourcing challenges in China
- Are expanding Asian Supply Chain & Manufacturing to better serve European and U.S. markets
- That include Automotive; Electronics; Industrial; Medical devices & Medical technology; Automated manufacturing systems; companies in the Bio-Circular-Green (BCG) Economy
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Why Companies Like Yours Are Attending
U.S. companies with China manufacturing or sourcing are diversifying beyond China. Thailand is becoming the country of choice for many of them. This roundtable discussion will provide you with useful information to understand why companies look to Thailand as part of their global manufacturing & supply chain strategy.
A Role for Thailand in Your China +1 Strategy
Speakers
Welcoming Partner and Seminar Moderator
DAVID SIMON | Partner, Washington, D.C./Milwaukee
- Welcoming Foley & Lardner Partner
Alex Bryant | President, East West Associates
- Moderator
Roundtable Speakers
Nanthapol Sudbanthad | Director, Thailand BOI New York Office
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The Thai Board of Investment [BOI] is the governmental agency responsible for direction, oversight and approval of foreign investment incentives to locate to Thailand.
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Vanessa Miller | Partner, Foley & Lardner Detroit Office
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- The international law firm of Foley & Lardner is a preeminent law firm that stands at the nexus of the Manufacturing, Energy, Health Care & Life Sciences, and Innovative Technology Sectors. Foley’s 1,100 lawyers across 25 offices worldwide partner on the full range of engagements, from corporate counsel to intellectual property work and litigation support, providing clients with a one-team solution to all their needs.
Mark Plum | Director, East West Associates
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- East West Associates (EWA) and the Thai BOI have worked together for a number of years. EWA supports U.S. companies with evaluating Thailand and other attractive countries and establishing operations and sourcing capabilities in those countries.
John Turlais | Of Counsel, Foley & Lardner Milwaukee Office
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- The international law firm of Foley & Lardner is a preeminent law firm that stands at the nexus of the Manufacturing, Energy, Health Care & Life Sciences, and Innovative Technology Sectors. Foley’s 1,100 lawyers across 25 offices worldwide partner on the full range of engagements, from corporate counsel to intellectual property work and litigation support, providing clients with a one-team solution to all their needs.
Webinar agenda
- Brief Introduction and description of each speaker’s firm.
- Summary of current state of China and the China +1 Strategy, and its global effects on US-based companies.
- Current state of Thailand. Thai BOI will discuss the business environment in Thailand, their Target Industries rationale, and Thailand’s foreign company incentives.
- Case Study of Wisconsin-based company who established a Thailand manufacturing operation and received 29M USD of financial investment incentives.
- Extensive Q&A.
Speakers will aslo answer registrants’ questions, including:
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- How does the current situation in China affect western companies? What are specific challenges companies face in addition to U.S./China tariffs?
- What are the effects of current conditions on companies that produce in China and sell the majority of their products within China? Conversely, what are the effects on companies that produce in China and export the majority of their products outside of China?
- What strategies are companies employing to address the current China situation? How have these strategies affected countries in Southeast Asia?
- Some companies may wish to relocate or establish a facility outside of China but continue to source their products (or components) from China (example: electronic manufacturers). How does the concept of local content/local certificate of origin affect these companies?
- How do China’s and Thailand’s costs compare? Skilled labor costs? Labor availability? Corporate Income Tax? Land costs? Land availability? Utility costs? Inflation? Lease rates? Building costs?
- Could you talk about site selection factors in Thailand? Land; build to suit; lease existing facility, etc. Does Thailand allow for 100% ownership by U.S. companies (including land)?
- If a company leaves China, what are the challenges of closing their China manufacturing plant? What are closure considerations like severance and personnel? How does a company protect Intellectual property (IP) and physical property? What about relationships with customers, vendors, Labor Bureau, PSB, et. al.? Disposition of equipment? Duties on equipment relocated out of China?
- What financial & operational incentives does the Thailand government provide U.S. companies to establish operations on leased or owned land?
A Role for Thailand in Your China +1 Strategy
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