Company History

General Information

Company Name Thai Stanley Electric Public Company Limited
Name in the Stock Market STANLY
Business equipment The completely integrated business of automotive lighting manufactures and distribution
Date established Company Registered date 30 May 1980 Public Company Registered date 26 July 1993
Location 29 / 3 Moo 1 Bangpoon-Rangsit Road Banklang Muang Pathumthani 12000
CEO Mr.Kazunori Nakai (President)
Registered capital 383,125,000 Baht
Employees 2,796 person (Data as March 31, 2024)

History

Thai Stanley Electric Public Company Limited was first registered as a limited company on 30 May 1980. for manufactured, imported and distributed automotive light bulbs and lighting equipment. We were founded by a Thai-Japanese joint venture between Seng Nguan Hong (Sittipol) Company Limited (currently known as The Sittipol 1919 Company Limited) and Stanley Electric Co., Ltd. of Japan.

On 10 May 1991, we were listed on the SET, and the Company’s shares began being traded on the SET under the abbreviation ‘STANLY’. our current registered capital is Baht 383.125 million divided into 76.625 million ordinary shares at a par value of Baht 5 each, which are all issued and paid up.

Thai Stanley expanded our business to operate an integrated business, by separate plants for Research & Development Center, Dies & Mold plant , Bulb plant and Lamp plants and entering into a joint investment to establish new companies in other countries e.g. Lao P.D.R, Vietnam, Indonesia and India, including technical support to the Company in other countries too.

Member

Milestone

(1980 – 1991 Establishment and growth)

1980 May Establishment and registration of the Company in Bangkok for the purpose of manufacturing and selling automotive bulbs with and initial capital of 10 million baht Received investment promotion from The Board of Investment.
1981 April Completion of Auto Bulb plant Increased capital to 18 million baht.
1984 July Increased capital to 36 million baht. Received investment promotion from The Board of Investment to manufacture Lighting Equipment and completion of Lighting Equipment plant.
August
1987 April Increased capital to 44.5 million baht. Received investment promotion from The Board of Investment to manufacture Die & Mold plant. Increased capital to 53 million baht.
October
1998 March Investment in a new company (Asian Stanley International Co.,Ltd.)
April Completion of Die & Mold plant.
1989 November Increased capital to 153 million baht.
1990 February Received investment promotion from The Board of Investment to expanding Die & Mold plant.
July Received investment promotion from The Board of Investment to expanding Auto Bulb plant.
November Completion of new Lighting Equipment plant (Lamp1)
1991 April Increased capital to 175 million baht.
May The Company was listed in The Stock Exchange of Thailand.
June Completion of head office building.
November Received investment promotion from The Board of Investment for establishment Research & Development Center.

(1992 – 2003 The Completely Integrated Manufacturer of Automotive Lighting)

1993 July Registered transform to The Public Company Limited and increased capital to 274.5 million baht and changed name to Thai Stanley Electric Public Company Limited.
September Signed technical agreement with  Electropolymers (Private) Limited , Pakistan
October Establishment of The  Stanley Thailand Foundation registered capital 200,000 baht.
November Completion of expanding Lighting Equipment plant.
1994 September Received an award for the best organization form Ministry of Labour and Social Welfare. Participated of equity for Sum Hitechs Co.,Ltd. , Sirivit Stanley Co.,Ltd. And Lumax Industries Limited.
October
1995 May Signed Join Venture agreement of establishment of Top Hightech (Thailand) Co.,Ltd.
June Increased capital to 383.125 million baht. Received investment promotion from the Board of Investment to expanding Die & Mold plant.
September Completion of  Welfare building.
November Completion of new Lighting Equipment plant for Automobiles (Lamp2)
1996 May Signed Joint Venture agreement of establishment of Vietnam Stanley Electric Co.,Ltd. In Hanoi , Vietnam.
October Completion of new Lighting Equipment plant for Automobiles (Lamp3).
1999 January To certified quality system ISO 9002 in manufacturer of Automotive Bulb and Die & Mold.
July To certified quality system ISO 9001 in manufacturer of Die & Mold.
2000 May Completion of expansion for Automotive Bulb plant and Die & Mold plant. Signed technical assistance agreement with Unitech Machines Limited in India to produce Automotive Lighting Equipment.
2001 September QS 9000 Quality System has been acquired for Automotive Bulb and Lighting Equipment Division.
2002 September To certified environmental management ISO 14001.
2003 July Received The Best Performance Award in Industrial category on “SET AWARD 2003” from The Stock Exchange of Thailand.
October Completion of new factory in Navanakorn Industrial Estate for Plastic Injection Parts and Lighting Equipment for vehicle.

(2004 – 2014 Entrepreneurship excellence in performance and in society)

2004 May Received “The Best Performance Company of Safety , Occupational Health and Working Environment Award 2004” from Ministry of Labour  (Received  continuously until 2022)
July Received The Best Performance Award in Industrial category on “SET AWARD 2004” form The Stock Exchange of Thailand.
2005 April Received “Best Corporate in Social Security Cooperation Award” from Office of Social Security , Pathumthani Province
2006 March To certified quality system ISO/TS 16949.
July Received The Best Performance Award in Industrial category on “SET AWARD 2006” form The Stock Exchange of Thailand.
August Received the  Copper Trophy for achievement in The National Zero Accident 1,000,000 office hours without accident Campaign from Ministry of  Labour .(and received continuously until 2010)
September Received “An Outstanding Establishment in the year 2006 for achievement on Labour Relations and Welfare Relations Award” from Ministry of Labour..(and received continuously until 2022)
2007 March Completion of  Lamp 5 construction new factory for lighting equipment manufacturer for automobile.
2008 August Received The Thai Labour Standard Certified Completion Level (TLS.8001-2003) form The Department of Labour Protection and Welfare , Ministry of Labour.
2009 August Received Best Employer of Pathumthani and Best Employer of Safety in Working Place.
2010 May Received Best Employer of Pathumthani and Best Employer of Safety in Working Place.
2012 June Completion Lamp 7 construction new factory for lighting equipment manufacturer for eco car.
2013 March Received “Skill Development Promotion Award 2012 from Department of Skill Development, Ministry of  Labour.
July Received “The Best Performance Company of Safety , Occupational Health and Working Environment Award 2013” from Ministry of Labour for the 10th  consecutive year .
October Received “Waste Management by using 3Rs Award” from Department of Industrial Works.
2014 July Completed construction of PQC building, multipurpose building and engineering works.

(2015 – 2024 The manufacturer of automotive lighting to strongly maintain management)

2016 July Participated of equity for Pracharat Rak Samakkee Pathumthani (Social Enterprise ) Company Limited
2017 August The company has won the royal trophy from Her Royal Highness Princess Maha Chakri Sirindhorn as The Thailand Labour Management Excellence Award 2017 from The Department of Labor Protection and Welfare , Ministry of Labour for excellent performance
September Received Zero Accident Award 2017 (Gold)
2018 April Received Excellence Award in ASEAN – OSHNET Award from The ASEAN – OCCUPATIONAL SAFETY AND HEALTH NETWORK (ASEAN-OSHNET) at Siem Reap, Cambodia
August The Her Royal Highness Princess Maha Chakri Sirindhorn visited Thai Stanley at Head Office , Safety Dojo , RD Center and Lamp 7 plant.
2019 January Completion of Lamp 7 plant extension.
July Completion of New Die & Mold plant and R&D Center (DMT).
November Investment in share of Electropolymers (Private) Limited, Pakistan
2020 March Completion of renovation in Welfare building consisting of a cafeteria, gymnasium and education room
November Completion of new Lighting Equipment plant ( Lamp 8).
2021 December Start project “THAI STANLEY FARM” in the Pan Dee Labor Program of the Ministry of Labor.by applying the sufficiency economy principle by allocating space in the company for employees to cultivate vegetables, The produce can be consumed or sold, which can reduce the burden of living expenses and generate additional income for employees.
2024 July Received the Honorary Award Money & Banking Awards 2024 for Best Public Company of the Year 2024 in the automotive business category from the Money & Banking Journal.