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2020-07-24
InvesTaiwan today (24) held a joint review meeting for the “Action Plan for Accelerated Investment by SMEs” and approved the additional investments of 10 SMEs in the amount of NT$3.1 billion, including Ching Luen Chan Industry Co., Ltd., Dingfeng Materials Co., Ltd., Lan Chyi Technologies Co., Ltd., Chuan Da Technology Co., Ltd., HYE Technology Co., Ltd., Guan Nan Biotechnology Co., Ltd., Shan Feng Foods Industrial Co., Ltd., Shengxian International Co., Ltd., Cheng Hong Glass Co., Ltd., and Freudenberg Far Eastern Spunweb Co., Ltd. A total of 49 joint review meetings have been convened for the “Action Plan for Accelerated Investment by SMEs,” and investments by 304 SMEs amounting to approximately NT$126.1 billion were approved, which will create 12,067 domestic employment opportunities. At present, the three major programs for investing in Taiwan have driven 577 companies to invest approximately NT$1.0632 trillion, which is expected to create 88,466 domestic employment opportunities, and the applications of 57 companies are still pending review.
Ching Luen Chan Industry Co., Ltd. specializes in metal surface finishing and has been in the electroplating industry for over 50 years. Its main products include fasteners, sports equipment, household hardware, and bicycles parts, and automobile and scooter materials. The company began transitioning to smart manufacturing to eliminate the stereotype of traditional industries, and manufactures a wide variety of products in small quantities in response to the rapidly changing market demand. The company plans to invest NT$200 million to build an automated process, pollution prevention facilities, and smart control system in its factory in Changhua Coastal Industrial Park, in order to comply with the growingly strict environmental protection regulations and prevent emissions and wastewater generated by the production process from harming the environment again. The company will continue pursue excellent product quality and enhance its industrial competitiveness. This investment will create 10 domestic employment opportunities.
Dingfeng Materials Co., Ltd. provides aluminum extrusion products and customized coating services to the curtain industry. It has core technologies such as the “three coating two baking coating” process, and is able to diversify products in response to market demand. To build a production base in southern Taiwan, drive local development, and create a metal curtain industrial cluster, the company plans to recruit 60 domestic talents and invest over NT$600 million to construct a plant in Kaohsiung’s Ho Fa Industrial Park, installing production equipment, utilizing AI technologies to establish a baking finish laboratory, and improving eco-friendly, weather-resistant FEVE and PVDF technologies. This shows the Company’s determination to continue developing Taiwan’s curtain industry.
Lan Chyi Technologies Co., Ltd. is a professional freezer board and partition board manufacturer. Its long-term customers include IKEA, McDonald, Carrefour, Taiwan Distribution Center Co., Ltd., and Uni-President Cold-chain Corp. The company’s long-term development is limited by current plants reaching capacity, so it plans to invest over NT$300 million to build a new plant in Taichung Harbor Related Industrial Park, implement smart cloud management, and establish a product database. This is in-line with the trend of energy conservation and carbon reduction, as well as the rapid development of eco-friendly refrigerants and key basic materials. The company obtains information on new energy technologies from suppliers through the cloud, which is a new breakthrough in the independent production of high-end cold-chain freezer boards. This investment will create 8 domestic employment opportunities.
Chuan Da Technology Co., Ltd. mainly engages in CNC milling machine processing of mechanical transmission parts, such as sliding blocks and nuts. Key components can be used in the semiconductor, machinery, healthcare, green energy, robot, and machine tool industries. Due to the rapid growth of the automated equipment market, in which transmission parts are indispensable in the automated supply chain, the company plans to recruit 25 domestic employees, invest over NT$100 million in the development of precision mechanical equipment and automated equipment, and establish a digitalized plant in Taichung Dali to expand its market share in the transmission product market. The company will develop a MES to provide better products that will drive industrial development.
HYE Technology Co., Ltd. was founded in 2014 and its main product is automated production machines for the semiconductor and optoelectronic industries. The company’s R&D team has professional technologies and complete experience in the development of semiconductor and optoelectronics equipment accumulated over the past decade, including image processing technologies, visual guidance and alignment technologies, high speed positioning and measuring equipment, and visual inspection modules. Combined with technical services, including automated system development and improvement plans, provided to the semiconductor and optoelectronic industries in the past five years, the company has highly independent R&D capabilities, for which it has gained the recognition of major domestic customers, such as ASE, Innolux, and SPIL. The company’s existing plants have already reached capacity, and the company gained approval to enter the Kaohsiung Science Park branch of the Southern Taiwan Science Park in 2019, where it will integrate its upstream and downstream supply chain and develop an industrial cluster. The company plans to invest nearly NT$200 million in the construction of an R&D and operations headquarters this year, and will also install smart production equipment in response to future purchase order growth, in hopes of becoming the domestic leader in industrial transformation solutions. This investment will create 20 domestic employment opportunities.
Guan Nan Biotechnology Co., Ltd. is a domestic manufacturer of frozen fruits, and obtained the ISO22000:20005 and HACCP certifications; SGS conducts product inspections. The company purchases fresh fruit from domestic farmers based on their contract, and uses rapid freezing technology to process and preserve the excellent quality fruits. The fruits are delivered in -18°C to preserve their fresh natural flavor, and the company has thus gained the recognition and support of major tea shop chains and restaurants. Its products are also exported to Japan, China, and the United States. To establish a modernized cold chain storage system and develop diverse fruit processing technologies, the company plans to recruit 25 domestic employees and invest over NT$300 million in a smart production process in its Tainan Madou Plant, striving to innovate food supply technologies and expand from Taiwan into the global food market.
Shan Feng Foods Industrial Co., Ltd. has manufactured dried noodles for 40 years, and created the brand “Shanfeng.” Its noodles, organic noodles, and baby noodles are highly popular among Taiwanese people, and are even more popular in Europe, America, China, New Zealand, and Australia. The company plans to recruit 95 domestic employees and invest over NT$300 million to expand its plant in Changhua Coastal Industrial Park, in order to develop new products, such as: food products suitable for diabetes patients and the elderly, and also establish a smart production system. The company manufactures dried noodles using physical processes and does not add any artificial chemicals. To create an eco-friendly plant, the company installed solar panels on the roof and an energy recycling system inside the plant to collect waste heat. The company also implemented AI quality inspections for real-time monitoring of production operations, so as to achieve transformation and upgrade and market MIT products around the world.
Shengxian International Co., Ltd. specializes in plastic injection molding, model design and development, and parts and components installation. It mainly receives purchase orders from domestic hand tools and horticulture companies, and has used the ODM model for global market over the years. Its end products can be found in the United States Canada, the United Kingdom, Poland, Finland, and Russia. To develop its own brand and align its products with the global trend to cut plastic use, the company plans to invest over NT$100 million to build a new plant in Taichung Dali, which will manufacture biodegradable plastic products, such as tableware and paper cups. The company will also work together with domestic companies in developing upstream green materials, in hopes of giving consideration to both convenience in daily life and environmental sustainability. The investment aims to strengthen the company’s constitution, break through dilemmas of the OEM model, and enhance Taiwan’s manufacturing capabilities, and will create 18 domestic employment opportunities.
Cheng Hong Glass Co., Ltd. specializes in glass product manufacturing and processing, which can be used to produce construction materials, furniture, the glass on LCD monitors, and energy-saving glass. The company was a contractor for numerous major projects, such as the floral expo exhibition halls, Eda Theme Park, World Expo in Hsinchu, Lihpao Resort, and Danhai Light Rail. In recent years, the company has been promoting ultra-clear patterned glass required for solar power, and LOW-E glass used in construction projects, in order to support the government’s energy conservation and carbon reduction policy. The company has thus gained a good reputation in the industry. The company’s old plant is unable to accommodate an integrated process for completing glass products, so it plans to invest over NT$200 million to establish a new plant in Taichung Wufeng, purchase smart equipment, increase its production capacity, and increase sales. The investment will also contribute to energy transition and green construction materials, and will create 25 domestic work opportunities.
Freudenberg Far Eastern Spunweb Co., Ltd. mainly uses recycled PET bottles to produce long-fiber polyester spunbond non-woven fabric, which is a certified eco-friendly product that is extensively applied in filters, shoes, popular packaging materials, and geotextiles. The company leads the square carpet and automotive carpet industry, and exports to China, Japan, South Korea, New Zealand, Australia, ASEAN, and India. In response to changes in the Asia-Pacific market and to increase its production lines and supply chain, the company plans to recruit 24 domestic talents, and will invest over NT$600 million to install state-of-the-art technologies, smart processes, and robotic arms in its Taoyuan Dayuan Plant, in order to reduce production loss, enhance its competitiveness, and promote circular economy.
Spokesperson of InvesTaiwan: Acting COO He Kun-Sung
Telephone: 02-2311-2031 Ext.: 808
Mobile Phone: 0966-533-987
Email: ksho@moea.gov.tw
Source: Department of Investment Services, MOEA
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