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2024-06-21
InvesTaiwan today (21st) approved the additional investment of 4 SMEs in Taiwan, including AECA, RacingBros, HPC Auto Technology, and Saint Paul. To date, the Three Major Programs for Investing in Taiwan have attracted over NT$2.2963 trillion in investments from 1,503 companies, and are expected to create 152,556 domestic employment opportunities. Of which, the Action Plan for Accelerated Investment by SMEs has attracted approximately NT$474.2 billion in investments from 1,002 SMEs, creating 36,642 domestic employment opportunities; applications from 15 companies are still pending review.
AECA mainly produces high-end precision machinery, automotive machinery, and medical and construction hardware. It has obtained IATF16949 (automotive industry quality management system) and ISO13485 (medical device quality management system standard) certification, providing casting, forging, stamping, high-precision CNC machining, and plastic injection services. It is a comprehensive custom parts manufacturer. The company plans to recruit 12 domestic employees and invest NT$140 million to add smart production lines at its Dali plant in Taichung, using IoT technology and MES systems to reduce human error and improve manufacturing quality, so as to maintain product competitiveness. In the future, smart meters will be installed in the plant to monitor energy usage, and electrostatic oil mist collector will be installed on machinery and equipment to facilitate recycling and reuse, gradually implementing energy conservation and carbon reduction.
RacingBros specializes in the design and development of shock absorbers. It is internationally renowned for its own brand RacingBros, and actively participates in domestic and overseas competitions. For example, a famous American driver won the Las Vegas desert race using RacingBros shock absorbers in 2019, demonstrating the maturity and durability of its shock absorber products. In addition, the company also cooperated with WPS, the largest motor vehicle dealer in the United States, and entered the Harley motorcycle product line, which is an important milestone in expanding the foreign heavy motorcycle market. The company plans to recruit 10 domestic employees and invest NT$300 million to build a new plant in Houli District, Taichung in response to the purchase orders. The company will install collaborative robots and computer server control equipment to improve production efficiency and expand production capacity. In addition, it will reduce product packaging materials, use electronic manuals and warranty cards, and install rooftop solar power generation facilities on the rooftop of its new plant, in hopes of reducing energy consumption and contributing to environmental protection.
HPC Auto Technology Co., Ltd. is a manufacturer that specializes in the ignition system of electronic parts in car engines. Its products are exported to dozens of countries in the United States, Central and South America, and Europe for use in the after market. The company plans to recruit 30 domestic employees and invest NT$350 million to build a new plant in Shetou Township, Changhua to continue developing safe, green, and high performance products. The new plant will integrate automated equipment and smart management and production systems to achieve smart production and quality inspection, optimizing the production process and improving productivity and quality. The new factory will be planned as a green building, using green building materials and setting up rainwater storage and detention facilities, in order to become aligned with the environmental protection trend of net-zero emissions.
Saint Paul has been deeply involved in the baking market for more than 30 years, and aims to produce low-sugar, low-fat, and healthy pastries and breads. All products are made from local ingredients in Taiwan, presenting the fresh flavor of local ingredients. The company is committed to R&D and innovation activities. The Chinese pastry Saint Paul's Q cake that it developed won the gold medal among the top ten souvenirs in the country, becoming the pride of Chiayi. To break through the limits of its production capacity and achieve continued growth, the company plans to build an energy conservation and carbon reduction smart manufacturing plant that is a green building in the West District of Chiayi City, combining smart production, cultural tourism, and sustainable environmental protection. It will establish automated production processes to improve production efficiency and rapidly respond to the market’s diverse needs. The expected investment amount is approximately NT$900 million and which will create 71 domestic employment opportunities in Chiayi.
Spokesperson of InvesTaiwan: Acting COO Chen Ming-Chu
Telephone: 02-2311-2031 Ext. 802
Mobile Phone: 0938-637-901
Email: nicole@invest.org.tw
Source: Department of Investment Promotion, MOEA
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