2024-10-25
InvesTaiwan today (25th) approved additional investments in Taiwan by four small and medium-sized enterprises (SMEs), including Excellent Gear Technology Co., Ltd., Wei Sheng Aluminium Industrial Co., Ltd., a filter material company, and Tsan Yu Yen Food Co., Ltd. To date, the Three Major Programs for Investing in Taiwan have attracted over NT$2.3625 trillion in investments from 1,559 companies, and are expected to create 154,503 domestic employment opportunities. Of which, the Action Plan for Accelerated Investment by SMEs has attracted approximately NT$497 billion in investments from 1,048 SMEs, creating 37,697 domestic employment opportunities; applications from 26 companies are still pending review.
Wei Sheng Aluminium Industrial Co., Ltd. specializes in the design, processing, production, and sales of extruded aluminum products. The company's products are widely used as building materials and in industry and optoelectronics. The company not only has numerous patented technologies, but also ISO9001 certification and the CNS Mark. Wei Sheng Aluminium Industrial will invest nearly NT$300 million in Xinshi Industrial Park in Tainan City to build a new plant and expand existing facilities. Its aluminum extrusion process and aluminum bar extruder have the following smart technology elements and functions: “Internet of Things (IoT), visualized abnormality monitoring or production data, and automatic parameter setting.” This will not only improve product quality and yield, but also meet customers’ customization needs. In addition, solar panels and a rainwater harvesting system will be installed on the rooftop of the new plant for energy conservation and carbon reduction. The plant will be built with green building materials to reduce resource consumption and contribute to environmental protection.
Excellent Gear Technology Co., Ltd. designs and manufactures high-precision gears and gear sets. The company has advanced hobbing and gear grinding manufacturing technologies, and continues to introduce high-end equipment to improve product quality. Its main products are widely used in machine tools, the automobile industry, and the aerospace industry. Excellent Gear Technology will invest NT$100 million in Shengang District, Taichung City to introduce advanced CNC gear hobbing machines, robotic arms, and hob sharpening machines for its digital transformation. The company will utilize data analysis and intelligent monitoring technology to monitor the status of gear operations, lower the failure rate, and extend equipment life. The company has installed solar PV equipment and added smart meters in its plant to develop green intelligence and net-zero operations. It is using IoT technology to monitor power consumption, which allows it to accurately determine the cost of its electricity consumption and also gradually work towards energy conservation and carbon reduction goals.
The filter material company is committed to providing professional water purification and filtration solutions, which are widely used in healthcare, biotechnology labs, central kitchens, high-end home appliances, kitchens and bathrooms, and public health. The company currently sells products in more than 60 countries around the world, and has obtained numerous international certifications, such as ISO9001, ISO13485, and ISO14064-1.It won the ESG Sustainability Excellence Award and the MVP Award in the 10th D&B Top1000 Elite SME Award. The company will invest NT$600 million to establish a plant in Qiaotou Science Park in Kaohsiung, in order to respond to the rapid growth of market demand and the volatile business environment. It will also purchase additional production automation equipment and use data analysis and automation technology to realize the visualization and improvement of the production process. This investment also includes a number of energy conservation and carbon reduction measures, including the installation of solar PV equipment, and the development and promotion of sterile water filtration solutions, to reduce the energy consumption and environmental impact of production and operations, and comprehensively improve the company's green productivity. The company aims to thereby achieve sustainable development, active response to future market needs, and emphasis on technological innovation.
Tsan Yu Yen Food Co., Ltd. specializes in the production of frozen food and bakery products based on the design concept of real ingredients, healthy and delicious food. The company is committed to providing high-quality food products to the general public. The company has not only won numerous awards, including the Senior-Friendly Food Award and Taiwan-Japan Excellent Entrepreneur Award, but is also working with many well-known retailers, such as 99 Ranch Market and Hmart in the United States, Kuo Hua Trading in Canada, YesNatura in Singapore, and PARKnSHOP Supermarket in Hong Kong. The company will invest over NT$100 million to expand the third floor of its plant in Dajia District, Taichung City, and will purchase advanced smart production equipment and invest in energy-saving and carbon-reduction facilities, including tunnel oven, fully automated high-speed aligning machine, energy-efficient freezers, and smart meters, in order to drive the transition of traditional industries to become smarter and reduce carbon emissions. The investment will improve the company’s productivity and efficiency, and strengthen its green image and social responsibility, ensuring that every batch of products meets the strictest food safety standards, while providing more innovative and high-quality products for domestic and overseas markets.
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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