2021-08-20
InvesTaiwan approved the additional investment of NT$2.6 billion by 7 SMEs, including Unilite Inc., Redstone Chemical Corp., Watai Industrial Co., Ltd., Coil Technology Corp., Nuvo Enterprise Co., Ltd., Windmill Publishing Co., Ltd., and Hai Sheng Cold Storage Co., Ltd., under the Action Plan for Accelerated Investment by SMEs during the joint review meeting today (20th). A total of 100 joint review meetings have been convened for the “Action Plan for Accelerated Investment by SMEs,” and investments by 643 SMEs amounting to approximately NT$269.1 billion were approved, which will create 24,942 domestic employment opportunities. At present, the three major programs for investing in Taiwan have driven 973 companies to invest approximately NT$1.3036 trillion, which is expected to create 109,310 domestic employment opportunities, and the applications of 49 companies are still pending review.
Unilite Inc. is mainly formed by the lightweight aggregate R&D team of National Chung Hsing University. When the company was first established, it mainly generated revenue by producing high value energy-efficient, seismic-resistant green building materials from waste. The company made a breakthrough in conventional technologies and was the first to use reservoir sludge and industrial sludge to produce high performance lightweight aggregate in response to the government policy of circular economy. The company plans to hire 67 domestic employees and invest over NT$400 million to build a lightweight aggregate plant in Longjing District, Taichung City for its production operations.The plant will implement smart manufacturing elements, such as temperature monitoring, surveillance system, and protection devices. The company is also actively investing in green economy to create real benefits for the country and ecological environment.
Redstone Chemical Corp. is a cosmetics manufacturer that mainly provides ODM, OEM, and OBM services for cosmetics and skin care products. It provides a wide variety of facial and body care products, such as soap, essential oils, hand cream, and baby lotion, which are sold to Europe, America, Japan, Brazil, and China. The company plans to recruit numerous domestic employees and invest nearly NT$400 million to build a plant that complies with GMP in Douliou, Yunlin County, in order to continue making breakthroughs in its sales performance.The plant will have automated production lines, a plant monitoring system, and smart warehouse, allowing the company to achieve effective real-time monitoring and information-based management. The company aims to make the cosmetics industry smarter and continue to drive the industry towards higher quality.
Watai Industrial Co., Ltd. is a manufacturer of professional fasteners, and has developed a large number of customized fasteners for industries. Its main products include hex bolts, hex flange bolts, and special bolts for the construction, transportation, solar power, and machinery industries. Its products are mainly exported to customers in North America, Europe, and Japan. To achieve industry upgrade and transformation and develop smart factories, the company plans to recruit 10 domestic employees and will invest an additional NT$100 million to build a plant in Luzhu District, Kaohsiung.The company will use smart machinery and implement IoT functions to increase uptime and production efficiency, and continue to provide customers around the world with high quality products.
Coil Technology Corp. focuses on the production and sales of power converters, and its products are extensively used in the electronics and electrical industry, such as computer interface cards, automatic control instruments, medical power systems, transportation control systems, and satellite control systems.Its products are sold in Germany, the US, the UK, Singapore, Thailand, and Japan. Electric vehicles are the future of transportation, so the company plans to recruit 70 domestic employees for the electric vehicle power supply market, and will invest over NT$300 million in its current Fengshan Plant and Daliao Plant in Kaohsiung.The company will establish a smart high performance production line that meets electric vehicle regulations, in order to meet customers’ demand on high quality and stable delivery, and achieve the company’s long-term business strategy.
Nuvo Enterprise Co., Ltd. focuses on the R&D and manufacturing of bicycle parts and accessories using its wealth of manufacturing experience, overall product planning, and excellent R&D team.The company’s products include bicycle bell, parking stand, water bottle holder, and electric bicycle parts and accessories, which are sold to countries in Europe, America, and Asia under its own brand “n+1”. The pandemic has driven rapid growth of the bicycle market.In response to this market demand, the company plans to recruit 30 domestic employees and invest nearly NT$500 million to build a plant in Fuxing Township, Changhua.The company will install smart plastic injection, CNC processing production line, and coating line, implement a R&D moldflow analysis module and fully automatic product image recognition equipment, and strives be recognized by major bicycle brands around the world as an excellent parts supplier.
Windmill Publishing Co., Ltd. is a children’s books publisher, agent, and issuer, including audio books, interactive books, toy books, teaching tools, and illustrated books.It collaborated with the children’s brand Foodman in marketing in Taiwan, Hong Kong, China, and Southeast Asia in recent years, and has become highly popular among both adults and children. The company has expanded its operations and its business has grown steadily. Hence, the company plans to invest nearly NT$400 million to build a flagship bookstore in Xizhi District, New Taipei City.In the future, the company will move its online shopping procedures to the new building, and will digitalize its workflow through POS machines, POS system, and ERP integration system.The company aims to broaden the scope of videos and books for children, and enrich the reading environment for children. The investment will also create 5 domestic employment opportunities.
Hai Sheng Cold Storage Co., Ltd. started out as an ice maker, and later transitioned to conventional freezer rental and cold chain logistics and storage.The company plans to invest nearly NT$500 million to build a smart warehouse for cold chain logistics in support of the government’s “Qianzhen Fishing Harbor Construction Project,” in order to revitalize Kaohsiung’s Qianzhen Fishing Harbor and make it a place for tourism, culture, and sustainable development of local fisheries.The company will use AI technology to accelerate the speed of shipments, and allow aquatic and meat product merchants standardize the import and export process for product traceability.The company supports IoT distribution and 24-hour operations to meet customers’ operational requirements, which increases the potential value of cross-industry alliances. The investment will create 6 domestic employment opportunities.
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 Services, MOEA
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