Date: Nov 15, 2016
By: Kuo Chia-erh / Staff reporter
Hiwin Technologies Co (上銀科技), the nation’s leading machinery maker, yesterday said it plans to
invest between NT$4 billion and NT$5 billion (US$125.2 million and US$156.5 million) next year to expand capacity to meet rising demand.
That represents an increase of between 14 and 43 percent from this year’s NT$3.5 billion.
The money will be spent on building three new plants in Chiayi, Taichung and China’s Suzhou, company chairman Eric Chuo (卓永財) told reporters after an investors’ conference in Taipei.
A new factory in Chiayi Dapumei Precision Machinery Park (嘉義大埔美精密機械園區) is to be completed by the end of this year, while another in Taichung City Refined Mechanics Industrial Park (台中精密機械科技園區) is to start operations in the second half of next year. [FULL STORY]