TOTAL NOW 123: A vending machines maker, a metal treatment firm, a maker of routing tools and a maker of adjustable wrenches are some of the firms to invest

Taipei Times
Date: Sep 02, 2019
By: Natasha Li  /  Staff reporter

The Ministry of Economic Affairs on Friday approved another six small and medium-sized enterprises (SME) joining a government program aimed at encouraging investment in Taiwan.

Vending machines manufacturer Gold Rain Enterprises Corp (金雨企業), which supplies companies including Uni-President Enterprises Corp (統一企業), Hey Song Corp (黑松) and US slot machine maker International Game Technology (IGT), plans to invest more than NT$300 million (US$9.55 million) by adding a smart production line at its existing plant in Changhua County and setting up a research and development center in Taichung.

Proxene Tools Co (伯鑫工具), which specializes in adjustable wrenches for industrial and professional use, plans to invest more than NT$800 million by establishing a new smart production plant in Taichung’s Shengang District (神岡) to meet market demand and improve production efficiency.    [FULL  STORY]