Tsang Yow to invest NT$200m in China

MASS PRODUCTION:The investment in laser-welding processes will help the firm handle more orders from a Belgium-based client, an unnamed Tsang Yow official said

Taipei Times
Date: Feb 28, 2017
By: Kuo Chia-erh / Staff reporter

Auto parts supplier Tsang Yow Industrial Co (倉佑實業) yesterday said it plans to invest about NT$200 million (US$6.53 million) on capacity expansion in China this year in a bid to increase its presence in the nation’s automatic transmission market.

The company, which makes automotive powertrain components for global brands, is to add several laser-welding production lines at its subsidiary in Wuxi, China.

“Some laser-welding lines are to enter mass production by the end of next month,” a Tsang Yow official said by telephone yesterday.

The official, who declined to be named, said the investment in laser-welding processes will help the company handle more orders for continuously variable transmissio    [FULL  STORY]

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