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2021-05-07
InvesTaiwan approved the additional investments of NT$3 billion by 9 SMEs under the “Action Plan for Accelerated Investment by SMEs” during the joint review meeting today (7th). The 9 SMEs are Well Shine Bio, Como Furniture Enterprises Co., Ltd., Gi Jia Corporation Limited, FGD Recycling Industrial Co., Ltd., Wei Wun Fasteners Co., Ltd., Gwo Lian Machinery Industry Co., Ltd., TMP Steel Corporation, Chi-Fa Machinery Manufacturer Co., Ltd., and Fong Den Strict Select. A total of 87 joint review meetings have been convened for the “Action Plan for Accelerated Investment by SMEs,” and investments by 566 SMEs amounting to approximately NT$239.7 billion were approved, which will create 22,191 domestic employment opportunities. At present, the three major programs for investing in Taiwan have driven 880 companies to invest approximately NT$1.2223 trillion, which is expected to create 102,291 domestic employment opportunities, and the applications of 66 companies are still pending review.
Well Shine Bio specializes in rare medicinal fungi cultivation and development technologies. Its products include Antrodia camphorata, Canavalia ensiformis, and oils. It is the world’s first company with the technology to produce chitosan from camphorates, and exports products to North America, Japan, China, and Southeast Asia. Its domestic distribution channels include 150 authorized stores, MOMO, PayEasy, and Pure17go. The company plans to invest nearly NT$200 million to build a smart factory in Yilan Science Park, so as to continue developing biotechnology products and improving the health and wellbeing of humanity. The factory will have centralized monitoring and energy conservation controls, centralized building management, multiple linked systems, and remote surveillance systems, leading the global healthcare market. The investment will create 6 domestic employment opportunities.
Como Furniture Enterprises Co., Ltd. is professional furniture designer and manufacturer, and its main products include functional office desks and chairs and meeting pods. It markets its products in 26 countries around the world under its own brand “KOPLUS,” and won the Red Dot Design Award. It also provides OEM services to well-known international brands. The company plans to increase its invest by over NT$200 million to build a factory in Lugang, Changhua, in order to maintain its global competitiveness and improve its productivity. The factory will have smart manufacturing equipment and PDM, MES, and sales forecast CRM systems, which will enable it to achieve flexible production of large variety in small quantities. The company hopes that brand development aligned with international market trends will allow its sales to reach new heights.
Gi Jia Corporation Limited specializes in the manufacturing and sales of various plastic products. The company was only recently established, but the investor has over 50 years of experience in the industry. Its main products are currently conventional LDPE and LLDPE bags, and products are mainly exported to North America. The company plans to recruit 119 domestic employees and invest nearly NT$300 million to build a factory in Southern Taiwan, in order to develop plastic products with higher added value. The factory will incorporate smart manufacturing elements, gain greater control over the shelf life of biodegradable plastic bags, and develop technology for fully degradable plastic bags, so that eco-friendly plastic bags will gradually replace conventional plastic bags.
FGD Recycling Industrial Co., Ltd. specializes in the recycling, clearance, and reuse of waste electronics, appliances, and IT products, upholding the spirit of recycling and reuse. The company works with many major electronics companies and sets fixed collection locations or regularly visits the companies to collect discarded products or scraps, so that materials can be reused, aligned with the spirit of circular economy. In response to international environmental protection trends and the government’s industry upgrade policy, the company plans to recruit 11 domestic employees and invest over NT$600 million in a new factory in Changhua Coastal Industrial Park for its “Renewable Business Department” and “Environmental Protection Business Department.”The new factory will have a smart production line for visualized and digitalized management of production, laying the foundation for sustainable development.
Wei Wun Fasteners Co., Ltd. is a local fastener manufacturer that specializes in precision fasteners for automobile, buildings, and high-tech products. Its products are highly popular among major countries in Taiwan and overseas for its excellent quality and technology. To achieve fully independent production and back-end operations, the company plans to recruit 40 domestic employees and increase its investment to build a new factory in Yenchao District, Kaohsiung City, which will have smart controller and testing equipment. The company will continue to engage in innovation and R&D to enhance its industrial competitiveness and gain an advantage in the international market.
Gwo Lian Machinery Industry Co., Ltd. is a well-known brand in metal wire drawing machinery that mainly provides “turnkey, technology transfer, smart production, technical services,” “differentiated customization plans,” and “smart wire drawing machinery” to customers in 44 countries across five continents, including the US, Italy, Spain, Japan, Turkey, Russia, Switzerland, Saudi Arabia, Brazil, Argentina, and Ghana. The company’s first investment of NT$370 million under the Action Plan for Accelerated Investment by SMEs was approved in December 2019. With consideration to smart manufacturing, product optimization, and process completeness, the company plans to recruit 17 domestic employees and invest an additional nearly NT$300 million to implement smart manufacturing technologies and digital transformation in its factory in Kaohsiung’s Benjhou Industrial Park. The company will purchase highly efficient precision equipment, and will obtain invention patents for innovative technologies and new processes. It will conduct big data analysis for automation and visualization of a part of the process, and will improve its human resources and resolve the issue of passing on techniques. The company hopes to thus become a new benchmark for smart production line equipment for wire drawing, which is rare in international markets.
TMP Steel Corporation provides integrated services from sales, processing, to delivery of reinforcing steel. It is subordinate to the Taiwan Steel Group, the third largest steel group in Taiwan and the first to use a business model featuring circular economy and environmental protection. The company’s products can be extensively applied in buildings, transportation, various machinery, and electrical appliances, and are required in public construction projects. In response to market demand, the company plans to recruit 8 domestic employees and invest nearly NT$500 million to build a warehouse, logistics center, and head office in Changhua Coastal Industrial Park. It will build the first smart reinforcing steel processing plant in Taiwan, and will improve its productivity through integrated operations and services to more quickly meet demand, becoming the 7-11 in the reinforcing steel industry.
Chi-Fa Machinery Manufacturer Co., Ltd. is a professional machining tool parts processing plant. Its main products include 5-axis machining center, 5-face machining center, bridge-type machining center, and microwave/electrical induction cooking equipment. Its sales locations are distributed in Europe, America, Australia, China, and Egypt. The US-China trade war and COVID-19 were challenges to the global supply chain. To maintain its competitive advantage through differentiation, the company plans to invest nearly NT$300 million to build a factory in Shengang, Taichung with smart production, assembly, and testing equipment. This will help the development of smart machinery in industries, increase purchase orders from around the world, and strengthen Taiwan’s ability to produce cutting-edge smart machinery. The investment will create 26 domestic employment opportunities.
Fong Den Strict Select believes that health starts with food, and entered the highly competitive pastry gift market based on the principles of “professional, natural, no additives.” Highly popular products include: Happy rice cake, jujube and walnut cake, pine nut pastry, green bean pastry, and passion fruit ice green bean cake, which have obtained countless certifications and won countless awards. To meet the needs of different markets and expand domestic and overseas sales channels, the company plans to invest over NT$50 million to build a smart flagship store in Nantun, Taichung. The store will have an office space, bakery, and display space, and will also have smart recognition, cloud management, and regular customer management systems. As the pandemic impacted the tourism industry, the company is building its capabilities and waiting for market demand to strongly bounce back, so that the world will see the Fong Den’s selected gifts.
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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