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2020-11-20
InvesTaiwan today (20th) approved the additional investments of over NT$4.2 billion by 7 companies, including Ocean Technologies Co., Ltd., Shunli Metal Industry Co., Ltd., Shuang Yeh Foods Co., Ltd., Wolf Dataware, Greenfiltec Ltd., and Lanyang Longder under the Action Plan for Accelerated Investment by SMEs, and Sander Electronics under the Action Plan for Accelerated Investment by Domestic Corporations. At present, the three major programs for investing in Taiwan have attracted over NT$1.143 trillion in investments from 724 companies, and are expected to create 95,814 domestic employment opportunities, in which the Action Plan for Accelerated Investment by SMEs has attracted approximately NT$182.7 billion in investments from 429 SMEs and created 17,704 domestic employment opportunities; the Action Plan for Accelerated Investment by Domestic Corporations has attracted approximately NT$171.7 billion in investments from 90 domestic corporates and created 12,870 employment opportunities. The applications of 40 companies are currently pending review.
Ocean Technologies Co., Ltd. is mainly in the business of drilling EDM and EDM, which are supplied to the aerospace, healthcare, cutting tools, and automobile industries. It markets its products under the brand “Ocean” to Europe, the US, and Japan. It also engages in industry-academia collaboration with National Yunlin University of Science & Technology, and combined micro-nano bubble production technology with ozone in sterilized water equipment, as well as with hydrogen in hydrogen water/hydrogen equipment, expanding current technologies to the field of epidemic prevention. It provided high precision drilling EDMs to melt blown nonwoven mold manufacturers. The company will recruit 24 domestic employees to continue developing advanced machines for the biomedical and aerospace fields, and will invest over NT$300 million to build a plant in Changhua Erlin Park, utilizing smart digital management to enhance its manufacturing capabilities, seize international business opportunities, and show Taiwan’s manufacturing capabilities to the world.
Shunli Metal Industry Co., Ltd. specializes in the production of castings, and products include pots and pans, water pumps, vehicle brake rotor, elliptical trainers, motors, and pumps, which are extensively applied in daily necessities and industry. The traditional 3K industries are often considered to be sunset industries, and transformed into the high quality 3C industries for sustainable development. The company plans to invest over NT$400 million to build a new plant in Sanyi, Miaoli, use automated production equipment, lower the operational risks of personnel, and meet the demand on greater diversity and lower quantity, customized, and refined products. This will increase the added value of its products and allow it to navigate out of the red ocean, further developing its core technologies while looking towards the future. This investment will create 7 domestic employment opportunities.
Shuang Yeh Foods Co., Ltd. is in the business of producing and selling ice products, and its most popular products include “A-Chino” popsicles, microwaved ice, and Frappe, which was jointly produced with FamilyMart. The company believes in protecting customers, and strictly abides by health regulations from raw materials, de-aeration, sealing, to heating and sterilization, for which it has obtained numerous international food certifications, and has successfully marketed its products in China, the US, Malaysia, South Korea, and Japan. The company has currently reached capacity and cannot continue to develop new products. The company plans to recruit 18 domestic employees in response to business growth, and will expand its investment by nearly NT$700 million to build a smart plant and low temperature warehouse and distribution center in Xinwu, Taoyuan, using energy efficient equipment and monitoring system in hopes of domestic and overseas consumers with safe and cool treats.
Wolf Dataware is a software service company that collects, integrates, and analyzes data in the field of cell therapy. Taiwan is among few countries capable of performing cell therapy, and the company hopes to focus on stem cell therapy using this advantage. The company plans to recruit a team of domestic biomedical talent, and will expand its investment by over NT$300 million to build a cell factory in Zhubei, Hsinchu. The factory has a GTP laboratory and uses a smart cultivation model and monitoring system to establish a production line for cell therapy preparations. The company also uses its advantages in smart software to link together the industrial chain for product marketing, hoping to become the benchmark for reforming Taiwan’s biotechnology industry.
Greenfiltec Ltd. has leading air filter technology and provides customers in the semiconductor and panel industries with the best AMC prevention and control plans. The company strives to develop modulized chemical filter applications and design frame filters. To expand the global market and continue to develop new high performance filter materials, the company plans to recruit 104 domestic employees, and will invest over NT$400 million to build a new plant in Tainan Science Park. The new plant will use a smart filter fabric and filter assembly and manufacturing process, and develop a mobile AMC filtration equipment. It will also be able to monitor pollution in real-time and use regeneration technology to make AMC filter materials reusable. This will significantly reduce the expenses of users and jointly achieve a circular economy.
Lanyang Longder is a dealer of the German luxury car brand BMW, and was authorized by the general agent in Taiwan to establish a new location in Yilan. The company plans to invest over NT$200 million to build a smart workshop in Wujie Township, Yilan with a smart workshop management system, which will accelerate and optimize incoming process. The workshop will be combined with a service platform that optimizes and automatically uses data to intelligently provide customers with individual maintenance and repair recommendations. Furthermore, the company will also establish a smart showroom in Luodong Township, Yilan, and use smart functions to make it more convenient to view cars and improve brand favorability, which will further attract potential luxury car customers in Hualien and Taitung, while creating more employment opportunities in Taiwan.
Sander Electronics has focused on the manufacturing of LED for over 30 years, and mainly exports to the US, where it has maintained long-term partnerships with Cree, WANCO, D3, WATCHFIRE, and LTG Group. The company focuses on high profit margin markets such as in-automotive display, virtual reality, (VR), and gaming products, which have great room for growth. In response to the business opportunities for LEDs in Taiwan and Southeast Asia in recent years, Sander Electronics plans to invest over NT$1.7 billion to establish a new plant and automated production line in Yilan Science Park. This investment will create 112 domestic employment opportunities for the Lanyang Plains. The new plant will mainly produce LEDs for medical purposes, and use it as the basis for subsequent development of medical and phototherapy technologies, while increasing the local content rate and completeness of the optoelectronic industry’s supply chain.
Spokesperson of InvesTaiwan: Acting COO He Kun-Sung
Telephone: 02-2311-2031 Ext.: 808
Mobile Phone: 0966-533-987
E-mail: ksho@moea.gov.tw
Source: Department of Investment Services, MOEA
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