31 Mar, 2020 Huei Tyng

The Taiwan Office of the Ministry of Economic Affairs invested more than 3.4 billion New Taiwan Dollar through four companies today to increase production capacity and reduce overall risk in Taiwan, including four Taiwanese companies: Dongshuo Information, Shengming Electronics, Juming Companies and Hui Tyng Enterprises.

At present, the "Three Major Plans for Investing in Taiwan" has led 410 companies to invest about 925.2 billion New Taiwan Dollar, creating 76,906 local employment opportunities. Among them, 178 Taiwanese companies invested about 725 billion New Taiwan Dollar in return, bringing about 60,049 jobs; 56 locally-sourced Taiwanese companies invested about 118.8 billion New Taiwan Dollar, which could create 9,373 domestic employment opportunities, and 66 companies are still waiting in line.

Huei Tyng, which has been in Taiwan for more than 30 years, is a Government Authorized Economic Operator, and also the only professional manufacturer of home storage products with a complete production line in Taiwan. It has swept over 100 countries on 6 continents with 'Made in Taiwan' high quality, and has served Costco, Walmart, B & Q, Nitori, and Homeplus. The U.S.-China trade disputes have also created turnaround opportunities for the household goods industry. In order to increase competitiveness and obtain more orders, Huei Tyng plans to invest 900 million New Taiwan Dollar to expand its Xianxi plant in the Zhangbin Industrial Zone and build a new one in Lugang Township. Automated processing plants, the introduction of more intelligent metal processing machines, the strengthening of consistent process capabilities and innovative R & D core capacity can add 126 local employment opportunities to the Changhua region.