HTG Stays In Taiwan, Spent NT$500 Million To Expand Investment
Huei Tyng’s 30th anniversary of its deep cultivation in Taiwan has continued to expand its investment in Taiwan without being affected by the epidemic.
The second phase of the plant was built in Zhangbin Industrial Zone, and the groundbreaking ceremony was held on the 5th of this month. The group chairman Tsai, Chang-ming personally presided over the groundbreaking ceremony.
In order to accelerate the optimization of production process and the upgrading of services, Huei Tyng Group invested more than NT$500 million in plant and equipment in Xianxi Plant Phase II. The total area is approximately 454,000 square feet. The plant is expected to be completed and put into production in 2022. In addition, Huei Tyng also actively promotes the development of green energy and implements the green energy reduction policy. A total of more than 2,500 kWh of solar panels will be built in the Xianxi plant to replace the original power generation method with renewable energy and contribute to environmental sustainability.
Chairman Tsai, Chang-ming said that through the factory expansion plan, we will continue to introduce more intelligent metal processing machines and build an automated logistics network factory, strengthen consistent process capabilities and innovative R&D core, accelerate the development of high value and maintain a high degree of competitiveness. Also, insist on deepening Taiwan and sustainable operation as our business goals, in order to create local employment opportunities and demonstrate the social responsibility of Taiwan companies.