Taiwan’s Hongyin Enterprise Co., Ltd., which had a single-month export record of 1,400 tons of tapped screws in Taiwan and is currently the largest production capacity in Taiwan, is optimistic about the future market prospects and risks of ASEAN (to avoid dumping taxes or import taxes). In response to the strategy of importing orders, after many years of planning and preparation, its new plant in Vietnam with a land area of ​​10.5 hectares has started construction last year. The first phase of the plant has been completed and put into production, and the second phase will also be completed by the end of this year. Completed, the new plant is expected to be completed by 2014. In the future, the new plant in Vietnam will use small and medium-sized carbon steel small screws and chain screws as its main force to achieve the target of 2,000 tons of capacity per month; while in Taiwan, the plant will focus on research and development and focus on high value-added deductions. Product development, such as long screws, self-drilling screws, and composite screws, is expected to create a new market competitive advantage for Hongying through this layout.
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Dandong Huarui Fluid Machinery Co., Ltd , https://www.ddhrseal.com