New Best Wire to invest NT$500M in Suzhou plant expansion

New Best Wire Industrial Co., Ltd. will invest approximately NT$500 million to expand its production base in Suzhou, China, adding two STC furnaces and intelligent warehousing systems to increase capacity by 30%.

“The project is expected to be completed within two years.”news.metal.com

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• news.metal.com【SMM Steel】Taiwan's New Best to Invest NT$500 Million in Suzhou Plant Expansion - Shanghai Metals Market (SMM)Shanghai Metals Market (SMMAug 25, 2025

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