# King Ray Industry to invest NT$400M in new plant in Changhua

King Ray Industry Co Ltd, a hardware accessory supplier, plans to invest over NT$400 million to set up a new plant in the Changhua Coastal Industrial Park to expand production.

- Type: Expansion
- Announced: 2020-04-23
- Where: Changhua Coastal Industrial Park, TWN
- Value: $13.3M (400.0M TWD)
- Status: announced
- Products: hardware accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [King Ray Industry](https://endata.com/companies/46757.md)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2020/04/24/2003735177), 2020-04-23: "The company’s decision was made as US and European clients seek to lower production risks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.