# Hota Industrial Manufacturing holds ceremony for new plant in Chiayi

Hota Industrial Manufacturing Co held a beam-raising ceremony for a new smart plant in the Chiayi Dapumei Precision Machinery Park, investing NT$4.2 billion (US$140.23 million). Production is expected to start by the end of 2021, supplying EV components for US and European clients.

- Type: New facility
- Announced: 2020-05-15
- Where: Chiayi Dapumei Precision Machinery Park, Taiwan, TWN
- Value: $140.2M (4.20B TWD)
- Starts operating: 2021
- Status: under construction
- Products: electric vehicle components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hota Industrial Manufacturing Co](https://endata.com/companies/42071.md)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2020/05/18/2003736585), 2020-05-17: "Hota is investing NT$4.2 billion in the new plant and aims to start production by the end of next year to supply components for electric vehicles for US and European clients."

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