# Gongin Precision breaks ground on new factory in Tainan Science Park

Gongin Precision Industrial Co. held a groundbreaking ceremony for a new factory at Tainan Science Park, with a total investment of NT$300 million. The factory is expected to be completed by the end of 2021 and will produce components for display/semiconductor equipment, aerospace servo valves, cold chain equipment, and micro turbines.

- Type: New facility
- Announced: 2020-12-15
- Where: Tainan Science Park, Taiwan, TWN
- Value: $10.7M (300.0M TWD)
- Starts operating: 2021
- Status: under construction
- Products: display/semiconductor equipment components, aerospace servo valves, cold chain equipment, micro turbines
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Gongin Precision Industrial Co.](https://endata.com/companies/51880.md)

## Sources

- [chinatimes.com](https://www.chinatimes.com/realtimenews/20201215003098-260410), 2020-12-15: "新廠除將增添自動化精密製造及組裝產線外，亦將擴大研發團隊，投入高階新產品開發技術"

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