# King Steel invests over NT$100M in precision equipment

King Steel Machinery Co., a shoemaking machinery manufacturer, invested over NT$100 million in precision equipment including five-axis multi-tasking machines and CAD/CAM software to enhance in-house manufacturing capabilities.

- Type: Investment
- Announced: 2021-02-18
- Where: Taiwan, TWN
- Value: $3.57M (100.0M TWD)
- Status: announced
- Products: shoemaking machinery, precision cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [King Steel Machinery Co.](https://endata.com/companies/53341.md)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2021/02/19/2003752474), 2021-02-18: "The total investment is estimated to exceed NT$100m, the largest investment in equipment in the domestic shoe-making industry for many years."

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