# Tong Yang to build new plant in Qigu Technology Industrial Park

Tong Yang Industry Co has received approval to purchase a 49,934 m² plot at Qigu Technology Industrial Park for NT$997.07 million to construct a new plant for aftermarket auto components. The expansion will increase bumper production capacity by 5%, plastic front rail capacity by 33%, and sheet metal fender capacity by 6% annually.

- Type: Expansion
- Announced: 2024-05-07
- Where: Qigu Technology Industrial Park, Tainan, TWN
- Value: $30.8M (997.1M TWD)
- Status: announced
- Capacity: bumper production capacity +5%, plastic front rail capacity +33%, sheet metal fender capacity +6% annually
- Products: aftermarket auto components, bumpers, plastic front rails, sheet metal fenders
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tong Yang Industry Co](https://endata.com/companies/77295.md)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2024/05/08/2003817518), 2024-05-07: "The company plans to speed up the construction of new production lines and manufacturing to meet its operational needs and market demand."

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