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SOCO Machinery held a groundbreaking ceremony for a new laser R&D and application manufacturing base in the Nangang Industrial Zone, Taiwan. The NTD 1 billion investment is expected to boost group revenues by over 20% within three years of completion.
Ho Ho Mechanical (和和機械) announced a TWD 1 billion investment to build a 3,000 ping (approx. 10,000 sqm) plant in Nantou's Nangang Industrial Zone for sheet metal laser cutting machines, with production starting in 2022.
| Site | Largest | Latest |
|---|---|---|
| Nangang Industrial Zone, TWN | $34.0M | 2020-08-19 |
| Nantou, TWN | $33.0M | 2020-02-13 |