TAIWAN: Low Cost Production Boosts Raincoat Maker Tah Shin
The firm said its Taiwan plant had successfully developed waterproof fabrics which are expected to play an important role in increasing the pre-tax profit from its core business in 2002.
A new US$800,000 plant in Dongguan, Guangdong Province will begin production in May, and could reach revenues of NT$100 million per year.
Overall, Tah Shin Industrial expects revenues to reach NT$3.2 billion in 2002.
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