CHANGHUA, Taiwan —— Major Taiwanese auto lamp manufacturer Depo Auto Parts Ind. Co. Ltd. recently announced its five year, US$333 million investment plan to upgrade its operations in Taiwan.
One of the highlights of the plan is the construction of a new factory in the Changhua Coastal Industrial Park, located in the seacoast of Changhua County. The company is aiming to further its presence in the original parts market, on top of its already healthy presence in the aftermarket.
With the completion of each phase of the plan, Depo has estimated that its current production capacity will increase by 20% starting next year and then double within the next five years.
[Source : TaiwanTrade]