Food Industry Continues Strong Investment in Taiwan2013-05-07 14:49 TFPMA
This year the food industry continues to invest heavily in the Taiwan market with a total amount of investment of US$483 million. Uni-President Group, the largest food manufacturer in Taiwan, bought land in Hukou, Hsinchu last year to build three industrial parks of food, logistics, and tourism with an investment of US$322 million.
Wei Chuan Foods Corp. invested more than US$16 million in a new egg brand, recalling the right to manage operations of the Lin-feng-ying Farm, and product-line expansion for Jagabeee potato snack this past year. Hey Song Corporation set up a PET production line of beverage aseptic filling and a new-built factory to activate the Chungli plant. An aseptic filling line is invested roughly US$64 million to US$80 million. In 2011 Lian Hwa Foods Corp. bought land in Chungli to build a fresh food plant specialized in supplying to Uni-President with an investment of over US$58 million. Making good performance last year, Nam Chow Group constructed a central kitchen facility at a cost of US$64 million to support catering business and freezer logistics.