Taiwan’s Ta Chen International, Inc. (Ta Chen) announced it has purchased land and a factory in Tennessee for US$10.886 million, securing its stainless steel pipe production capacity in the US.

The purchase, made through its subsidiary Bristol Pipe and Tube, Inc., gives Ta Chen ownership of the 297,600-square-foot facility on 60.8 acres. The plant, previously leased, has a monthly production capacity of 2,000 tons.

Ta Chen acquired the primary assets of Bristol Metals, LLC earlier this year. By buying the facility outright, the company will save approximately US$60,000 per month in rental costs and can better control its local manufacturing operations.