Yusco to build precision stainless steel factory with investment of NT$7.03 billion
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Update time : 2023-02-06 21:32:34
In response to future market demand, the stainless steel leader Yieh United Steel Corp. (Yusco) is actively transforming and will build a precision stainless steel factory with an investment of around NT$7.03 billion, focusing on high-end stainless steel products to strengthen its product portfolio.
The board of directors of Yusco decided that the source of funds for this investment project should be supported by its own funds and financing from financial institutions. The plant construction plan was expected to be promoted in stages starting this year, with the goal of completing the operation within three years.
Lin Yishou, the founder of E United Group, said that this investment project mainly produces high-strength and high-precision products, with high production value.
