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Din Ling Invests Factories for Special Parts Production
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2015-03-30
Din Ling Corp. is a fastener trading company and sells products mainly to Europe and USA. It has been certified by ETA and has also had long term cooperative relationship with its European partners. Its sales last year showed a 30% growth. Moreover, considering the fast growth in its global business, it has established two factories in Taiwan and Vietnam this year. The total annual production of these two factories is estimated to strengthen the competitiveness of the company in exports. 
 
General Manager Kuo said that although antidumping measures are still one of the variants that may influence the market conditions, the continuous recovery of US market is expected to stimulate the market demand. In addition, the steel price is very likely to become steadier, so there will be more overseas orders than last year. However, the continuously depreciating euro and increasing electroplating costs in Taiwan both cause pressure to companies whose business is mainly in Europe. The current strategy of Din Ling is to increase the proportion of orders for special parts and conduct quality control by itself to ensure product quality and distinguish itself from other competitors. It is expected that within one year the total production of its Taiwanese and Vietnamese factories will reach the level of 1,200 tons.
 
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