5/17/2012 1:10:00 AM
NEWS BRIEFS
Special Rivets Corp. Building 2nd China Plant
Taiwan-based Special Rivets Corp. is building a second plant in Jiashan of Zhejiang province in China to expand production capacity, ChinaFastener.Info reports.
SRC established its first subsidiary in Shanghai in 2000—SRC Metal (Shanghai) Co. Ltd. and its second subsidiary in Zhejiang in 2004, according to ChinaFastener.Info. SRC has a monthly production capacity of 500 million blind rivets and 150,000 riveting tools.
“Although we have a high production capacity, we cannot satisfy demand from our customers,” stated Henry Chang, Deputy General Manager of SCR.
The new facility is under construction on 50 acres, and is expected to open in the spring of 2013. Monthly production is slated at 700 million blind rivets.
Chang said SRC aims to become the third largest rivet manufacturer in the world within five years.
Established in 1983, SRC operates three ISO 9001:2008-certified plants in Taiwan and mainland China which produce 6 billion rivets annually, along with 2 million riveting tools. Nearly 90% of its products are exported to over 150 countries. Web: src.com.tw/ ©2012 GlobalFastenerNews.com
Related Stories:
• Exporting Fasteners from the ‘Technology Belt’
Share: