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Spec Products to Launch AI Smart Factory in September in Tainan

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2024-09-12
     Automotive fastener supplier Spec Products' new factory in Xinji Industrial Park of Tainan City (Southern Taiwan), which costs NTD 700 million, is expected to be fully completed in September 2024. The new AI smart factory will complete its transformation to smart manufacturing.
 
     The company said that the new factory covers an area of ​​13,408 square meters. Including a land cost of NTD 240 million, the total cost of construction and the factory's software and hardware equipment is NTD 500 million. The factory design and process setting are based on a 10-year operation plan. The land area in use in the first phase is 5,950 square meters, and the building covers 6,942 to 7,272 square meters. This factory is planned to have smart manufacturing and smart trucks to reduce manufacturing costs and cope with problems such as manpower and talent shortages. The goal is to increase the self-production rate from the current 15% to 30% by 2027.
 
     Spec Products has been operating in the automobile fastener industry for a long time, with hundreds of partnering factories. Its end customers include BMW, Ford, GM, Porsche, Tesla, TOYOTA and other European, American and Japanese car manufacturers, as well as Tier 1 manufacturers like Bosch, Continental Group, agricultural machinery and home appliance manufacturers like Electrolux and John Deere. Its market territory includes the Americas which account for about 50% to 60%, the European market (20% to 30%), and the rest in Japan and Southeast Asia. 
友鋮
車用扣件
興櫃
新吉工業區
新廠
扣件製造
Spec Products Corp.
automotive fasteners
emerging stock board
fastener manufacturing
Sinji Industrial Park
new plant
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FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
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