New Best Wire Industrial, one of the major carbon, alloy and stainless steel wire products makers in Taiwan, said due to the raising demand from China's automobile industry, the company has planned to expand its Suzhou plant's wire capacity by 30% in next year. New Best's Suzhou plant mainly produced wire products for automobile usage fasteners production, its new add capacity has been expected to start its operation in the fourth quarter of 2014. New Best said its Suzhou plant has run for 100% production in whole 2013 because of the strongly market demand and this plant's sales revenue is about NT$120~NT$130 million per month in average.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67560&division=A9
