OFCO Industrial Co., one of the major manufacturers of fastener products in Taiwan, said the company’s sales performance improved in last November, as it has increased its capacity utilization rate in the month.
Shipments in December will be stayed firmly due to the dropping NTD currency, and the company’s profit is expected to remain stable in December.
OFCO is producing at a maximum capacity of about 8,000 tons per month for bolts and an average production capacity of 1 billion pieces of screws per month. Europe is the major market for OFCO, the company said the better 2014 economic outlook in Europe market may help its sales to improve in 2014.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67968&division=A6
