Wei Chuan Foods Corp (味全食品) yesterday [30 June 2017] said it is to invest nearly 600 million yuan (US$88.5 million) building a new plant in China’s Suzhou [Jiangsu Province], as part of efforts to accelerate the firm’s turnaround…Full Article: The Taipei Times June 2017

Key Points

  • Between October and December 2018, Wei Chuan Foods’ new factory in Suzhou will come online and supply refrigerated food products to the greater Shanghai area.
  • In 2016, China accounted for 53% of Wei Chuan Foods’ sales, while Taiwan accounted for 45%.

ChinaAg Comment

  • Founded in 1972 and headquartered in Taipei, Wei Chuan Foods Corporation (TPE:1201) is a food processor that produces various beverage, dairy, seasoning, sauce, and canned food products. In 1998, the company became a subsidiary of Taiwan’s Ting Hsin International Group, a food conglomerate that includes Tingyi Holdings (Master Kong noodles) and Dicos (mainland Chinese fast food chain).

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