Tailin Abrasive Gazes at Subic Expansion
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Written by Loren
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Tuesday, 13 January 2009 |
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For its expansion plans, Tailin Abrasive (Subic) Corp. of Taiwan is scouting for a new site in the Subic Bay Freeport at it remains confident that demand for its products will not slow down despite the global recession.In a visit to Tailin's headquarters in Taipei last month, Charles Wu, company chairman, said that exports prospects remained bright despite the worst financial crisis in the United States, which accounts for 30% of its exports. The group designs, manufacturers and distributes a wide range of resin- bonded abrasive products, such as cut- off and grinding disc, coated abrasives, flap discs, mounted points and conventional grinding discs. It sells its products through industrial distributors, original equipment manufacturers and hardware private label programs. Wu added that the recession will have little impact on their exports since they produce highly specialized industrial products. They are also looking at tapping other export markets to ease the impact of the slowdown in the US market. [via] |
