Reported about 1 year ago
Several food companies including Great Wall, Uni-President, Fubon, and Nan-kuo are planning to expand production capacity this year, injecting growth momentum. With oversupply of raw materials and unstable pricing, these companies are strategically setting up new production capacities and tapping into new markets. Strategies involve expanding production lines in Mainland China, acquiring food plants in the United States, and establishing new factories in Thailand. These expansions are expected to boost profitability and market presence in the coming months.
Source: YAHOO