MJ International Group Expanding Taiwan SPC Plant
New Taipei City, Taiwan, July 2, 2020-In response to increased demand for its vinyl tiles products, MJ International Group, a manufacturer of luxury vinyl tiles (LVT) and stone plastic composite (SPC), is announcing the plan of facility expansion to establish a SPC plant in Taiwan. The company will build a brand new, state-of-the-art, fully automation qualified facility, and Industrial 4.0 ready in Tainan Technology Industrial Park to provide the additional capacity required for its anticipated business growth over the longer term.
Representing an investment total of USD $85 million, the newly-constructed manufacturing facility will occupy an area of 25,890 square meters and will build a fully-automated plant with an area of 44,666 square meters on three floors above ground, housing 12 production lines. In the course of the ramp-up, more than 350 jobs are created locally.
Although the direct labor cost in Taiwan is higher than China, the new plant in Tainan will introduce the latest production equipment, which not only consumes less energy, but also effectively improves production efficiency. This will also increase the per capita productivity and equipment production capacity utilization rate through the strategy of "large-scale production capacity, equipment automation, and simplified product specifications", which is expected to enhance the company's global business competitiveness under the overall production scale economy.
The ground-breaking ceremony was held on March 12 and expected to runs production in the second quarter of 2021. As a result, MJ will continue to drive the SPC technology to meet the increasing demand for the company’s SPC technology that supports the growing vinyl tiles and flooring markets.