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Taiwan bike maker sets up shop in Nantong

20 June 2012
Taiwan Meilida Industry Corp is to invest US$100m in a bicycle production base in Nantong, according to city government officials. Targeting the middle and top end of the market, half of the 1.5m-2m bicycles produced each year will be sold to domestic customers while the remaining half for exports. Construction will start in July.

The Taiwan company already has two production facilities in China, one in Shenzhen and the other in Shandong. It says that it chose Nantong for its convenient location and easy access to its suppliers.

     
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