The plant is located in the area of 25,880 square meter with investment capital of over VND170 billion ($7.4 million).
The plant will produce metal rollers with capacity of 1,800 products annually and conveyor trolley at the capacity of 100 products a year, 500 tons of abrasion resistance metal sheet per year and mechanical processing products of 800 tons.
The plant will use steel made by Formosa Ha Tinh to create a close production chain.
This is the second project built in Phu Vinh Industrial Park which attracted four Foreign Direct Investment enterprises in the field of handling and recycling steel by-products, fire-proof products, manufacturing and installing mechanical products with total investment capital of $23.307 million.