Taiwan Federal shuts plant, blames US tariffs

Wed, Jun 16, 2021 page12 Taipei Times, Lisa Wang

https://www.taipeitimes.com/News/biz/archives/2021/06/16/2003759222

 

  • Automobile and truck tire maker Federal Corp (泰豐輪胎) on 15 June said that it has shut a factory in Taoyuan’s Jhongli District (中壢), as it has lost substantial orders following a steep anti-dumping tariff imposed by the US.
  • Federal Corp faces a duty of 84.75 percent on tire exports to the US, up from a 4 percent levy on local suppliers in the past.
  • The Jhongli plant contributed about 27 percent to the company’s revenue of NT$549 million (US$19.85 million) in the first quarter, Federal Corp said. The plant has installed capacity of 1.8 million tires a year.

泰豐(輪胎)(中壢)廠賣地 震驚市場

2021-06-16 01:40 經濟日報 / 記者邱馨儀

https://udn.com/news/story/7241/5535046

  • 老牌輪胎大廠泰豐(2102)經營權之爭愈演愈烈,公司派昨6/15日宣布,董事會通過旗下中壢廠全面停止生產,並且大量解僱員工,同時要公開標售泰豐100%持股子公司泰誠開發與泰鑫建設兩筆市價總計超過百億元的土地
  • 董事會決議,泰豐表示,主要考量美國商務部524日反傾銷案終判稅率,該稅率實施使得泰豐在美國這個主要市場接單全面衰退,衝擊營運,不得不停止中壢廠生產,並調整海內外產銷布局。未來非美國市場訂單由觀音廠承接出貨,美國訂單轉為海外代工合作生產

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