DaChan Great Wall Group (大成集團), a local agricultural products and food conglomerate, yesterday signed a deal with Japan’s Showa Sangyo Co to set up an egg production plant that is expected to cost NT$2 billion (US$66.2 million).
The joint venture in Changhua County’s Erlin Township (二林) is to produce raw food-grade eggs when it starts operations in early 2021, the two companies said in a joint statement.
The plant, which is to occupy a 11,074m2 plot of land, is to produce 2 million eggs per day, making it the nation’s largest egg facility.
That would significantly boost the company’s existing capacity of 1.6 million eggs per day, DaChan Great Wall chairman Charles Han (韓家宇) said at a signing ceremony in Taipei.
It would raise the company’s market share from 7 percent to 10 percent, he said.
DaChan Great Wall supplies eggs to Din Tai Fung (鼎泰豐) restaurants, Wu Pao-chun (吳寶春) bakeries and other restaurant chains.
Raw food-grade eggs are common in Japanese dishes and could become popular in Taiwan after the introduction of a hygiene system to ensure food safety based on the Japanese model, Han said.
The two firms first began their partnership in 2003 by setting up a flour plant in China.
The latest cooperation would also extend to the flour business, providing customers with a greater diversity of options for use in their bakeries, Han said.
Showa Sangyo said the joint venture is an important part of the Japanese firm’s expansion plans for the next five years that would cover technology, research and development, marketing and other aspects of its business.
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS