Baotek Industrial Materials, based in Taiwan, has announced that it plans to install an additional 120 fiberglass weaving machines in the first quarter of 2011 to boost its capacity.
At present, the …
Baotek Industrial Materials, based in Taiwan, has announced that it plans to install an additional 120 fiberglass weaving machines in the first quarter of 2011 to boost its capacity. At present, the company has a total of 380 weaving machines with an output of 4.5-5 million fiberglass fabrics a month. According to Baotek, prices of fiberglass fabric are expected to remain strong in the third quarter due to tight supply, which will help the company sustain revenue growth.