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PR Newswire
30-09-2010, 06:52 PM
Today's announcement on Dutech's plan to establish a new, major production facility in Su-Tong Science & Technology Park (near Dutech's existing production facility located at Nantong) at an estimated investment cost of Rmb180m (approx. $34.6m) appears to be a well-conceived undertaking.....
http://info.sgx.com/webcoranncatth.nsf/V...E0028E320/$file/ANN-AcqofLandinSTIP.pdf?openelement
It is interesting to note that apart from raising the existing production capacity for high security products (i.e. ATM safes and other safes), Dutech plans to make use of the new facility to assemble ATM/Kiosk products - i.e. the global OEMs of ATMs would contract Dutech to assemble complete ATMs, on top of buying the ATM safes from Dutech. Considering the huge market size for ATMs in PRC, and PRC's competitive cost structure as a manufacturing base, Dutech stands to over time become a contract manufacturer of complete ATMs for the PRC and export markets.
http://info.sgx.com/webcoranncatth.nsf/V...E0028E320/$file/ANN-AcqofLandinSTIP.pdf?openelement
It is interesting to note that apart from raising the existing production capacity for high security products (i.e. ATM safes and other safes), Dutech plans to make use of the new facility to assemble ATM/Kiosk products - i.e. the global OEMs of ATMs would contract Dutech to assemble complete ATMs, on top of buying the ATM safes from Dutech. Considering the huge market size for ATMs in PRC, and PRC's competitive cost structure as a manufacturing base, Dutech stands to over time become a contract manufacturer of complete ATMs for the PRC and export markets.