Tiangong Precision Tools (Thailand) Co., Ltd. - Tiangong International's First Overseas Production Plant

Tiangong Precision Tools (Thailand) Co., Ltd. - Tiangong International's First Overseas Production Plant - Sees Gradual Ramp-Up of Production Capacity

         In March 2021, Tiangong Precision Tools (Thailand) Co., Ltd. (hereinafter referred to as Tiangong Thailand), Tiangong International’s first overseas production plant, was put into operation. By December, the total output of grinding drills exceeded 12 million units, indicating a gradual ramp-up of production capacity. Concurrently, Phase II expansion is progressing systematically.

         It was learned from Tiangong Thailand that the installation and commissioning of all equipment for the Phase II expansion were recently installed, commissioned and put into production. Following the Phase II expansion, the total production floor area in use reaches 10,500 m2, equipped with over 300 major production units, and the monthly production capacity can progressively increase from 4 million units to 6.5 million units.

          The Phase II expansion will provide capacity support for the foreign trade sales of Tiangong Tools. According to the plan, a Phase III capacity expansion will follow, aiming to achieve a monthly production capacity of over 8.5 million precision grinding drills.