On July 8, the Japanese-owned Nissin Plastic Co., Ltd. held an opening ceremony for its new plant in Venture Industrial Workshops of Loufeng Township, SIP. This is the second investment efforts of Nissin Plastic during the 6 years of its entry in SIP.

Suzhou Nissin Plastic Co., Ltd. is a subsidiary of the Japan-based Nissin Corporation. Nissin Corporation, founded in the 60s of last century, is an integrated modernized manufacturer and designer of molds and resin components with long-term cooperation with prestigious enterprises like Toyota, Mitsubishi, and Panasonic.

The rapid growth of Suzhou Nissin Plastic in Loufeng Township demanded further expansion on the basis of the original plant built 6 years ago. The new plant located in the industry zone of the township will add new momentum to the hi-tech industrial development in the area.