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INSIGHT April, 2002 Sacramento, California, USA- Sino Alloy expects to hire about 15 local employees for administrative and skilled fabrication work in the local factory, which will be its first American-based facility. Taipei-based Sino Alloy also plans to relocate one or two managers from Taiwan to run the operation, said officials from the Sacramento Area Commerce and Trade Organization, which announced the deal Friday. The company is using about 15,000 square feet of space in North Highlands near Watt and Orange Grove avenues. The building has been empty for at least two years. SACTO and Cornish & Carey broker Kevin Jasper worked on the Sino Alloy deal for about a year. "It's pretty special to get a company that's outside the U.S. to relocate to Sacramento," said SACTO Deputy Director Bob Burris. "It's a huge commitment by them and a huge project because they have to learn (our) human resources, environmental and tax laws." Sino Alloy reportedly wants access to the California market to serve manufacturers of electronics equipment, medical devices and car interior parts. Since the early 1990s, SACTO has wooed divisions of several other international companies to the Sacramento area. Among them are Gekkeikan Sake, a Japanese sake maker, operating in Folsom; Kikkoman, the soy sauce maker, also operating in Folsom; JVC Disc America, a maker of DVDs and CDs, operating in Sacramento's Laguna Business Park; and NEC Electronics, the memory chip manufacturer located in Roseville. ----- To see more of The Sacramento Bee, or to subscribe to the newspaper, go to http://www.sacbee.com (c) 2002, The Sacramento Bee, Calif. Distributed by Knight Ridder/Tribune Business News.
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Source: The
Sacramento Bee
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