Ta Ann Holdings Berhad, one of the large wood companies in Malaysia, invested in Chinese wood industry firstly to enter Chinese down-stream wood products market.
Yangzhou is the main wood processing center in Jiangsu province. The new plywood factory named Ta Ann Zoology Wood Industry Company, with the investment of $20 million, will be set up in Yangzhou city.
The main business of the new factory focuses on manufacturing and distributing new environmental-friendly plywood products, which are believed owning large potential in Chinese wood market.