LOMBARD INVESTS $15 MIL IN TAIWAN MANUFACTURER
SAN FRANCISCO 07/11/08 Bay Area-based Lombard Investments Inc. has said it will invest $15 million in Taiwan-based San Shing Fastech Corporation, a major manufacturer of high quality automotive fastener systems.
San Shing said it will use the proceeds to expand its product line and enter new markets.
The company was founded in 1965, and employs more than 1,100 skilled workers at its manufacturing facilities in Tainan Hsein.
San Shing operates as a fully integrated manufacturer, designing and producing tooling dies and production machinery, in addition to automotive fastener systems for multi-national auto makers as BMW, Ford, GM and Mercedes-Benz.
Lombard is an international private equity investment manager with offices in Bangkok, Hong Kong and San Francisco, and working relationships with partners in Manila, Ho Chi Minh City and Taipei.
Formed in 1985, Lombard has made more than 80 controlling and significant minority investments in Asia and North America.
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