OFCO's Order Visibility Has Been Through Next April and May

OFCO Industrial Co., one of the major manufacturers of fastener products in Taiwan, said that since its received order volumes from European customers have recovered, the company's order visibility has been through next April and May. The company's current monthly output is about 2,000 tons of screws and its capacity might be full booked until this May. The firm said about 60 to 70% of its sales is coming from Europe market and its products are mainly supplied for machinery and construction industries. To look into 2012, OFCO Industrial said its shipping quantity should be able to stay firmly in the first quarter of next year and it might have better sales in the second quarter.