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XIAMEN ELASTEC CORP. was invested and established by the 40-year-old Taiwan Ivy Seals Group.It is the first foreign invested company to build rubber production line in China. The total investment is $20 million,covers an area of 48,000 m2 ,and has 600 employees.With the repid development of ASEAN automobile industry，a branch plants will be founded in 
Thailand with initial investment $3.5 million.The new plants will gradually realize local production to offer local customer with close technical  support service.