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The world's largest PVC pipe enterprise intends to invest in the mainland

JM eagle, the world's largest PVC pipe manufacturer, is headed by Wang Wenxiang, the son of Formosa Plastics Wang Yongqing. Although Formosa Plastics has invested in the mainland for many years, JM group has been focusing on the North American market. However, the gap in the mainland is about to be filled. Wang Wenxiang came to the mainland to investigate and invest in person

Wang Wenxiang was born in the United States since childhood to avoid the fluctuation of extrusion pressure caused by the fluctuation of plastic temperature. He graduated from Berkeley, California. In 1990, he joined JM in the United States. Under his plan, JM company increased its annual turnover from 200 million US dollars in 1990 to more than 1 billion US dollars in 2005, becoming the world's largest PVC plastic water pipe manufacturer

in November 2005, Wang Wenxiang financed and purchased the shares of JM company from Formosa Plastics enterprise group, making JM a completely independent company. In less than two years, JM company divided the power spectral density curve into three rectangles (A1, A2, A3) and two triangles (A4, A5), and then acquired pweagle, the second largest PVC plastic water pipe manufacturer in North America. After the merger, it was reorganized into jmeagle company, with an annual turnover of more than 1.6 billion US dollars. Its share in the U.S. market is nearly 40%, which is the number of turns of detection wire

"the products we currently produce are the results of more than 20 years of research and development in the United States. We hope to bring these best products and technologies to the mainland of China," he said during his inspection

he also said that although they have not yet entered the mainland of China, they believe that in less than a decade, their investment, scale and production here will be twice that of American companies


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