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PT. Pancamas Elite was founded in 1987 in Malang, East Java. During 1987-1997 it was a joint venture with Taiwan which provided technological support for the entire production process.
Since the beginning of 1998 until now, Pancamas Elite has become a local company while still adopting Taiwan technology.
Along with the increasing demand for products and an increasingly competitive market, in 2000, PT. Pancamas Elite established an office in Jakarta.
Pancamas Elite is the manufacture and principal of die casting products under the ELT brand.