Trade Resources Industry Trends Taiwan's Machine-Tool Makers Are Scrambling for Rush Orders

Taiwan's Machine-Tool Makers Are Scrambling for Rush Orders

Taiwan's machine-tool makers are scrambling for rush orders to fill the vacant portion of their production lines as possible as they can while waiting for market recovery.

According to Taiwan's machine-tool makers returning from the Sept.10-15 held International Manufacturing Technology Show 2012(IMTS2012)Chicago,most of the Taiwanese exhibitors sold out their machines,but the orders were placed for deliveries in two to three weeks,lacking long-term orders.

Falcon Machine Tool Co.,Ltd.,the owner of the Chevalier brand,said it received US$6 million of orders in three days at the machine-tool trade fair,swelling its orders secured to NT$600 million(US$20 million at US$1:NT$30)from NT$400 million(US$133 million).Its CNC grinding machines,CNC turning machines and CNC milling machines on display were sold out on the scene.

Falcon executives pointed out that the American buyers include well-known energy-equipment suppliers,carmakers and aircraft builders.All of them asked for off-the-shelf products instead of customized products.

AWEA Mechantronics Co.,Ltd.executives pointed out most of the orders the company received at the Chicago show were to be filled in the short term.

Currently,most of the island's machine-tool makers have received orders that can keep production lines run until November this year at best.They pointed out that lukewarm global economy and slowdown of mainland China's economy have taken serious toll on their business.

The mainland has been Taiwan's foremost export outlet for machine tools.But now,with stockpile in the mainland's car making industry soaring to an estimated two million vehicles,the mainland's demand for machine tools has obviously slowed down.

 

Source: http://www.cens.com/cens/html/en/news/news_inner_41449.html
Contribute Copyright Policy
Taiwan's Machine Tool Makers Gear up to Vie for Rush Orders Amid Market Slowdown