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Taiwan Machine Tool Makers Garner Orders Worth Over US$3 Billion on First Day of EMO Show
Sep 22, 2017At the 2017 edition of EMO, also known as Exposition de la Machine-Outil (Machine Tool World Exposition) and held on September 18th through September 23rd as the world's largest machine tool exhibition, exhibitors from Taiwan, the ...
Tags: Machine Tool, EMO Show
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2015 Xiamen Industry Expo
Apr 8, 2015The 2015 Xiamen Industry Expo will open at the Xiamen International Conference and Exhibition Center from April 12 to 15. Businessmen from 20 countries and regions are expected to attend the event. Among them, 300 enterprises from Taiwan ...
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Machine Tool Maker Fair Friend Attempts to List on Taiwan Stock Exchange in 2017
Apr 1, 2015Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
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FFG Teamed up with AIDC to Develop and Manufacture Composite Materials for Aircrafts
Jan 26, 2015Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts. FFG, Taiwan's ...
Tags: manufacture composite materials, aircrafts, Manufacturing
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Goodway Machine and Tongtai Machine & Tool Expected to Join The Nt$10 Billion
Jan 14, 2015Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015. Only a handful ...
Tags: machine-tool sector, Manufacturing
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Fair Friend Group Recently Set up with Its Local Agent in India a 50-50 Joint Venture
Nov 25, 2014Fair Friend Group recently set up with its local agent in India a 50-50 joint venture, Feeler Cosmos, to make machining centers for the Indian machine-tool market, which is projected to bring in NT$5 billion (US$166.6 million) in revenue by ...
Tags: Joint Venture, Manufacturing
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Taiwanese Machine-Tool Makers Decides to Acquire Japanese Machine-Tool Makers
Nov 13, 2014Taiwanese machine-tool makers Fair Friend Enterprise Group, Goodway Machine Corp., and Hiwin Technologies Corp. have decided to acquire Japanese machine-tool makers in a move widely seen as an attempt to convert the threat of the weak yen ...
Tags: Triggers, Machine Tool
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Fair Friend to Spend US$50m on a New Operations Headquarter and R&D Center in Hangzhou
Nov 11, 2014Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of ...
Tags: Fair Friend, horizontal machining
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Fair Friend Broke Ground to Construct a Plant in The Zaez in Henan Province
Oct 31, 2014The machine-tool manufacturer, Fair Friend Enterprise Group, broke ground on Oct.18 to construct a plant in the Zhengzhou Airport Economic Experimental Zone (ZAEZ) in Henan Province, China as part of its goal to lead the global machine-tool ...
Tags: machine-tool
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Taiwan Machine Tool Makers to Target Local Market
Oct 31, 2014Spearheaded by Taiwan's Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., around 10 of Taiwan's leading machine-tool makers plan to organize a consortium by the end of this year to develop high-end machines for ...
Tags: vertical lathing, Aircraft Parts
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IMTS 2014 Suggested Bright Market Outlook for The Island's Machine-Tool Makers
Oct 10, 2014The International Manufacturing Technology Show 2014 (IMTS 2014) of Chicago, held Sept. 8-13, brought Taiwan's exhibitors some US$50 million of orders on-site, suggesting bright market outlook for the island's machine-tool makers at least ...
Tags: Machine Tool, vertical lathes
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Taiwan's Machine Tool Industry This Year
Jun 30, 2014OUtlook for Taiwan's machine tool forecast to be bright. While cautious industry executives feel Taiwan's machine-tool exports are likely to rise 8% year on year this year, optimistic insiders project?exports to rise 10% to US$4 billion ...
Tags: taiwan, Manufacturing, Processing Machinery
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Taiwan's Overall Machinery Exports Totaled US$1.7 Billion
May 24, 2014According to the Taiwan Association of Machinery Industry (TAMI), in the Jan.-Apr. period the island exported US$6.4 billion worth of machinery, up 8.2% year on year (YoY), thanks partly to a surge in shipments of tools to mainland China in ...
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TAMI Chairman Hsu Hsiu-Tsang Predicts The Island's Machine-Tool Exports to Rise
Mar 27, 2014Taiwan Association of Machinery Industry (TAMI) Chairman Hsu Hsiu-tsang predicts the island's machine-tool exports to rise at least 10% year on year, to US$4 billion this year, as long as the American market and the ASEAN (Association of ...
Tags: Machine Tool Industry, Machinery Industry, machine-tool exports
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Jimmy Chu's Company Cuts Down Sales Goal for This Year to NT$35 Billion
Oct 28, 2012Taipei, Oct. 22, 2012 (CENS)--Fair Friend Ent. Group President Jimmy Chu has announced that his company cuts down sales goal for this year to NT$35 billion (US$1.16 billion at US$1: NT$30) from originally planned NT$45 billion (US$1.5 ...
Tags: Fair Friend Ent.Group, machine tools, CNC Machine, DMC Co., Ltd, Mfg.Corp.