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Tongtai of Taiwan Looks for Revenue From Aircraft-Making Machines to Rise 10% by 2016

Dec 31, 2015

Tongtai continues to build sales of aircraft-making machine tools. (Pictured is group chairman, R.X. Yen)The Tongtai Group of Taiwan estimates machine tools for making aircraft parts to rise to account for 10 percent of its revenue by 2016, ...

Tags: Tongtai, aircraft parts, Manufacturing

Machine Tool Maker Fair Friend Attempts to List on Taiwan Stock Exchange in 2017

Apr 1, 2015

Chairman 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

Goodway Machine and Tongtai Machine & Tool Expected to Join The Nt$10 Billion

Jan 14, 2015

Goodway 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

Taiwan's Machine-Tool Makers Accelerating Investment Plans

Dec 12, 2014

Taiwan's leading machine-tool makers are accelerating their investment plans to alleviate the problem of insufficient production capacity, despite the hazy business outlook for 2015. The Tongtai Group's board of directors recently ...

Tags: machine-tool, Machinery

Fair Friend to Spend US$50m on a New Operations Headquarter and R&D Center in Hangzhou

Nov 11, 2014

Chairman 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

Tongtai Has Decided to Build a New Factory

Jun 27, 2014

Tongtai Machine & Tool Co., Ltd. has decided to build a factory near its headquarters in Kaohsung, southern Taiwan, and train more specialists as part of its expansion plan to further grow in the machine-tool market, in which the company ...

Tags: taiwan, Manufacturing, Processing Machinery, Machinery, Machine, Tool

AWEA Have Recently Landed Surging Orders

Jan 24, 2014

Machine tool makers AWEA Mechantronic Co., Ltd. and Goodway Machine Corp. have recently landed surging orders mostly thanks to recovering automobile markets in China, Europe, and the United States, with AWEA receiving over NT$300 million ...

Tags: Orders, uptrend

Pinnacle Machine Tool Released a Series of Feature-laden Five-axis

Sep 11, 2013

Pinnacle Machine Tool Co., Ltd., founded in central Taiwan back in 1976, has released a series of feature-laden five-axis (X, Y, Z, plus B and C axes) CNC machining centers to cater to high-end manufacturers looking for machines that are ...

Tags: CNC Machining Centers

Aurora Facility Is Helping The Operation Increase OEE

Dec 12, 2012

Real-time information from Freedom eLOG® software on the performance of 77 diverse manufacturing systems at Caterpillar's Integrated Manufacturing Operations Div. (IMOD), Aurora Facility, is helping the operation increase overall ...

Tags: Manufacturing Software, manufacturing systems, software, Networking

Flexible Manufacturing Capabilities Have Helped Many Taiwanese Manufacturers

Sep 3, 2012

Quick reaction to market fluctuations and flexible manufacturing capabilities have helped many Taiwanese manufacturers of machining centers to escape the impact of economic recession in major markets.Those markets include mainland ...

Tags: MC, CNC, Taiwan

Pinnacle Machine Tool Co.,Ltd.Has Launched Feature-Laden Five-Axis CNC Machining Centers

Sep 3, 2012

Pinnacle Machine Tool Co.,Ltd.has launched feature-laden five-axis CNC machining centers to meet rising demand from high-end manufacturers looking to maintain precision production but reduce cost to be more competitive amid various ...

Tags: CNC, Pinnacle, AX, BX

In 2010,The Global Machine Tool Industry Bottomed out and Recovered Rapidly

Jun 3, 2012

In 2010, the global machine tool industry bottomed out and recovered rapidly, with the gross industrial output value rising 21.1% YoY, the sales revenue up by 12.6% YoY, and the import value growing 17.1% YoY. In particular, China achieved ...

Tags: News Update, Industry Trends, Machine Tool

Taiwan's Hand Tool Industry Achieved Output of NT$61.3 Billion in 2011

May 8, 2012

Mainly buoyed by growing exports, Taiwan’s hand tool industry achieved output of NT$61.3 billion in 2011 for an year-on-year (YoY) growth of 5.15%, according to the report by Dr. Arthur Hsu, an industrial analyst at the Industrial ...

Tags: Market View, hand tool, taiwan market

Taiwan's Fair Friend Group Has Acquired Five Overseas Machine-Tool Firms

Jan 15, 2012

Taiwan's Fair Friend Group, which makes Feeler brand CNC machine tools (Engineering Technologies Group), has acquired five overseas machine-tool firms. The acquisitions include three Italian firms – JOBS, Sachman (pictured) and SIGMA; ...

Tags: market view, machine tool

Mitsui Seiki Developed a Fully Programmable

Nov 22, 2011

As part of a multi-million single 5-axis machine installation for a UK aerospace company, turnkey supplier 2D CNC Machinery (Mitsui Seiki), the customer, FSE and machine builder Mitsui Seiki developed a fully programmable, totally ...

Tags: market view, 2D CNC Machinery

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