Taipei, Nov. 7, 2012 (CENS)--Taiwan Association of Machinery Industry (TAMI) and its Japanese counterpart, the Japan Machinery Federation (JMF), will sign an agreement in March next year to better compete against rapidly rising South Korean competitors, according to TAMI Chairman H.T. Hsu, who says

Taipei, Oct.18, 2012 (CENS)-- Fair Friend Group, a Taiwan-based machine-tool conglomerate, plans to invest more than EU$50 million (US$64.795 million) to merge two to three Italian machine-tool makers, becoming the largest machine-tool group in Italy, said Jimmy Chu, the chairman. After acquirin

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 China, which is the world’s second-largest economy and the biggest

Taiwan’s manufacturers of machine tools, most of which are small or medium in size, have experienced substantial sales growth following the global financial crisis of 2009. Their exports grew a further 9.4% in the first half of 2012, to US$2.09 billion, according to the Taiwan Association of Machin

The 1976-founded Pinnacle Machine Tool Co., Ltd. excels in 5-axis, double-column, vertical and horizontal type machining centers, not to mention a wide range of computerized numerical control (CNC) lathes and milling machines. Besides meeting customer demand with complete product lines of outs

Makers of gardening tools along with accessories generate export revenue of around US$95 million on average yearly help to drive hand tool exports in Taiwan. Besides being popular with professionals and DIY gardeners in the U.S. and Europe, and despite global economic uncertainty that have occa

Since its establishment in 1986, Yong Yen Metal Co., Ltd. has been devoted to developing and producing garden hoses and related accessories. Bolstered by over 25years of experience and a full line of CNC lathes and precision machinery, the company has churned out various joints, tubes, hoses, no

Since its inception in 1993, Honssion Auto Chassis System (Zhejiang) Co., Ltd. has specialized in making chassis and steering system parts as one of Chinese makers with global competitiveness in the field. To achieve unbeatable quality, the company takes advantage of the latest computer technolo

Amid an uncertain global economy, weakened by the still limping peripheral economies in the EU and relatively high unemployment, slow housing starts in the U.S., most Taiwanese bathroom fitting makers have struggled with flat growths over the past few years. While the industry is not likely to turn

Taipei, Aug. 7, 2012 (CENS)--Despite slowing orders due to the economic downturn, several machine tool maker sin Taiwan including Taiwan Takisawa Ltd., Awea Mechantronic Co., Goodway Machine Corp., Kao Fong Machinery Co., and Falcon Machine Tools Co. still saw profits grow year on year (YoY) in the

Taipei, July 30, 2012 (CENS)--Goodway Machine Corp. and its subsidiary, AWEA Mechantronic Co., Ltd., plans to start volume production at their machine-tool joint venture in mainland China at the end of this quarter and expect to start construction of a joint venture in southern Taiwan sometime next

Amid an uncertain global economy, weakened by the still limping peripheral economies in the EU and relatively high unemployment, slow housing starts in the U.S., most Taiwanese bathroom fitting makers have struggled with flat growths over the past few years. While the industry is not likely to turn

Taipei, June 26, 2012 (CENS)--Although Taiwan’s machine-tool makers have received NT$1 billion (US$34 million at US$1: NT$29) worth of orders from mainland Chinese manufacturers, they are forced to stop or delay 20-30% of the deliveries because of financial problems plaguing many of these buyers.

Taipei, June 22, 2012 (CENS)--Driven by new capacity at their jointly established factory in China along with influx of orders from the second half, Awea Mechantronic Co., Ltd. and Goodway Machine Corp., both Taiwan-based, large suppliers of machining centers, will see revenue surge this year, acco

Taipei, May 28, 2012 (CENS)--The Taiwan Association of Machinery Industry (TAMI) authorized its latest report warning that local suppliers of machine tools have been increasingly racked by growing rivalry of their Korean counterparts in the global market for a variety of reasons, which has led to e

Global tensions and competition take their toll, but a bright future lies ahead Overall production in Taiwan's machinery industry will decrease 4.18% year-on-year to NT$905.8 billion in 2012 due to a slump in orders in the first half of the year. That's the prediction made by Yeh Lih-lun, an ind

Taipei, May 4, 2012 (CENS)--Taiwan exported US$652.54 million of machine tools in the first two months of 2012, up 24.5% from a year earlier, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF). Exports of metal-cutting machine tools totaled US$545.52 mi

New factory integrates production and raises management efficiency Further consolidating its lead in the bicycle-hub and wheel-system production globally, Formula Engineering Inc. of Taiwan, recently inaugurated its new factory in the Feng-Chou High-Tech Industrial Park (FCIP), Taichung, centra

Taipei, April 23, 2012 (CENS)--Thanks to the acquisition of a 50% stake in DMC of South Korea in the beginning of this year, the Taiwan-based Fair Friend Group will become one of South Korea’s top-three machine-tool manufacturers in the next three years with annual sales targeted at US$400 million,

Taipei, April 16, 2012 (CENS)--Taiwan exported NT$331.11 million of machine tools in January, up 11% from a year earlier (YoY), according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF). Exports of metal-cutting machine tools came to US$280.4 million, up 19.6%

Yuhuan Jianghong Machinery Co., Ltd. is a specialized developer and manufacturer of high-quality, durable brake calipers for cars and trucks, also a key member in the automotive braking committee under the China Association of Automobile Manufacturers (CAAM). Headquartered in the Kanmen Science & T

The Taiwan Association of Machinery Industry (TAMI) believes that with the implementation of the cross-strait Economic Cooperation Framework Agreement (ECFA) at the beginning of 2011, the island’s overall machinery production will break the NT$1 trillion mark this year or next so long as the extern

Taipei, April 3, 2012 (CENS)--Benefiting from ECFA (Economic cooperation Framework Agreement) signed between China and Taiwan, Victor Taichung Machinery Works Co., Ltd., has signed a contract with a China-based auto parts supplier, Fujian Shenlika Aluminum Industry Development Co., Ltd., to supply

Win Ho Technology Industrial Co., Ltd. has been dedicated to developing and producing high-quality high-speed precision lathes and inverter transmission lathes and offering prompt services to customers The company sticks to three major management concepts: Innovation--continually upgrading its f

Taipei, April 2, 2012 (CENS)--Taiwan Takisawa Technology Co., Ltd., a maker in Taiwan of CNC (computerized numerically controlled) lathes and PCB (printed circuit board) drilling machines, recently landed orders from parent company—the Japan-based Takisawa Machine Tools Co.—which is trying to offse

L&W Machine Tools, Inc. is a specialist manufacturer of various kinds of CNC (computerized numerically controlled) machine tools for wide-ranging industrial purposes. The company’s machines are especially designed for tool room, small-batch mold and die production, as well as the automotive and aer

Yih Chuan Machinery Industry Co., Ltd., founded in Taichung City of central Taiwan in 1973, is a leading manufacturer of machine tools that markets globally under its own Extron label, offering mainly bench lathes, CNC and conventional milling machines, double-column machining centers, high-speed m

After suffering a long period of sluggish sales that began in 2009 as a result of the global financial crisis, Taiwanese manufacturers of machine-tool components and accessories rebounded with robust sales in the first three quarters of 2011 thanks to the robust recovery of the world economy. T

Since its founding three decades ago, You Ji Machine Industrial Co., Ltd. has been dedicated to developing a wide range of machines under its own brand “You Ji” that is sold globally, claiming to be Taiwan’s No. 1 brand in vertical lathes which have penetrated advanced markets as Japan and the Euro

Taipei, March 28, 2012 (CENS)--Thanks to the easing European debt crisis and the recovery of U.S. economy, Taiwan’s major manufacturers of machine tools have production lines almost fully booked for the second quarter of this year, and have begun negotiating orders for shipments in the third quarte