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 of machine-tool makers on the island have crossed the NT$10

Chuan Yao Machinery Co., Ltd., founded in 1980 in central Taiwan, is a specialist manufacturer of precision machinery components with high machining capacity. The company has installed a spate of state-of-the-art production equipment and inspection instruments to ensure versatility of its products.

L&L Machinery Co., Ltd., a major manufacturer of heavy-duty lathes in Taiwan, aims to generate revenue of some NT$1 billion (US$32.25 million) in three years with its subsidiary by diversifying into combo machining centers and machine tools to process large components for renewable energy equipment

The Taiwan Association of Machinery Industry (TAMI) and the China Machine Tool & Tool Builders’ Association recently signed a memorandum to enhance cooperation between machine-tool makers in Taiwan and China. The agreement was signed in Taipei during a meeting of the Cross Strait CEO Summit that

Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan’s biggest machine-tool maker by revenue, said the group will add five factories in 2015 through acquisition or partnership at cost exceeding US$100 million to expand into machine tools for mobile device casings. The group is in talks with

By STEVE CHUANG The Japan International Machine Tool Fair (JIMTOF) 2014 was held on October 30 through November 4 at the Tokyo Bight Sight (Tokyo International Exhibition Center). Considered one of the largest and most important trade fairs in the global machine tool industry, the event drew mor

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 approved an investment of NT$600 million (US$20 million at NT$30:

Fair 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 2020, according to group chairman Jimmy Chu. Having se

Landing better-than-expected orders at the Taiwan International Machine Tool Show 2014, held Nov. 5-9 in Taichung, central Taiwan, Taiwan’s leading machine-tool builders are upbeat about business in Q1, 2015. Chairman D.H. Yang of the Goodway Group said its Goodway Machine Corp. and Awea Mecha

Fukuno Seiki Co., Ltd. is a contract supplier of machine tools, specializing in midsize CNC vertical machining centers and CNC lathes outfitted with spindles having a maximum through-hole diameter of nine inches. Its machines are designed for industries including car making, aircraft manufacturing,

The Fair Friend Group (FFG) will launch initial public offering (IPO) in Taiwan in 2017, to be Taiwan’s largest listed machine-tool manufacturing conglomerate by market revenue. With KGI Securities as the IPO underwriter, FFG will set up a holding company by the end of 2014 to operate all subsi

By STEVE CHUANG The Japan International Machine Tool Fair (JIMTOF), held biennially in Tokyo Big Sight (Tokyo International Exhibition Center) to highlight advanced machine tools and related technology developed in Japan and throughout the world, has built a reputation among professionals as one

Yu Ting Co. was established in 2012 as a manufacturer of various industrial parts mainly on an OEM (original equipment manufacturing) basis. It is located in Taiwan’s central county of Changhua. Despite its tender age, the manufacturer is capable of applying lathing, milling, threading, and dril

Taiwanese 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 into an opportunity. The yen's value plummeted to a six-y

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 China's machine-tool market. Construction on the facilities, whi

Eleven machine-tool makers in Taiwan have formed an alliance, spearheaded by the Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., to develop machines to process aircraft precision parts, which is likely to help enhance added-value for the island’s machine-tool industry.

Founded in 2012 as a subsidiary of the Foxconn Technology Group, King Giants Precision Ind. Co., Ltd. makes high-speed super-precision rotary modules, high-speed super-precision linear servo motion modules, high-speed super-precision linear mechanical motion modules, numerical control rotary module

Spearheaded 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 the island’s aircraft-parts industry, to potentially genera

By STEVE CHUANG Shifting locales of global furniture production to emerging countries over the past few decades has profoundly uprooted market dynamics, with out-migration of Taiwanese furniture makers over the years also having destabilized the erstwhile prosperous furniture industry in Taiwan.

Set up in 2005 in Taichung, central Taiwan, Dynaway Machinery Co., Ltd. began promoting in machine tools and accessories in 2012. The company provides total solutions for parts and mold machining, serving as a one-stop shop offering a comprehensive line of specialized machine tools and peripherals

Founded in 1972, Gong Yang Machinery Co. specializes in three categories of machine tool components: cutter heads and accessories for traditional double-column milling machines, cutter heads and accessories for CNC double-column milling machines, and cutter heads for floor-type boring and milling m

Fukuno Seiki Co., Ltd. is a contract supplier of machine tools, specializing in midsize CNC vertical machining centers and CNC lathes outfitted with spindles having a maximum through-hole diameter of nine inches. Its machines are designed for industries including car making, aircraft manufacturing,

The 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 in Q4, 2014 and Q1, 2015. The Taiwanese exhibitors includ

Fwu Yih Brass Enterprise Co., Ltd. was established in 1989 and specializes in developing and manufacturing copper products and parts for wide-ranging applications including plumbing fittings, faucets and shower equipment, sprinklers, agricultural machinery, air and electric tools, automobiles, and

Fwu Yih Brass Enterprise Co., Ltd. was established in 1989 and specializes in developing and manufacturing copper products and parts for wide-ranging applications including plumbing fittings, faucets and shower equipment, sprinklers, agricultural machinery, air and electric tools, automobiles, and

Taiwanese machine-tool makers Hiwin Technology Co., Ltd. and Fair Friend Group will engage in acquisitions overseas in the second half (H2) of the year to support robotic projects and build global presence. Hiwin, a major maker of ballscrews and precision components for machine tools in Taiwan,

By KEN LIU At a time when machine-tool makers are rushing to introduce machines that are more durable, more precise, faster, and more energy-efficient, Taiwan’s parts makers are rushing just as fast to offer the improved components they need. Marox Tools Industry Co., Ltd., founded back in 19

By STEVE CHUANG According to insiders there is growing demand globally for high performance, energy-efficient, low labor input and compact machinery. And lots of Taiwanese extrusion machine makers are rising to such challenge to develop top-caliber models that help users to achieve high profit a

By KEN LIU Taiwan’s machine-tool makers are rushing to keep up with market trends and address the issues of labor cost, production efficiency, and quality by introducing machines that are ever-more automatic, intelligent, and efficient. Already the world’s No. 4 machine-tool exporter with exp

With China and Korea stepping up bilateral negotiations to strike a free trade agreement (FTA), Taiwan’s Ministry of Economic Affairs (MOEA) warns that about one-fourth of the island’s export orders from China may be diverted to S. Korea once the FTA becomes effective. MOEA said that China last