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Taiwan Machine Tools | July 21, 2017

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Taiwan Machine Tool Makers Pursuing Future Excellence with Japan

Taiwan Machine Tool Makers Pursuing Future Excellence with Japan

Tokyo, November 17, 2016 – JIMTOF is Asia’s biggest machine tools show. This year, 75 Taiwanese exhibitors participated in JIMTOF, which accounted for one-fourth of the participating overseas exhibitors.

80% of Taiwan-made machine tools are exported to over 138 countries across the world, making the small island nation of Taiwan the world’s 5th largest exporter of machine tools in 2015.

In pursuit of excellence, three outstanding machine tool makers, namely Goodway, Tongtai, and Cosen, shared their achievements in helping build a better and smarter future at a press event organized by the Bureau of Foreign Trade (BOFT), Ministry of Economic Affairs and hosted by the Taiwan External Trade Development Council (TAITRA) and the Corporate Synergy Development Center (CSD).

Taiwan has the world’s No.1 machine tool industry cluster, which is located in Taichung and is known as the “Golden Valley". The site covers an area of 60 square kilometers and hosts more than 1,000 precision machinery manufacturers and more than 300,000 professionals working in the region who are dedicated to developing the metalworking industry, from upstream to downstream whose annual output has already reached 4 billion US dollars annually.

With such advantages, Taiwan has become one of the leading countries in machine tool development. And thanks to the efforts of the industry to constantly upgrade technology and maintain cost efficiency, the local industry was ranked world’s 5th largest exporter of machine tools in 2015.

Wu Chun-tse, director of the Taiwan Trade Center in Tokyo, said, ”Total exports of Taiwan-made machine tools and components to Japan reached 195 million US dollars in 2015. According to a Japan Machine Tool Importers’ Association (JMTIA) report, Taiwan is Japan’s 3rd largest machine tools import partner. Compared to that in 2014, the annual growth rate in 2015 reached 17%.

Meanwhile, Japan is Taiwan’s most important import partner, which accounts for US$ 400 million worth of machine tools and accessories annually. We can see a strong connection between the two countries, and a prosperous future is to be expected.”

Honorary Chairman of the Taiwan Machine Tool & Accessory Builders’ Association (TMBA) Edward Yang noted, “The development of the Taiwan machine tool industry was influenced and inspired by Japan 80 years ago. So instead of using competitor, alliance would be a better word to describe the relationship between Taiwan and Japan. The numerous Japanese companies which have investments or business operations in Taiwan are a testament of the inseparable relations between the Taiwanese and Japanese machine tool industries. I believe we can create a win-win situation by facilitating Taiwan-Japan technology exchanges and enhancing distribution on product line. ”

Meanwhile, the Corporate Synergy Development Center of Taiwan will be hosting a special machine tool component industry presentation and business networking event, along with several outstanding manufacturers of machinery components from Taiwan as key presenters. This will take place on Nov 21, 2016, at Conference Room 701 starting at 1:00 pm. The highlights of the industry presentations will focus on gears, cutting tools, indexing plates and other machinery components.

Goodway, Tongtai and Cosen at press event:

Goodway Machine Tool Group

Goodway introduced their latest new launch product, synchronize motion 5-axis mill-turning machine, which will be demonstrated in TIMTOS 2017. This machine combined milling and turning function and Goodway is the leader of this technology in Taiwan. Also, 5-axis High Speed Gantry Machining Center can do high speed machining with agile response to different shape.

They self-developed intelligent i Console software enhancement system provides with a user-friendly interface, real-time machine status information and dialogic functions. It not only effectively reduces complex working process but also increases intelligent machining abilities.

Tongtai Machine & Tool Co., Ltd.

Tongtai started by producing special machines. Today, it is one of the leading machine tool companies in Taiwan. They focus mainly not only on automotive industry and will also develop on aerospace industry for the next few years. The company continuously develops advanced technology, ultrasonic machining, and laser and metal 3D printing and offer variety of turnkey solutions in order to meet different needs from customers. The flexibility is one of their advantages to compete with other makers.

Tongtai’s Taiwan Excellence award-winning machines have quality and performance that can be compared with Japanese made models, but are priced more competitively.

COSEN MACHINERY INDUSTRIAL CO., LTD.

Cosen introduced their innovated patented APP–SMARTSAW that integrates computing technology, sensor and cloud technology to monitor the conditions of the tools and productivity and secure machine’s health status. With the APP, users can experience high efficiency that is “material saving”, “time saving”, and “labor saving”.

Press Contact:

Mr. Tanimoto

PRAP

Tel.: +81- 3-4570-3191

E-Mail: taitrajp_pr@ml.prap.co.jp

Ms. Jeili Jeng

TAITRA

Tel.: +886 -2- 27255200 #1560

E-Mail: jeili@taitra.org.tw

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