News articles

Taiwan to outnumber South Korea as the world's no.5 machine tool producer

Taiwan will replace South Korea as the world's fifth-largest producing nation of machine tools this year, according to the Taiwan Association of Machinery Industry (TAMI). The TAMI made the projection in accord with the survey results of the world's 22 major machine-tool manufacturing nations prepared by the US-based Association of Manufacturing Technologies (AMT).

CENS.com

China: Comparison of China's machine tool industry agains rivals

According to experts, the technical skills of China's machine tool makers need to be improved in order to compete in the global market. Today, dramatic output and sales growth cannot offset the surging demand for imported machines.

2456.com

Taiwan saw exports of machine tools grow 20.8% in first half of 2008

Taiwan exported USD 1.9 billion worth of machine tools in the first half of this year, representing a 20.8% year-on-year growth, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF). Of this, exports for metal-cutting machine tools totaled USD 1. billion in the first half of this year, up 22.7% annually. Exports for metal-forming machine tools came to USD 393 million, up 13.7%.

CENS.com

Five Indian machine tool companies among top 115 worldwide

Metal Working Insiders Report published the list of top 115 Machine Tool companies across the world based on their financial results. Five Indian Machine Tool companies found place in the list. With a turn over of USD 98.1 million Ace Micromatic Group is placed at the 83rd position. Ace Micromatic Group, the largest machine tool builder in India has Ace Designers, Ace Manufacturing Systems, Micromatic Grinding , Pragati and Micromatic in their group.

MACHINIST.IN

China: More consideration for the Chinese die and mould industry

China's mould industry is facing a number of adverse factors. The rising cost of raw materials and employees has narrowed mould-manufacturing enterprises' profit margin, while they are also badly short of high-tech mould talent.

2456.com

China: Machine tool manufacturers raise their game

The Chinese machine tool industry is coming of age, with companies pursuing a larger presence internationally since China became a net exporter last June. The industry, with a total output of USD 39.9 billion in 2007, up 35.5 percent from 2006, is aggressively expanding into overseas markets through acquisitions and is increasing spending on research and development.

China Daily

Taiwan: Robotics sector rises at trade fair

With its developed mechanical and electronic information industrial system, outstanding manufacturing capabilities, optimal cost control, and proximity to the Chinese market, Taiwan's robotics sector is ideally positioned to benefit from a growing demand for artificial intelligence products.

Taiwan Journal

Taiwan's machinery exports up 3.7% in first two months of 2008

Taiwan exported US$2.538 billion wroth of machinery in the first two months of this year, representing a year-on-year growth of 3.7%. Machine tools ranked first with export value reaching US$534.9 million

CENS.com

Taiwan moves up in CNC machine tool market

Spurred by the increased demand for automated production equipment around the world, Taiwan`s machine-tool manufacturers are accelerating development of a variety of CNC models with outstanding results.

CENS.com

India: Rajkot machine tools industry is growing at 20%

There are around 500 machine tools manufacturing units in the Rajkot GIDC of which six make CNC machines. According to sources, around 40 per cent of the machines manufactured in the Rajkot GIDC are sold in the export market.

Business Standard

India: Robust manufacturing spurs machine tool industry growth

Burgeoning growth in the manufacturing sector over the last four years has pitchforked the Indian machine tool industry into the global market. The boom in automobile and auto ancillary sectors has resulted in huge consumption of die-moulds and cutting tools, accounting for 50% of the total production last year.

The Economic Times

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