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Order Placements of Taiwan’s Machinery Factories Full to the End of Year

Source: Taiwantrade | Updated: 03 November 2010

As the economy continues to turn better, the revenues of Taiwan’s large machinery factories in September also grew. The September revenues of Fu Chun Shin Machinery Manufacture Co., Ltd. and Tongtai Machine & Tool Co., Ltd. have kept at the second highest monthly level of this year. The order placements of other machinery factories such as Kao Fong Machine CO., LTD. and SHIEH YIH MACHINERY INDUSTRY CO., LTD. at the moment are also high, and they have expressed optimism for the performance of the fourth quarter.

Kao Fong Machine pointed out that due to the delay of September orders caused by high volume, the October revenues would reach a new high. Nearly 50% of Fu Chun Shin Machinery’s order placements came from China, and the total order placements of the company at present exceed NT$700 million (US$23 million). The revenues of the fourth quarter are thus anticipated to be high as well. Tongtai Machine & Tool has benefited from the huge increase in PCB driller order placements, as well as large amount of auto-parts order placements from China. The company’s September revenues were close to the second highest monthly level of this year. Right now, the order placements of Tongtai Machine & Tool are over NT$2.4 billion (US$80 million). The company will have no worries about order placements to the end of the year.

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