Click here to close now.




















Welcome!

News Feed Item

Taiwan to Showcase Machine Tool Innovations at IMTS 2014

World's 4th Largest Exporter of Machine Tools Will Be Represented by More than 80 Companies; Press Conference & Panel Discussion Will Take Place Sept. 10

CHICAGO, Sept. 4, 2014 /PRNewswire/ -- As the world's fourth largest exporter of machine tools, Taiwan will have a major presence at the 2014 International Manufacturing Technology Show (IMTS) running Sept. 8-13 at Chicago's McCormick Place. More than 80 companies from Taiwan will be exhibiting, and executives from some of the country's leading machine tools and accessories builders will present their latest products, innovations and insights on industry trends at a press conference and panel discussion at the show on Wednesday, Sept. 10. The event – "Taiwan Machine Tools Shaping the Future" - is scheduled from 1:30-3 pm in the South Building-Level 4, Conference Room S402.

Topics to be covered at the press conference and panel discussion include:

  • Winners of the Taiwan Machine Tools Industry awards for excellence in innovation
  • Key machine tool trends in aerospace, automotive and other industries
  • Taiwan's contributions to those trends

The moderator will be Alan K. Lu, Executive Director/Chairman, Machine Tools Committee of the Taiwan Association of Machinery Industry (TAMI) & Kent Industrial Co., Ltd. Panelists will include Brian Arcari, President, YCM Americas Inc.; James Huang, Manager, TONGTAI Machine & Tool Co., Ltd.; Randy Ragnini, Director of Sales, Toyoda Machinery USA; and others.

The event is organized by the Bureau of Foreign Trade and implemented by the Taiwan External Trade Development Council.

TAIWAN'S MACHINE TOOL INDUSTRY is helping solar energy plants, major semiconductor manufacturers, panel industries, multinational car makers and many others innovate and increase their competiveness through advanced machine tool products. Nearly 80% of the total machine tools output last year was exported to over 138 countries. In 2013, Taiwan had total machine tool exports of more than US$3.5 billion and total machine tool component exports of more than US$1 billion. The U.S. is the second largest export market for Taiwan machine tools after China/Hong Kong, followed by Thailand, Turkey, Germany, Indonesia, South Korea, Malaysia, Russia and the Netherlands.

In 2013, exports of Taiwan-made lathes and turning machines to the U.S.  reached US$1.187 billion. Taiwan also supplied 10.93% of the total U.S. machining center requirements, valued at some US$141.42 million. Machining centers ranked third in Taiwan-to-U.S. machinery exports.

In the area of machine tools, Taiwan shipped US$418.79 million worth of goods to the U.S. in 2014 with continued growth in 2014. That included US$236 million in U.S.-bound machine tool shipments in the first seven months of 2014, up 5.2% over the same period in 2013; and US$45 million worth of machine tools in July 2014 alone, a remarkable 63.7% increase over the previous July.

The industry's growth is being driven in part by world-class industry clusters in the country's Golden Valley, which is home to more than 1,000 precision machinery manufacturers and upwards of 10,000 downstream suppliers that employ more than 300,000 people. With an annual output of $3 billion, the Golden Valley has the highest output value per unit area and the highest density of any machine tool industry cluster in the world.

About Taiwan External Trade Development Council (TAITRA)

The Taiwan External Trade Development Council was founded in 1970 to promote Taiwan's foreign trade and competitiveness in world markets. Over the past 40 years, TAITRA has played a key role in the development of the Taiwan economy. TAITRA is jointly sponsored by the government and commercial associations and is viewed by all as the business gateway to Taiwan for the international business community. Please visit http://www.taiwantrade.com.tw/ for more information.

SOURCE Taiwan External Trade Development Council

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of I...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...