LAS VEGAS--(BUSINESS WIRE)--TAITRA, along with Taiwanese hand tool manufacturers, will continue showcasing their innovation and competitiveness in a challenging industry during the 2017 National Hardware Show. The show will be held at the Las Vegas Convention Centre. Visitors to the exhibition can gain a firsthand look at the diversity of Taiwan’s industry at the Taiwan Excellence Pavilion (booth number 1420) from May 9th to 11th.
Taiwan’s hand tools are still growing exports in an economically
In 2016, Taiwanese hand-tool makers saw exports of US$3.06 billion, which represents a 8.51% growth over 2015. The USA is still the largest destination for Taiwanese hand tools, taking in 29.6% of overall exports, followed by China, Germany, Japan, and the UK, respectively. In regards to the largest sources of the USA's imports, Taiwan is the fourth largest importer into the USA. In 2015, the value of imports reached US$0.7 billion (7.8% of all tools imported into America). Despite the economically challenging environment, the value at which the USA imported from Taiwan still grew by US$0.07 billion (9.8%) in 2015. These figures point to Taiwan’s sustained development in recent years.
Taiwan can meet demands in the connected hardware market with its IT
credentials and the ability for customization.
Taiwan is especially good at creating multifunctional, all-in-one products, with the ability to make small-volume productions for a wide range of items. Today, Taiwanese companies are fusing together products with digitalization, meeting ever-changing trends with innovation. Around 80% of Taiwan’s 600 hand-tool manufacturers are gathered in Central Taiwan, providing a collaborative and fast responding supply chain for the whole industry. All this activity falls within a 10 km radius. It includes a comprehensive supply chain and seamless integration between central and satellite factories. The flexibility of its supply chain allows Taiwanese hand-tool companies to meet any demand in manufacturing, such as molds, heat treatments, surface treatments, plating, and packaging. Most importantly, Taiwan’s exceptional IT infrastructure makes it easy for the local industry to rapidly adapt to any new technologies in the market.
Taiwanese hand-tool manufacturers take advantage of the strength of this integration and its IT credentials, ranking Taiwan 1st in sockets and associated components, 6th in hand-tool exports and 3rd in unit price worldwide.
Taiwan Excellence Pavilion details:
- Location: Booth #1420, Central Hall, Las Vegas Convention Centre
- Address: 3150 Paradise Rd, Las Vegas, NV 89109
- Time: May 9th-11th, 2017
Companies featured at the Taiwan Excellence Pavilion:
Since its inception in 2002, Ching Yuang has been in the light industry for over 15 years. Ching Yuang engages in developing lighting that helps people improve their workplaces and lives. Brightening your nights through warm, glare-free lighting.
LED Balloon Light Mini: The exclusive LED energy saving light provides warm and glare-free lighting. Offers a quick response to any urgent needs and has a waterproof battery power supply. It’s compact and easy to transport.
Comlink Electronic Co., Ltd. was founded in 1983. The founder was inspired by jetfighters and has been dedicated to replacing gas engines with BLDC motors in industrial applications. Today, a series of new products, such as their brushless DC leaf blowers, BLDC grass trimmers, BLDC hedgers, and BLDC chain saws, are ready for a better tomorrow. Comlink is striving for making the best products while also being environmentally friendly.
Comlink BLDC Grass Cutter: It is small and lightweight (2 kg). It emits no air pollution, it’s quiet and has little vibration. One important feature is that it has almost the same cutting power as a 43 c.c. gas engine cutter.
As a leading aluminum folding ladder manufacture since 1990, Dofair is fully capable in assisting customers with developing new concepts into practical products. In additional to GST/TUV approval, Dofair’s ladders also comply with American, Australian, and Japanese regulations, including ANSI, AN-ZS, and JIS. Each year, Dofair continues developing safer and better products for their customers.
Telescopic Folding Ladder with Extending Feet: It can be used as stairway, a 90° ladder, an A-frame ladder, and as an extension ladder. It has 4 independent extending legs. Product has passed GS Approval (150 kg loading rate).
Sheng Tai Brassware
Sheng Tai Brassware Corporation (ST) was established in 1976. ST is dedicated towards designing bathroom products, and has established its own brand in the market, Justime. The brand has gained many global awards, such as the Red Dot Design Award, iF Design Award, Chicago Good Design Award, Design Award of the Federal Republic of Germany, and IDEA Award.
Lucky 7 Shower Mixer: Its geometric shape and inner aerator make it succinct and well balanced. The handle is easily grasped when wet and the spout can be adjusted to fit different sized washing basins.
The Taiwan Hand Tool Manufacturers’ Association was founded in 1977. The association has established itself as the cornerstone of the world’s hand-tool supply chain. Through forging strategic alliances, the association has not only harnessed the individual prowess of small- and mid-sized Taiwanese enterprises, but has also reaped synergistic benefits from improved manufacturing efficiency, research, innovation, and market position.
Information about Taiwan Excellence, the Bureau of Foreign Trade, and TAITRA:
The symbol of Taiwan Excellence was established in 1992 by Taiwan’s Ministry of Economic Affairs (MOEA), and subsequently the Taiwan Excellence Selection was launched the following year. The selection is based on the distinct criteria of R&D, quality, design, and marketing. Taiwan Excellence awarded products are chosen for their cutting-edge innovation, and are used to represent Taiwan on the international stage to reinforce the buyer’s confidence and continue building a favorable impression for Taiwanese products worldwide. This year marks the 25th selection, making the symbol of Taiwan Excellence, highly reputed throughout the world, a prestigious brand for enterprises in Taiwan striving for worldwide recognition.
For more information, please visit: www.taiwanexcellence.org.
Bureau of Foreign Trade, MOEA
The Bureau of Foreign Trade (BOFT), under The Ministry of Economic Affairs (MOEA) of Taiwan, is responsible for implementing policies and regulations governing foreign trade, economic cooperation, and foreign investments. Established in January 1969, the BOFT's role and position have undergone continual adjustments to meet the needs of the shifting international economic and trade environment. The BOFT has been guiding and working with the Taiwan External Trade Development Council (TAITRA) in numerous trade promotion projects and activities both internationally and domestically. Having worked closely with TAITRA for many decades, the BOFT continues to entrust TAITRA with various critical government projects relating to trade and investments, promoting Taiwan on every international aspect.
Taiwan External Trade Development Council
Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwanese businesses with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network consisting of over 1,200 trained specialists stationed throughout its Taipei headquarters and 60 branches worldwide. Together with its sister organizations, the Taiwan Trade Center (TTC) and Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective promotion strategies.