TMTS 2014: FEMCO to expand presence in the ASEAN market

FEMCO has a long history in the manufacture of machine tools in Taiwan. The company continuously promote its brand image by expanding its offices, and improving their technology to satisfy customers’ demands. In 2013, FEMCO established an office in Taichung City, the so-called industry capital of Taiwan, to advance its local market knowledge. The Taichung office serves many functions and one of them is the after service center. According to the company, profits grew in the second half of this year due to the increasing requests from local customers. Aside from the domestic market, which shares 20% of the sales volume, 50% of FEMCO products are sold to China, while the remaining 30% goes to the rest of the world including USA, India, Thailand, and Malaysia. In the future, Marketing Manager Mr Matt Yen said the company will focus its resources in the ASEAN market. In order to efficiently achieve this goal, FEMCO strictly evaluates local agents. Mr Yen collects requests for policy modification. 

In addition, Mr Yen revealed that FEMCO will expand its boring machine range in order to offer wider choices for customers. The company aims to strengthen its ATC system and machine processing competence to become a system provider rather than just a machine manufacturer.

FEMCO - Far East Machinery Co. Ltd 

Tel: +886-5 213 3166 

Fax: +886-5 220 5293 

E-mail: global@femco.com.tw 

Website: www.femco.com.tw 

Booth No. Hall 3-B305