Screwtech Industry Co., Ltd. Has The Total Solution to Create Various High Value Added Special Parts
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With nearly 20 years of company history, Screwtech Industry Co., Ltd. has operations in Southern & Northern Taiwan and China. Its headquarters for every business and engineering service is located in New Taipei City and its operation in Southern Taiwan, mainly for manufacturing, is located at Gangshan Benjhou Industrial Park. As for the R&D, it is simultaneously done in both of its operations in Taiwan. Screwtech has four factories in China, located in Wujiang, Shuyang, Xiamen and Chongqing, with a total factory area of 200,000 sqm.
Screwtech is specialized in various precision special screws and its major products are automotive and motorbike fasteners, representing 60% of its sales. 3C and SEMS fasteners are its major products as well. Its average monthly production volume in Taiwan is 65 million pieces and it usually uses copper, stainless and carbon steel for production. The proportion of its domestic sales to export is 2:8 and its products are mainly exported to Europe and USA (60% to Europe and 40% to USA).
Being Well Prepared for the Future with Investment in New Facilities and Following New Trends
Screwtech purchased 2 multi-stroke machines in 2015 in order to increase the fastener manufacturing capability from M10 to M14. In addition to manufacturing equipment, Screwtech also purchased a new 3D inspection instrument in 2016 for quality control. It is also considering purchasing a new optical sorting machine, so that it can complete packaging right after inspection, which can not only speed up the process, but also reduce the labor cost without worrying materials mixing. Screwtech expects to create a more efficient and complete production line by adding more CNC machines for secondary processing in the future. Every technical specialist of Screwtech is required to have a measurement instrument with him/her at all times for instant on-site inspection. All of these investments are for satisfying strict quality requirements from customers.
The factories of Screwtech in China are not for export, however, they all have complete production facilities. Owing to certain policies and tariffs and in order to effectively increase its production and integrate its capacity in China, Screwtech has gradually made its orders for large-volume, low-price and low-end screws to be processed by its factories in China, while other orders for high-tech special parts are still processed in Taiwan, so that nobody else can copy its technology. On the other hand, the total cost of Screwtech in the beginning of 2017 has increased by 7% (mainly caused by exchange rate), hence, in order to react to the current market changes, Screwtech will move toward intelligent technology and automation. In addition to electronic and automotive fasteners, Screwtech will also move toward the development of high value added medical and aerospace fasteners.
Always Ready for Any Special Part Manufacturing Challenge
Manufacturing a special part is not to do what the customer’s drawing says only. In each case, you have to spend much time in discussion with customers, not to mention the modifications time after time. General manager Fion Peng said, “One customer once contacted us for manufacturing a bullet-shape fastener. After a long period of discussion, the price Screwtech quoted was very cheap and even the customer could not believe it, as he thought that a product processed through so many steps couldn’t be that cheap, which was even lower than the prices other competitors could offer. This shows Screwtech’s manufacturing capabilities better than other competitors. The design of molds & dies also helped Screwtech save the extra cost for customers, as the secondary operation was not needed.”
For Screwtech, every day is the day for the development of special parts. Its capability of developing so many products has even made lots of customers think that Screwtech is a trader rather than a manufacturer. Around 70% of Screwtech’s customers are foreign importers and the rest of 30% are end users. Screwtech welcomes any collaboration with customers having the request for OEM. The possession of various machines enables Screwtech to manufacture products quickly and expand its product offering as more as possible. When any error occurs, it is also able to fix it. Many customers having very difficult problems will also contact Screwtech for solutions, which means customers’ trust in Screwtech and that they are confident that Screwtech can help them fix any of their problems.
Screwtech contact: Ms. Fion Peng (email: fion@screwtech.com.tw)
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