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Technical Sales: Tracy Lee Once we have received sufficient information, we will provide a quotation within a week. If the quotation is acceptable, We will have a sample made and shipped to required destination. Upon approval of sample, we will have the product made and shipped. The time from acceptance of quotation until receipt of sample is usually 2-4 weeks. The time from approval of sample until receipt of production for the first order is usually 120-150 days.Subsequent orders are usually 70-100 days.

Contact info:
Tracy A. Lee

111 NE 11th Street   Map
Grand Prairie, TX 75050
Tel: (972) 602-1478
Fax: (972) 660-2845
tlee@firstexind.com

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News from the Import Industry

August 04, 2010

Taiwan Machine-tool Industry`s Exports Grow 45% in First Five Months

Taipei, Aug. 3, 2010 (CENS)--Taiwan exported US$1.029 billion of machine tools in the first five months, up 45% year-on-year from US$710 million, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF).

Exports of metal-cutting machine tools came to US$789.67 million, up 47.2% and that for metal-forming machine tools amounted to US$239.48 million, up 38%.

Exports of machining centers grew 69.3% year-on-year in the first five months, lathes jumped 7.3%; grinding machines up 78.9%; drilling, boring and milling machines up 58.5%; presses and shearing machines up 31.3%; and other metal-forming machines up 65.7%.

China and Hong Kong together was the largest export outlet by absorbing US$482.73 million of Taiwan-made machine tools in the first five months, up 108% from a year earlier and accounting for a whopping 46.9% of the total exports. The U.S. was second at US$44.4 million, down 34.3% and commanding 4.3%. India was third with US$43.81 million, up 107% and accounting for 4.3%.

Other major export outlets in the same period, in descending order, were Thailand, Brazil, Malaysia, South Korea, Turkey, Indonesia, Vietnam, Germany, the Netherlands, Italy, Japan and Australia.

The TMTF`s tallies also show Taiwan imported US$215.18 million of machine tools in the first five months, up 64.8% year-on-year. Of this, imports for metal-cutting machine tools came to US$176.47 million, up 70.6% and that for metal-forming machine tools amounted to US$38.71 million, up 42.9%.

Japan was the largest supplier by selling US$129.71 million of machine tools to Taiwan in the first five months, up 130% year-on-year and accounting for 60.3% of the total imports. Germany was second at US$19.91 million, down 15.3% and commanding 9.3%. China and Hong Kong together were third with US$12.9 million, up 40.8% and commanding 6%.

(by Ben Shen)

http://cens.com/

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