Friend Aims at World No.1 in 2018
manufacture, product, brand – the four focuses for FFG moving forward to high
end product and services, which leading to an annual turnover amounting more
than US$ 3.5 billion.
Daily News – June 2nd, 2011
growing FFG is aiming high at a grand goal of the largest machine tool builder
in the world with revenue more than US$ 3.5 billion by 2018. Increasing
distribution channels, increasing manufacturing plants, expanding product lines
and global branding are the four major orientations with which FFG is reaching
to its target.
Chu, Chairman of FFG, indicated that FFG owns 24 production sites located
around Taiwan, China, Japan, Italy and the US. More plants are coming up in
Germany, Spain, Turkey, India, Korean, Brazil, Vietnam and Russia, in order for
a broader coverage of production. In China 3 manufacturing strongholds are
Zhejiang Province Xiaoshan, Xiasha
and Jianin. Before 2018 FFG is going to run more than
40 production plants, which is a significant advantage of productivity.
for global distribution and service network, new offices and service centers
are to set up in India, Germany, Japan, Italy and the US.
marketplace becomes extremely competitive in the recent years. FFG now has
taken the lead in the field. It’s scheduled before 2018 to build 200 service
centers throughout China and each center is capable of providing technical
supports, after-sale services, personnel training and turnkey project.
far FFG’s product lineup covers CNC machining centers, double column machining
centers, grinders, boring and milling centers and so on. To provide a diverse
and complete product line, large boring machines, lathes, EDMs, presses,
plastic injection and other forming machines are to be included. Besides,
electronics production equipment is another focus; machinery for touch sensing
panels, display panels, solar energy, LED, IC and even aerospace products.
emphasized from middle to high-end, from hardware manufacture to software
integration, Fair Friend owns advantages from complete product range and
technical supports. Therefore Fair Friend is confident of becoming the world
light of ECFA and China’s 12th 5-Year Plans, Taiwanese machinery
manufacturers enjoy great opportunities. ECFA has put into practice this year
and it is tariff free for Taiwan to export machinery to China. Based on the
same reason, Japan and Korea seek for more cooperation with Taiwan. Taiwan has
adequate experience in R&D and international marketing, China provides a
huge market and subsidiaries from its policies. The combination pictures
promising prospects than ever.