PROFITABLE PURCHASES:The company aims to grow annual sales by 5 percent, after reporting a 4.3 percent increase last year following the acquisition of two firms
Date: Mar 09, 2017
By: Kuo Chia-erh / Staff reporter
Tongtai Machine and Tool Co Ltd (東台精機), one of the nation’s leading machine tool makers, yesterday said it would commercialize its 3D printing technology this year, setting an annual sales target of NT$200 million (US$6.48 million).
Headquartered in Kaohsiung, the 48-year-old company is the world’s second-largest maker of processing systems for printed circuit boards after Japan’s Hitachi Via Mechanics Ltd.
Tongtai said it would be able to manufacture 3D metal printing equipment through collaboration with US-based Optomec Inc, a system supplier for 3D printed metals and printed electronics.
“3D metal printing equipment is expected to be Tongtai’s next sales catalyst,” company spokeswoman Lulu Yen (嚴璐) said at the Taipei International Machine Tool Show.