TAIPEI, TAIWAN–(Marketwired – Apr 10, 2016) – Taiwan International Fastener Show (TIFS), the third-largest in the world and the second-largest in Asia, takes place from Monday, April 11 to Wednesday, April 13 at the Kaohsiung Exhibition Center. With 402 exhibitors in 1002 booths, the show’s scale will set a new record and draw nearly 1,900 International professional buyers in hopes of generating soaring sales in the fastener industry.
Organized by the Bureau of Foreign Trade of the Ministry of Economic Affairs, co-organized by the Kaohsiung City Government, the TIFS is carried out by the Taiwan External Trade Development Council (TAITRA) and the Taiwan Industrial Fastener Institute (TIFI). The show consists of four main sections: the Fastener Products Area; the Machine, Material, Mold and Hand Tool Area; the Foreign Companies Area and the Cross-Strait Area. Mostly exporting fasteners for industrial use and automotive fasteners, Taiwan has been actively making a transition in the past decade to produce products with higher value, such as those in aerospace, the medical field, the railway sector and more.
In the Fastener Products Area, there is Chun Yu, a representative manufacturer that focuses on special automotive fasteners (i.e. for suspension systems) and railway fastening. It has also made great progress in developing lightweight titanium screws for the aerospace industry and high-end automobile fasteners and assembly. San Shing Fastech supplies nuts to OEM manufacturers of international automobile brands, with Benz and BMW as its main clients. Sumeeko Industries is a Tier-1 supplier to Tesla Motors and General Motors, providing automotive fasteners for shock absorbers, chassis systems, the interior, sheet metal, exhaust pipes and more. National Aerospace Fasteners is known as one of the leading aerospace engine fastener manufacturers, along with three other companies; Alcoa Fastening Systems and Rings Aerospace, Bristol Industries and SPS Technologies.
Toward the end of last year, San Shing Fastech and Ying Ming Industry both obtained orders for trial productions at Boeing. This opportunity will truly assist them in entering the markets of fasteners for elemental aircraft components and aircraft interiors in the future. Anchor Fasteners Industrial, as the largest supplier of automotive and electronic rivets, rivet nuts and anchor bolts, has already successfully broken into the dental implant industry. Other prominent Taiwanese exhibitors that will attend the exhibition include the top furniture fastener manufacturer Zyh Yin Enterprise — who will have a grand-sized booth, Ray Fu Enterprise, Taikyu, Sheh Fung Screws, Tycoons Group, Unitech Products, Fang Sheng Screw, Chong Cheng Fastener, Homn Reen Eneterprise, Hwa Hsing Screw Industry, Sheh Kai Precision, Lu Chu Shin Yee Works and others.
The Machine, Material, Mold and Hand Tool Area will on the other hand display the future trends of fastener manufacturing equipment: larger in scale and a higher level of accuracy. One of the most reputable exhibitors attending the event is Chun Zu Machinery Industry with its signature brand “Lion,” displaying its developments in multi-operational cold-forging machinery. Hosting manufacturers from all aspects of the fastener production process to allow foreign buyers access to everything they need in one place will be such remarkable companies as Jern Yao Enterprise, Nufast Logistics, Ching Chan Optical Technology, Wen Yang Machinery and more. To allow the show to be more globalized, an area for foreign companies has been incorporated for the first time with booths for Japan, the U.S., Austria, Italy, India, China and other countries.
Furthermore, a Global Fastener Leader Summit will be held on the first day of the three-day show, gathering professionals from around the globe to make up a list of strong line-up speakers, which will include Dr. Volker Lederer from the European Fastener Distributor Association (EFDA), Marc Strandquist from the National Fastener Distributors Association (NFDA) in the U.S., Dr. Gian Marco Dal Pane from the Italian Union of Fastener Distributors (UDIB) and Taiwan’s TIFI chairman Anchor Chang. All speakers promise to give enlightening speeches on future trends in the industry and ways to tackle current challenges the industry faces. A sum of over 300 representatives from the 16 regions of Taiwan, the U.S., Germany, Italy, the UK, Canada, India, Indonesia, China, Hong Kong, South Korea, Malaysia and more, have signed up for the summit. All talks will be broadcast live on the event’s official site.
The 60 plus overseas offices of TAITRA have invited worldwide constituents from the fastener industry to participate in this year’s show, where up until now, over 1,800 foreign buyers have registered on the official site of TIFS. Thirty four of these buyers, from the U.S., Canada, Germany, Japan, Italy and other countries, come from companies that have an annual turnover of more than US$ 100 million. Altogether, with two buyer groups from Italy and India, a total of 1,900 buyers are expected to visit the show. This bustling biannual event also anticipates increased revenue for local businesses near the venue. Kaohsiung’s star-rated hotels, such as the Grand Hi Lai Hotel and the 85 Sky Tower Hotel, have exceeded a 90 percent room-booking rate.
To join Global Fastener Leaders Summit LIVE, visit: https://goo.gl/LmjdU3
Founded in 1970 to promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit trade promotion organization in Taiwan.