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TaeguTec, New Normal for New Developing China

Resource from:  TaeguTec Likes:149
Jun 09,2015
CIMT 2015 Showcases TaeguTec’s High-quality Cutting Tools that Shape Future of China TaeguTec’s participation at this year’s largest and best-known international machine tool exhibition in China, the China International Machine Tool Show, also known as CIMT 2015, witnessed an increase in visitors asking about the company’s newest, technologically advanced cutting tools. This shift in demand from China’s traditional inquiries of low-cost ISO tools to cutting tools that last longer and produce more has a direct correlation with the global and local economic condition. The global economy is in a process of profound change and rebalances while, after 30 years of high-speed development, China’s economy is entering into a new developing stage in tandem with the dissolve of its long term accumulated contradictions of extensive growth. With old developmental and economic models exhausted, China’s next step is focusing on long-term healthy advancements based on economic development. After over a decade of high speed growth, China’s machining industry is undergoing a serious adjustment and transformation due to the significant change of the global market climate and other growth factors. While some manufacturers are still dealing with older machines and cutting tools, other companies in China’s massive automotive sector, its ever growing mold and die industry, its rapidly advancing power generation and wind power industries and important rail sector are looking towards the future, knowing very well that their survival and growth not only in China, but on the world stage, revolves around upgrading their machining practices. At CIMT 2015, which ran from April 20-25 at the China International Exhibition Center (New Venue) Beijing, a record amount of attendees meandered through the throng of visitors, cutting tool suppliers and machine tool builders to find their way to companies they know and trust will help them adjust their current structure so that they could walk on the sustainable development road by means of using technologically advanced tools. To help these companies achieve their target of increasing productivity at a lower cost, TaeguTec’s hottest focus products where modeled along with the best and brightest engineers in the business able to answer questions regarding their machining conditions no matter the materials used, and that includes CFRPs and new materials such as high-temperature alloys used in the auto sector that have given most cutting tool companies and auto manufacturers heartaches due to their combination of high hardness and need to produce more quickly and efficiently. At CIMT 2015, TaeguTec exhibited tools for what China is starting to become, a country that is rapidly transforming and upgrading from industries that produce goods at high speeds to products of high quality and high benefits in order to cater and excel in today’s new global economic reality. That is why the theme of CIMT 2015, “New Normal - New Development” is the perfect tag line for the relationship between TaeguTec and Chinese manufacturing companies.
(TaeguTec)
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