Taiwan moved up one spot to sixth place among the machine-tool producing nations of the world last year with a production value of US$1.57 billion, according to the authoritative Gardner Publications, a trade publications and research outfit. The island was also the fifth-biggest exporter of machin

Taipei, April 1, 2003 (CENS)--Tong-Tai Machine & Tool Co. said it would distribute cash and stock dividend of NT$0.8 each for a total of NT$1.6 per share, for its 2002 performance. Tong-Tai posted after-tax profits of NT$155 million, or an earnings per share (EPS) of NT$2.34, in 2002. Its pretax

Taipei, March 18, 2003 (CENS)--Taiwan was the world's sixth-largest producer of machine tools with an overall production value of US$1.75 billion last year, advancing one spot from the previous year, according to an analyst of Gardner Publications, an authority on the machine-tool industry. Gard

Taipei, March 18, 2003 (CENS)--Tong-Tai Machine & Tool Co. said yesterday its pretax profits totaled NT$28.45 million in the first two months of the year, a whopping growth of 152.65% from the same period a year earlier and translating into earnings per share (EPS) of NT$0.43. Tong-Tai has speci

Taiwan's machine-tool manufacturers estimate that increased need in the aftermath of the expected war between the U.S. and Iraq will help them boost monthly exports by 20~30% from the present level. This is because full-scale military activity will consume huge amounts of weaponry and ammunitions t

Taipei, March 17, 2003 (CENS)--The 2003 Taipei International Machine Tool Exhibition, regarded as one of the largest of its kind in Asia, is scheduled to kick off at Taipei World Trade Center on Mar. 18. A total of 524 makers from at home and abroad have registered to attend and will use a total

Taipei, March 14, 2003 (CENS)--Tong-Tai Machine & Tool Co., Ltd., a main local manufacturer of machine tools listed on the over-the-counter bourse, recorded earnings per share (EPS) of NT$0.43 for the first two months of this year. Tong-Tai produces a variety of machine tools including machining

In a move to protect its electrical-machinery industry, mainland China removed tariff exemptions on imported machinery and related equipment in the fourth quarter of 2002, making it harder for foreigners to compete in the emerging market there. The mainland authorities also ruled that large compani