Taipei, April 15, 2003 (CENS)--Far East Machinery Co., Ltd. (FEMCO), a manufacturer of industrial machines and machine tools, spun off its machining parts department into a technology-oriented firm named FEMCO Steel Co., Ltd. Earlier this month. Since its reorganization in 1963, FEMCO has been e

High-speed, ultra-high-precision machine tools were spotlighted at the 2003 Taipei International Machine Tool Show (TIMTOS), which wound up on March 23 at the Taipei World Trade Center (TWTC). President Chen Shui-bian spoke at the show on the current state of, and development prospects for, the mac

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)--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 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