Fasteners for automotive and construction Taiwanese companies in Europe on the rise

Stuttgart, March 20th 2019
The big markets in Asia, America, Europe and the Arabic countries are still booming. The construction industry is growing continuously, and the automotive industry reports regular records in sales.

Looking at concrete numbers, the strengths and competitiveness of Taiwanese fastener companies are easily proven. The largest markets and producers are from China (19%), USA (18%), Japan (10%), Germany (8%) and Taiwan (5%). The island is already the third largest exporter of binding and fastening products worldwide. Tu-Chin Tsai, Chairman of TAIWAN INDUSTRIAL FASTENERS INSTITUTE (TIFI) confirmed: „With 1,650 factories employing 35,000 industry personnel, Taiwan’s fastener industry exported more than 1.65 million tons of fasteners in 2018, to over 150 countries around the world“.

At the Fastener Fair in Stuttgart, the three Taiwanese market representatives BOLTUN CORPORATION, ANCHOR FASTENERS INDUSTRIAL CO., LTD as well as SUPER NUT INDUSTRIAL CO., LTD presented their extensive product portfolio and introduced themselves as an inexpensive and innovative alternative especially for the construction and automotive sector. Germany is regarded as the most lucrative and most important sales market after the USA. The main goal: take market shares from the German top dog.

Diversified product portfolio
Founded 1988 in Taiwan, BOLTUN CORPORATION today employs approximately 3,800 people all around the world and has recently generated a turnover of approximately 600 million US Dollar. The company develops and produces tools and considers itself as the leading producer of fastening elements in the automotive sector. Jason Chen, Sales Director of BOLTON CORPORATION explains: „Boltun offers a wide range of products such as fastening elements for automobiles and wind turbines, metal components and stamped parts. Also included are i.a. high-tensile bolts made of 10.9- and 12.9-steel which are VW-approved.“

Family business with a long-standing tradition
SUPER NUT INDUSTRIAL CO., LTD gained an international reputation in development and production of rivets and special connectors for the automotive sector. The family business relies on its range of blind rivet nuts, clinch parts as well as its run and sleeve nuts. „Over 30 years of experience in manufacturing further enables the development of solutions according to specific customer requirements such as extremely thin walls with severe internally threaded parts“ so says Emily Chou, Sales Manager of the company.

ETA-approvals for fastening elements in the construction area
ANCHOR FASTENERS INDUSTRIAL CO., LTD. Focuses on high quality binding elements for the construction, automotive and electronic industries, as well as medical technology. Especially in the construction sector, the company offers sophisticated heavy-duty anchors with a European technical rating (approval) and CE-certifications. „We want to introduce our ETA-certificated heavy-duty anchors as well as bolt anchors, concrete screws and internal threaded anchors (drop-in anchor) developed for building construction and civil engineering to a wide particularly European expert audience“ according to Executive Vice General Manager Johnson Chang. Apart from steel anchors, the enterprise also constructs fasteners made from metals such as aluminium or brass. Additionally, ANCHOR FASTENERS INDUSTRIAL CO., LTD owns the highest production capacity for rivet nuts in Taiwan.

Largest fair for fasteners in Taiwan
While Taiwanese companies target Europe by presenting themselves professionally, Europeans can introduce themselves to the Asian market on one of the biggest fastener fairs, the FASTENER TAIWAN located in a northern part of the isle called Kaohsiung. All highlights and opportunities of the FASTENER TAIWAN 2020 were illustrated by Jessica Cheng, Project Manager of the Taiwan External Trade Development Council (TAITRA). Interested companies will find initial information and contact persons following the link https://www.fastenertaiwan.com.tw/.

Find images in printable quality here:
http://archiv.storyletter.de/download/2019_Fastenerfair_TAITRA_roundtable.zip

Keywords:TAITRA, Fastener Fair