FineTek started in the year 1979 and has since become an expert manufacturer of control instruments in Taiwan. FineTek has over twenty years of research and development history and has accumulated a wealth of experience and expertise. On top of successfully developing a series of sensing instruments, we have also achieved ISO9001 certification through disciplined management and aggressive research and development. Furthermore, in order to satisfy our customer's needs in different industries, our products have undergone various environmental tests such as temperature, pressure, electrical and mechanical. These tests ensures that our products are suitable for use in various industries in various environments.
FineTek products have been approved by Underwriters Laboratories Inc (UL) from America in 1996, American Bureau of Shipping (ABS) from America in 1998, Germanischer Lloyd (GL) from Germany in 1998, China Corporation Register of Shipping (CCRS) from China in 1998, Explosion Protection and Safety of Instrumentation (NEPSI) from China in 1998 and Verband Der Elektrotechnik (VDE) from Germany in 2001. From these approvals, we have managed to capture a more diverse overseas market and have enjoyed recognition from our overseas market.
FineTek's product types are complete and has multi-functions. The series includes Magnetic Float Level Switches, Magnetic Float Level Indicators, Side Mounted Level Switches, solid level switches (Rotary Paddle Type, Capacitance Type, Vibrating Probe Type), solid level indicators (Capacitance Type, Electromechanical Type), Pressure level Transmitters, Dust Collection solenoid valves and controllers, Pneumatic Bridge Knockers (Vibrators, Air Hammers, Air Blasters) etc. Our products are used in various types of factory settings in order to realize full automation of the control process of various industries.
Research and Development Team
FineTek's R&D team has been dedicated to design new products these few years, enhance product functionality and also to explore new series of control instruments in order to satisfy the growing demands of the market. Each year, NT$30 million has been invested in R&D and there have been significant results like: Magnetostrictive Level Indicator, Programmable Microprocessor Panel Meter, Temperature Controller, Power Meter, VA Meter, Programmable Speed Monitor, Vibrators and Sequential Controller. In average, there are at least 3 series of new products per year, thus improving customer service and also to capture a larger market share than before.
Presently, the R&D team has been aggressively developing high technology level controls and systems integrations, examples are: Warehouse / Oil tanks usage recorders, Ultrasonic Level Measurement, Radar Level Measurement, Precision Positioning Indicators, Flow Meters and others high technology and value added products.
Due to the improvement of expertise level and sales volume, the production facilities must also expand in order to accommodate more efficient and precise equipment so as to reduce costs. To expand market share, we must also expand our Taipei's production plant. Similarly, our China branch has been growing at more than 50% every year for the past 3 years, so the present production plant is not big enough to support the growth. Thus, we are presently building a 3600m² manufacturing plant and it is expected to be finished in August, 2003. The new plant has capacity for upgrading, should FineTek face space shortage in the future, it is possible to shift it's production of lower technology products to China to lower costs and enhance product's competitiveness.
(1)Future plans includes setting up of branches in overseas markets like Europe and USA. If opportunity presents itself, FineTek may co-operate with other corporations or buy over related corporations in order to continue expansion of market share and to widen the gap between our competitors so as to remain in business.
(2)Public listing is our immediate objective.
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