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Dalian exports growth Far East drill - drill bits, tool exports, hardware market - Hardware Industr by w24gtrhg nbfew





Article Author Biography
Dalian exports growth Far East drill - drill bits, tool exports, hardware market - Hardware Industr by
Article Posted: 02/25/2011
Article Views: 112
Articles Written: 1393
Word Count: 638
Article Votes: 0
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Dalian exports growth Far East drill - drill bits, tool exports, hardware market - Hardware Industr


 
Business,Business News,Business Opportunities
When the global financial crisis Dalian enterprises, especially export-oriented enterprises impact the normal production and operation, the product exports accounted for 95% of the Far Eastern Group in Dalian is in the current financial crisis to seize opportunities, its

Drill Achieved rapid export growth. Currently, the company sufficient orders. 1 October this year, the company realized sales income of 550 million yuan, up 22.2%, profits and taxes 60 million yuan, up 14.4%, as export-oriented enterprises in Dalian banner.

Dalian Far Eastern Group is the only high-end positioning in the production of industrial enterprises bit. 5 years ago, in the global resource constraints, the initial raw material prices, the Far East were determined to attack, the acquisition of two raw material ore??? Inner Mongolia, tungsten, molybdenum Dandong. This will enable enterprises solve the Far East of the main raw material prices and unstable supply of distress, which in previous years a substantial price increase of raw materials, the mining of raw materials for the Far East, the two companies received good returns, but also to mitigate the result of dollar, tax reduction, the pressure of rising costs and declining benefits.

To create excellent brand, from 2007 onwards, the company began a large-scale high-end product development and trial production, develop and launch a high-priced "AAA" and "AAAAA" industrial-grade high-speed

Tool Steel drill bit products, with the technological advantages of high-end foreign occupation, high-priced market. Meanwhile, the company has invested transform the raw material production line, so that the supply of raw materials, reduced cycle from three months to 15 days, so that a substantial decline in production costs, delivery time is much shorter.

2007 years, as the world economic crisis, the world's top three tools for enterprise Sandvik of Sweden, the United States, Kennametal, Germany

Bosch The company has cut off and some of its in Europe and the United States, Brazil, plant, which shut down large-scale plants in Europe and America and the drill bit to drill the total supply cut production dropped 70%, resulting in a global high-end industrial grade tool steel drill bit demand shortage.

Far Eastern Group in time to seize this opportunity to begin early this year on the overall shortage of high-grade drill bits for the overall market supply, in order to ensure product quality, the Group has invested import of key equipment. Therefore, in July of this year, when foreign high-grade industrial drill an avalanche of orders, the firm has already done the preparation of quality and productivity.

When the Far Eastern Group was informed that the global economic downturn, a leading German
Tools

For information on the factory after the sale, after full argument, decisive decision-making, in June this year to 19.5 million U.S. dollars Kennametal's acquisition of a 60-year history of this German tool factory. The acquisition also created the Overseas Chinese machinery new model. Far East using the only acquisition of the assets, brands, sales channels, patent and technology, and to most of the equipment shipped back to China, making all the major commodities produced in China. The acquisition in Germany only to retain its professional and technical staff and sales team to become Germany's production and sales of packaging in Germany. This way, give full play to China's manufacturing cost advantage and the double combination of German technology and brand advantage. Products made in the Far East into Europe ahead of the high-end market. And because high-end brand, Far Eastern Group also owns the more than 200 million yuan of orders for high prices.

I am an expert from China Textile and Leather, usually analyzes all kind of industries situation, such as smc wireless adapter , zebra print server.

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