Handing Over Ceremony of 6th TFTA Chairman President Bill Chen of Chite Elected New TFTA Chairman
Handing Over Ceremony of 6th TFTA Chairman
President Bill Chen of Chite Elected New TFTA Chairman
by Raymond Wang, Fastener World Inc.
On December 6, 2013, Taiwan Fastener Trading Association (TFTA) held its annual meeting and the handing over ceremony of the chairman at Queena Plaza Hotel. In addition to the dinner gala for members throughout Taiwan, the highlight during the event was absolutely the handing over ceremony of TFTA Chairman. President Bill Chen of Chite Enterprises was appointed the new Chairman of TFTA
Since the establishment of TFTA, the scale of the association has been growing under the terms of office of previous chairmen. The association has roughly 250 members who are manufacturers, traders, and suppliers of fasteners, machines, and other associated parts. Every year the association will schedule several technical workshops and visits to companies in order to strengthen the technical and experience interaction among all members and seek more international cooperation around the world.
With efforts of the 5th Chairman Mr. Jim C.N. Chen, the association invited General Manager Lutz Röwer from German HFB Engineering GmbH to give a speech on “How to Attain Regulations-Compliant CE Certification”. Since the establishment of the EU, regulations within the region have been changed from different regulations for different countries to those applicable to all countries. As a result, the European Commission announced the new Construction Products Regulation to replace the old version of Construction Products Directives. The European directives state that all products with CE marking have to be compliant with the regulations of the EU that require health, safety, and environmental protection before circulating in European economic zones.
On the other hand, Chairman Bill Chen also pointed that Taiwan fastener industry demonstrates fast development in technical upgrade and takes a lion’s share in the global market in terms of its quality and production, which can be attributed to the efforts many Taiwanese manufacturers have made abroad for years. Considering the antidumping measures the EU have imposed on certain countries, Chairman Bill Chen hopes that both Taiwanese companies and Taiwanese government should take China and Malaysia as precaution and adopt necessary steps to prevent the antidumping measures from the EU, which will impede the competitiveness of Taiwan fastener industry. Taiwan has a good ability of R&D and shows the increasing level of sales and unit prices of standard parts and bespoken parts. Its current trend in the industry has been going toward service manufacturing, in order to increase the added value of products and develop self-owned brands. As a result, the advantage of Taiwan fastener industry can be retained.
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