TITE 2022 Expo
Opens Up a New International Supply Chain
A new platform to create business opportunities for Taiwan hand tool and hardware parts industries, Taiwan International Tools & Hardware Expo (TITE) closed with success on October 14, 2022. Over 250 exhibitors and visitors from the U.S., Canada, Brazil, Australia, Japan, South Korea, China, UK, Germany, France, Egypt, South Africa and UAE attended the show in person or online and brought great opportunities to Taiwan which has untightened boundary restrictions.
The show’s debut was supported by both the government and industry associations. On the opening day, Taiwan Hand Tool Manufacturers' Association Chairman Jack Lai accompanied Vice President Mr. Shen Jong-Chin of the Executive Yuan to exhibitor’s’ booths. Taiwan Fastener Trading Association (TFTA) and Taiwan Industrial Fasteners Institute (TIFI) were exhibitors as well, which is a token of the hand tool industry working hand in hand with the fastener industry. TFTA Chairman was also there to visit and encourage exhibitors who were ready to take new purchase orders.
Many Taiwanese, Indian, Middle Eastern, European and American visitors came to Fastener World’s booth during the event inquiring market intelligence and glancing the latest publications. A welding machine manufacturer who came all the way from Iran to Taiwan asked the exhibitor of Fastener World about Taiwanese special screw and driver bit suppliers, hoping to bring Taiwanese products to Iran as quickly as possible. A self-driving technology developer for Google was interested in using Taiwan’s fasteners on self-driving cars. A machine software developer came to Fastener World to seek collaborations with fastener forming machine companies.
This show was divided into six areas including tools and accessories, automotive parts/repair tools/maintenance equipment, fasteners, DIY, metal processing and inspection equipment. The show organizer introduced the “New Hand Tool Products Area” in tandem with online matchmaking and a 3-day summit/seminar, opening up a new overseas supply chain for Taiwan’s hardware parts, hand tool and fastener industries.