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Revision as of 11:29, 26 November 2024 editFavourD02 (talk | contribs)1 editm I removed the ";" after products and replaced with "," on the fourth line under System AutomationTags: Visual edit Newcomer task Newcomer task: copyedit← Previous edit Revision as of 14:57, 26 November 2024 edit undoNnamdi Kinghenry (talk | contribs)108 editsm The text was refined for clarity, conciseness, and consistency. "Established" was replaced with "founded" for a more direct tone, and operations were described as "globally expanded" with an 8% market share for brevity. "Representing" was adjusted to "accounting for" to enhance flow. The second paragraph was streamlined by replacing "various types of" with "a wide range of" and improving specificity by changing "telecommunication equipment" to "telecommunication devices."Tags: Reverted Visual edit Newcomer task Newcomer task: copyeditNext edit →
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'''TECO Electric & Machinery Co. Ltd.''' ('''TECO'''; {{zh|c=東元電機|p=Dōngyuán Diànjī}}) is a ] company established on 12 June 1956<ref>{{cite news |title=Mitsui, TECO to set up plant for EV motors in India |url=https://www.mobilityindia.com/mitsui-teco-to-set-up-plant-for-ev-motors-in-india/ |access-date=23 November 2024 |publisher=Mobility India |date=4 May 2021}}</ref> as an industrial electric motor manufacturer. It has since expanded its service offerings to worldwide business operations with around an 8% market share. TECO is ranked fifth in the global low-voltage ] ] market, representing 4% of the global total. '''TECO Electric & Machinery Co. Ltd.''' ('''TECO'''; {{zh|c=東元電機|p=Dōngyuán Diànjī}}) is a ] company founded on 12 June 1956<ref>{{cite news |title=Mitsui, TECO to set up plant for EV motors in India |url=https://www.mobilityindia.com/mitsui-teco-to-set-up-plant-for-ev-motors-in-india/ |access-date=23 November 2024 |publisher=Mobility India |date=4 May 2021}}</ref> as an industrial electric motor manufacturer. Over the years, it has expanded its operations globally, capturing approximately 8% market share. TECO is ranked fifth in the global low-voltage ] ] market, accounting for 4% of the global total.


The company also engages in the manufacturing, installation, wholesale, and retail of various types of electrical and mechanical equipment, including ] equipment and ]. The company also manufactures, installs, wholesales and retails, and wide range of electrical and mechanical equipment, including ] devices and ].


==Company history== ==Company history==

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Taiwanese electronics company
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TECO Electric & Machinery Co., Ltd.
Logo of TECO Electric and Machinery since 2002.
Logo of TECO Electric and Machinery since 2002.
Company typePublic
Traded asTWSE: 1504
IndustryElectronics
Founded12 June 1956
HeadquartersNangang District, Taipei, Taiwan
ProductsIndustrial Electrical Components
Websitewww.teco.com.tw

TECO Electric & Machinery Co. Ltd. (TECO; Chinese: 東元電機; pinyin: Dōngyuán Diànjī) is a Taiwanese company founded on 12 June 1956 as an industrial electric motor manufacturer. Over the years, it has expanded its operations globally, capturing approximately 8% market share. TECO is ranked fifth in the global low-voltage AC motor market, accounting for 4% of the global total.

The company also manufactures, installs, wholesales and retails, and wide range of electrical and mechanical equipment, including telecommunication devices and home appliances.

Company history

This section may need to be rewritten to comply with Misplaced Pages's quality standards, as a simple list of milestones and the year they occurred is quite unencyclopedic. You can help. The talk page may contain suggestions. (November 2024)

1956: Taiwan Electric Company (TECO) established.

1970: Began producing air conditioners and entered the home appliances market.

1986: Established a joint venture with Westinghouse Electric to form TECO Westinghouse Motor.

1989: Founded TECO Industry Malaysia.

1990: Founded Toshiba Compressor (Taiwan) Corp. with Toshiba.

1992: Established Yatec Engineering Corporation with Yaskawa Electric Manufacture Co., Ltd.

1995: Acquired Westinghouse Motor Co., Ltd (USA).

1998: Founded TECO Electro Devices Co., Ltd. for manufacturing of stepper motors.

1999: Founded TECO (Dong Guan) Air Conditioning Equipment Co., Ltd.

2000: Founded Suzhou TECO Electric & Machinery Co., Ltd.

2001: Established Smart Card Division for National Health Insurance IC-card project.

2002: Founded Wuxi TECO with China Steel, Nippon Steel and Marubeni-Itochu Steel.

2003: Merged Tai-An Electric Co., Ltd.

2004: Established Jiangxi TECO Electric & Machinery Co., Ltd.

2005: Founded Yaskawa TECO Motor Engineering Corp.

2006: Strategic alliance with CTC to set up the first wind power project in Texas, USA.

2007: Launch into wind power generation; introduced a 2 MW wind power generator.

2010: Rollout of TECO's first 2 MW wind power turbine.

2011: TECO Middle East RSA.

2013: A joint venture with Fujio Food System of Japan established Meile Food Catering in Taiwan. In December, Taiwan Home Delivery Stock Exchange was listed.

2015: Established an offshore wind power system manufacturing company "Xining Wind Power Co., Ltd." with China Steel.

2016: Won the Taiwan Corporate Sustainability Award (TCSA) Gold Award for three consecutive years, the 60th anniversary of its establishment.

2017: Ranked among the top 5% of corporate governance evaluations for three consecutive years. Won the Taiwan Enterprise Perpetual Bonus Award for four consecutive years.

2018: Won four awards of the Taiwan Enterprise Sustainability Award. TECO Vietnam Motor Plant breaks ground, Vietnam will become an important base of TECO Group in Southeast Asia.

2019: TECO's smart food delivery service robot won the Taiwan Excellence Silver Award. Dongjie Information listed on the OTC.

2020: "T Power" won the Taiwan Excellence Gold Award. Selected as a constituent stock of DJSI Dow Jones Sustainability Index-Emerging Markets.

Organization structure

Motor

  • Top 3 global motor producer.
  • Offers industrial motors ranging from 0.25 kW to 75,000 kW.
  • Production and sales of high-efficiency motors, low- and high-voltage 3-phase motors, high-thrust motors, explosion-proof motors, steel-cased motors, single-phase motors, aluminum-cased motors, brake motors, eddy-current motors, inverter-duty motors, high-temperature exhaust gas fan motors, gear-reducing motors, crane motors, wound rotor motors, submersible motors, DC motors, ventilation blowers, synchronous motors, variable-pole motors, other motors/generators, compressors and wind-powered generators.

System Automation'

  • Entails the research and development, production and sales of industrial automation products and electronic control systems such as industrial inverter, servo system, electromagnetic switches & molded-case circuit breakers, etc.
  • Production and sales of AC/DC motor controls, programmable logic controllers, servo controllers, electromagnetic switches, molded-case circuit breakers, electronic relays and other inverter products, as well as design and installation of power distribution networks.

M&E Construction

  • R&D, design, production, and sales of equipment and systems meant for the supply of electrical power.
  • Undertakes projects related to power distribution and generation, alternative energy, and rail stations and depots.
  • Air-conditioning equipment for specific environments such as clean rooms.
  • Design, construction, and management of electrical engineering systems for high-rise buildings.
  • Integration of air-conditioning and electrical engineering systems for hospitals and hotels.
  • Water pump stations and other related projects.

Home appliances

  • Production, assembly, sales, and repair of household/commercial air conditioners, refrigerators, washing machines, dehumidifiers, dryers, televisions, LCD monitors, air purifiers, small appliances, DVD recorders, stereo systems, health appliances; dealership of other domestic and foreign home appliances brands.

Wind power

  • Launched the first Taiwan-made 2 MW permanent-magnet synchronous wind turbine bearing own brand in March 2010.
  • Production and sales of FC-2000 2.0 MW PMSG (Permanent Magnetic Synchronous Generator) wind turbine, power converter, control system and KW level wind-power turbine.

See also

References

  1. "Mitsui, TECO to set up plant for EV motors in India". Mobility India. 4 May 2021. Retrieved 23 November 2024.

External links

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