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{{Short description|Taiwanese electronics company}} |
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{{Short description|Taiwanese electronics company}} |
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{{Multiple issues| |
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{{Multiple issues|{{onesource|date=May 2021}}}}{{Infobox company |
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{{Peacock|date=May 2021}} |
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{{Prose|date=May 2021}} |
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{{onesource|date=May 2021}} |
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}}{{Infobox company |
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| name = TECO Electric & Machinery Co., Ltd. |
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| name = TECO Electric & Machinery Co., Ltd. |
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| logo = ] |
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| logo = TECO Electric and Machinery logo 20120316.png |
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| type = ] |
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| type = ] |
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| traded_as = {{TSE|1504}} |
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| traded_as = {{TSE|1504}} |
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| key_people = |
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| industry = ] |
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| industry = ] |
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| products = ] |
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| products = AC Motor |
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AC Drives |
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Motovario Gear Reducer |
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Air Curtain |
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Machine Health Management |
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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 progressively grown to around an 8% market share. TECO is ranked fifth in the global low-voltage ] ] market, representing 4% of the global total. |
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TECO Electric & Machinery Co. is a ] company specializing in the manufacture of industrial electric motors.<ref>{{cite news |date=4 May 2021 |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}}</ref> The company also manufactures and installs various electrical and ] equipments such as ] equipment and ]. |
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== History== |
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The company also engages in the manufacturing, installation, wholesale, and retail of various types of electrical and mechanical equipment, including ] equipment and ]. |
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Taiwan Electric Company (TECO) was established in 1956.<ref>{{Cite web |title=TECO - About Us |url=https://www.teco.com.tw/en/about/#:~:text=The%201950s-,1956,Founding%20of%20TECO%20Electric%20and%20Machinery%20Co.,%20Ltd.,-Honor%20of%20awards |access-date=2024-12-12 |website=TECO |language=zh-TW}}</ref> In 1988, TECO began a joint venture with ] to form TECO Westinghouse Motor.<ref>{{Cite web |last=Dev1 |first=Dev1 |title=Company Profile |url=https://www.tecowestinghouse.com/company/company-profile/#:~:text=In%201988,%20Westinghouse%20Motor%20Company%20was%20established%20as%20a%20joint%20venture%20between%20Westinghouse%20Electric%20and%20TECO%20Electric%20and%20Machinery%20Co.,%20Ltd. |access-date=2024-12-12 |website=TECO-Westinghouse {{!}} The world leader in manufacturing electric motors and generators |language=en-US}}</ref> In 1989, TECO Industry Malaysia was founded.<ref>{{Cite web |title=Teco Industry Malaysia Sdn Bhd - Company Profile and News |url=https://www.bloomberg.com/profile/company/6068750Z:MK?embedded-checkout=true |access-date=2024-12-12 |website=Bloomberg.com |language=en}}</ref> |
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==Company history== |
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{{Cleanup rewrite|a simple list of milestones and the year they occurred is quite unencyclopedic|section|date=November 2024}} |
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'''1956:''' Taiwan Electric Company (TECO) established. |
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'''1970:''' Began producing ] and entered the home appliances market. |
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'''1986''': Established a joint venture with ] to form TECO Westinghouse Motor. |
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'''1989:''' Founded TECO Industry Malaysia. |
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'''1990:''' Founded Toshiba Compressor (]) Corp. with ]. |
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'''1992:''' Established Yatec Engineering Corporation with ] Manufacture Co., Ltd. |
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'''1995:''' Acquired Westinghouse Motor Co., Ltd (USA). |
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'''1998:''' Founded TECO Electro Devices Co., Ltd. for manufacturing of stepper motors. |
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'''1999:''' Founded TECO (Dong Guan) Air Conditioning Equipment Co., Ltd. |
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'''2000:''' Founded Suzhou TECO Electric & Machinery Co., Ltd. |
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'''2001:''' Established Smart Card Division for National Health Insurance IC-card project. |
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'''2002:''' Founded Wuxi TECO with China Steel, Nippon Steel and Marubeni-Itochu Steel. |
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'''2003:''' Merged Tai-An Electric Co., Ltd. |
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'''2004:''' Established Jiangxi TECO Electric & Machinery Co., Ltd. |
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'''2005:''' Founded Yaskawa TECO Motor Engineering Corp. |
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'''2006:''' Strategic alliance with CTC to set up the first wind power project in Texas, USA. |
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'''2007:''' Launch into wind power generation; introduced a 2 ] wind ]. |
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'''2010:''' Rollout of TECO's first 2 MW ] ]. |
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'''2011:''' TECO Middle East RSA. |
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'''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. |
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'''2015:''' Established an offshore wind power system manufacturing company "Xining Wind Power Co., Ltd." with China Steel. |
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'''2016:''' Won the ] (TCSA) Gold Award for three consecutive years, the 60th anniversary of its establishment. |
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'''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. |
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'''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. |
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'''2019:''' TECO's smart food delivery service robot won the Taiwan Excellence Silver Award. Dongjie Information listed on the OTC. |
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'''2020:''' "T Power" won the Taiwan Excellence Gold Award. Selected as a constituent stock of DJSI Dow Jones Sustainability Index-Emerging Markets. |
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==Organization structure== |
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=== Motor === |
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* Top 3 global motor producer. |
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* Offers industrial motors ranging from 0.25 ] to 75,000 kW. |
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* 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. |
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=== System Automation' === |
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* 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. |
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* 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. |
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=== M&E Construction === |
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* R&D, design, production, and sales of equipment and systems meant for the supply of electrical power. |
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* Undertakes projects related to power distribution and generation, alternative energy, and rail stations and depots. |
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* Air-conditioning equipment for specific environments such as clean rooms. |
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* Design, construction, and management of electrical engineering systems for high-rise buildings. |
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* Integration of air-conditioning and electrical engineering systems for hospitals and hotels. |
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* Water pump stations and other related projects. |
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=== Home appliances === |
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* 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. |
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=== Wind power === |
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* Launched the first Taiwan-made 2 MW permanent-magnet synchronous wind turbine bearing own brand in March 2010. |
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* 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. |
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==See also== |
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==See also== |
Taiwan Electric Company (TECO) was established in 1956. In 1988, TECO began a joint venture with Westinghouse Electric to form TECO Westinghouse Motor. In 1989, TECO Industry Malaysia was founded.