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SPECIAL REPORT

The present chairman, Huang Sin-te(right) was given the seal from the former Chairman, Yu
Hsiang-chen (left)under the supervision of Honorary Chairman, Wu Chuan-fu(mid).
(Photo photographed by Wu Ching-chang)
AllProfessional Chairman Huang Hsin-

te Newly Elected as 15th THTMA Head

Huang Wei-shiou

aiwan Hand Tool Manufacturers’ Association (THTMA), 3.8% growth rate in the second quarter this year. In
Tclosely connected to the thriving local hand tool response, the president complimented the industry efforts,
industry, held the 15th General Assembly and the election promising to attend the general meeting this year.
of the board of directors and chairman on Sep. 6th.
AllProfessional MFG Co., Ltd. Chairman Huang Hsin- President Tsai said Taiwan’s hand tool industry is
te and Maxclaw Tools Co., Ltd. General Manager Huang recognized among the top best worldwide, cementing
Wu-sun were selected as the 15th chairman and vice- its status as a hidden champion. Last year, the export
chairman respectively. Huang Hsin-te pointed out that the value of hand tools was ranked third in the world, with
local hand tool industry’s biggest competitive advantage an approximately 2% increase and even a growth of 5.5
is in its local comprehensive supply chain. The chairman percent in the fi rst half of this year. Tsai emphasized the
also said that the industry creates over NTD$120 billion in government will stand by companies, also encouraging to
production value annually, with more than 400 companies invest more in existing operations in Taiwan.
under the association’s membership. The importance of
the hand tools industry in Taiwan is undeniable, as it alone Despite the global and local economy embroiled by the
ranks among the top 10 industries out of 159 fi elds on the tense trade war between the U.S. and China this past year,
island. Not only that, Huang added that it is one of the three President Tsai lauded the awe-inspiring performance from
major industries based in central Taiwan, creating not only the hand tool industry. Though, she pointed out that the
manufacturing value but also more job opportunities. industry as a whole still needs to anticipate future trends,
emphasizing that the government will continue to support
Huang Hsin-te emphasized the hand tool industry is the industry and encourage fi rms to continue to invest in
the only metal manufacturing industry that has continually Taiwan.
grown for more than 40 years, which is not an easy
accomplishment. Previously, President Tsai Ing-wen visited The government has actively pushed its economic
Taichung Industrial Park , where Huang informed the “5+2” Industrial Innovation Program,” among the central
president that the hand tool industry boasted a remarkable focus industries is the smart machinery, or industrial smart

Taiwan Hand tools 2020 Issue