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Industrial Development Bureau Leads Industry Delegation to Visit Yinsh Precision, the World’s Third-Largest Precision Screw Nut Factory

  • Published at: 2017-10-19 15:26
  • Last modified at: 2017-10-19 15:28

Deputy Director-General Yang of the Industrial Development Bureau led more than 40 people engaged in traditional industry to visit Yinsh Precision in Taichung on October 13, 2017, in the hope that the participants can learn from Yinsh Precision’s successful experience in upgrading and transforming into a high-tech precision company.

Yinsh Precision started as an original equipment manufacturer (OEM) for major international brands, and later decided to focus on upgrading its precision screw nut technology to create its own brand, Yinsh. It has successfully transformed from a low-tech screw nut factory to Taiwan’s largest and the world’s third largest precision screw nut manufacturer, selling its products to more than 30 nations.

To conform to the international trend of smart manufacturing, Yinsh Precision has bought dozens of sets of high-end smart manufacturing production equipment from home and abroad, and is applying technologies, such as intelligent robots, the Internet of Things and big data, to gradually build automated smart factories to enhance market competitiveness.

Moreover, the Industrial Development Bureau provided onsite diagnosis service to Yinsh Precision from 2012 to 2016 through the Industry Competitiveness Development Center of the Ministry of Economic Affairs, and commissioned measurement specialists of the Industrial Technology Research Institute (ITRI) to assist in establishing testing capacity and accelerating the accreditation of the Precision Screw Nut Testing Laboratory and Precision Force Calibration Laboratory by the Taiwan Accreditation Foundation (TAF) so that these two laboratories could provide precision screw nut testing and axial force sensors calibration services to customers. Yinsh Precision has also opened the doors to European and Japanese markets thanks to the quality control by the Statistical Process Control (SPC) system.

General Manager Wu of Yinsh said that Yinsh Precision has continued to improve and make breakthroughs in the processing of precision screw nuts over the years, and will continue to improve processing technology and create added-value products. Upholding its quality and service-first philosophy, Yinsh is on track to become a world-class small parts supplier.

  • Contact Organization:Knowledge Services Division, Industrial Development Bureau, Ministry of Economic Affairs
  • Contact Person:Mr. Chen
  • Contact Phone:(02)2754-1255 ext.2433
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