Insight

In order to maintain its position as a global leader in large-scale diversified tool precision machining, San Shing Fastech Corp has made investment in high precision equipment, and innovation in production technology, as key pillars within its business in order to continue to grow in an ever changing market.

Following its commitment to investment and innovation, San Shing has increased its use of automation equipment, introduced intelligent production systems, as well as planned the integration of AMR robots into its production lines. “The main goal is to increase production capacity, reduce labour costs and improve efficiency,” states San Shing. “This also helps lower production costs, making our prices more competitive, and shortens lead times to meet customers’ urgent order demands.”

San Shing adds: “Diversified operations and innovative development have become nearly universal challenges faced by all manufacturing industries. That is why we place great emphasis on investing in advanced processing equipment, process optimisation and the training of technical personnel. With the continuous upgrading of both hardware and software, as well as the technical team, our tooling factory has successfully taken on cross-disciplinary mould processing challenges. We have also successfully gained validation from users in various fields and secured long-term cooperation orders.”

San Shing specialises in various types of cold and hot forging tools, as well as customised tools for automotive and aerospace fastener industries. “Quality is the life of San Shing, which is why we are committed to complying with ISO standards and have obtained the ISO 9001 certification. In response to market demands, we are also continuously researching new manufacturing technologies across different fields,” underlines San Shing.

By utilising nearly 60 years of production experience, the company can ensure its tool manufacturing expertise is at the very forefront of the industry – fulfiling every customer quality requirement, whilst also offering technical suggestions for improving tool lifespan based on customer production feedback.

“Stable quality ensures a steady production line for our customers. Also, when compared to European manufacturers, we offer a higher cost performance ratio,” states San Shing. “In addition, thanks to our production experience, and user feedback as our foundation, we are also able to provide potential improvement suggestions when customers encounter tooling related issues. Our professional design and programming team can also help customers identify potential issues in the drawings, preventing them from discovering errors after receiving the tooling, which could delay their production schedules.”

San Shing continues: “We are a proud Taiwanese business and the positive perception of Taiwan greatly benefits us as we expand in the global market. We believe ‘Made in Taiwan’ represents high-quality, integrity, and kindness, which is why when customers seek high-quality products, Taiwan naturally comes to mind. As we earn customers’ trust through quality, we can more easily retain existing clients. When compared to European manufacturers, we offer comparable quality but at more competitive prices. This is why many of Taiwan’s ‘hidden champions’ have a high global market share in their respective industries.”

Meeting market demands

With its main markets in Europe and the Americas, San Shing has also looked to adapt to the changing requirements of its key markets, in order to stay competitive. “In recent years both regions have been continuously developing the Electric Vehicle (EV) industry –
with the European Union even setting a target to ban the sale of new cars emitting carbon dioxide by 2035, leading to increased investments in the EV sector,” reports San Shing. “Car manufacturers and related supply chains are also closely monitoring the unpredictable market trends, attempting to explore new directions arising from things such as sustainability and Artificial Intelligence related issues. There is also the aviation industry, which has finally emerged from the shadow of the Covid-19 pandemic, with demand starting to recover in 2022 and remaining strong in 2023 and robust in 2024, with optimistic market expectations for the coming year.”

San Shing adds: “Due to the impact of the Carbon Border Adjustment Mechanism (CBAM) regulation, Europe has also started to reduce its imports of finished fasteners, with the proportion of local production gradually increasing. As a result, the demand for tools has also risen.”

San Shing concludes: “By maintaining stable quality, continuously investing in high precision equipment, and refining our machining capabilities, we are confident that we will remain an indispensable business partner for our customers. Over the past few decades, our customer base, both long-term and newly developed, has increasingly shifted towards high precision and specialised products, which underlines the quality tooling we can supply customers. We will therefore continue to work with industries such as automotive, aerospace, construction, and hand tools, whilst at the same time looking to expand our tool manufacturing footprint into other diverse application sectors.”