The Taiwan-based multi-stage cold forging specialist Jih Hsin Kun (JHK), in the face of the ecaslating China-U.S. trade war that is believed as a main cause to have led to global market stagnation seen recently, has just done a nice job with reverse and customer-centric thinking to buck the trend. What has JHK done? Let's enjoy the inaugural issue of "JHK's Report to Customers" to follow up on it.
Taiwan Metalworking Industry in Trouble?
Anxiety about market meltdown is speading..
It is not an overstatement that cold forging and other metalworking sectors in Taiwan, since the second half of this year, have witnessed insiders generally experience surging anxiety about an increasingly uncertain market outlook, as we have heard, especially these days, through the grapevine something like: “We have failed to see new orders for the months”, or “Some factory owners in southern Taiwan have allegedly furloughed their workers just because of market turbulence.” With more and more local metal parts makers and metalworking suppliers reasponding those ways, here came a question to mind: "Is it just word-of-mouth gossip?"
To that question, we have to admit that the answer is just in the negative, which is suggested by a report released around the end of this Spetempber by the Cabinet-level National Development Council of Taiwan on business cycle monitoring indicators for this August. As mentioned above, the results were obviously an disappointment to most people in the manufacturing sectors.
Notes from JHK's Logbook for Multi-stage Cold Forging Development (caption):
Since Q2, 2019, Taiwan's metalworking industries, including metal products and processing, have generally been dampened to some extent by market inertia, resulting from a couple of factors, such as the impact of the lingering China-U.S. trade tariff disputes as we have known.
Market Meltdown, So What?
JHK starts new chapter in history with new cold-forging machine
Shrugging off market downturn, JHK, a seasoned maker boasting well integrated in-house production capability including die development and production and pre-delivery quality inspection, has just introduced an advanced automatic multi-stage cold forging machine in the factory, an investment project that underlines its long-lasting effort on continuous improvements of skills and quality to offer customers more value.
This machine will enable JHK to roll out cold-forged parts and products with more complex structure, and to better address concerns about precision, speedy production and minimum material waste generated. For reason, it allows for accurate material handling through computers, and then metal forming using up to 7 dies for 7 different manufacturing processes in one production cycle, a feature especially significant when conventional cold forging process in most cases is applicable only for products with simple shapes unless more complimentary processes are involved for desired deformation and shaping grades.
Do You Still Rely Only on FRW?
For your real-world benefits, Cold Forging is worth a try
On its lifetime journey to customer satisfaction, JHK gets started with self discipline, and guided by customer’s genuine demand
A metal parts and product veteran maker, JHK stands out from the competition not just by a sound line of equipment employed in house for nearly all necessary processes (from die development and production to manufacturing, assembly and pre-delivery quality inspection), but its devotion to continuous improvements of capability and quality, designed to add value for customers.
Taking a further step in its lifetime journey to customer satisfaction, JHK is set to boost its presence in overseas markets, in an effort to, besides exploring new opportunities, gain up-to-date knowledge and advanced skills on metalworking from industrialized nations. With the ultimate objective aimed at developing more value-added solutions for cold forging that can be used to shore up customers’ businesses in different market segments, it is safe to say JHK will continue to live up to its reputation as a seasoned maker whose business operations are always centered around customers.
"JHK's Report to Customer" © 2019 Jih Hsin Kun Screw Co., Ltd.
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