Growth, challenge, unending
Since its inception, TECO has been continuously developing profoundly its core business and actively seeking plural development.
Business scope spans five major continents.
History of the group
Founded in 1956 for motor production, TECO Electric & Machinery Co., Ltd. has evolved to a major business group, spanning heavy electric equipment, home appliances, information technology, communications, key electronic components and parts, infrastructural engineering, financial investment, dining, and services, with its business scope covering over 100 cities in more than 40 countries in the five major continents. In the future, in addition to continuing profound cultivation of its core businesses, TECO will develop in the direction of businesses with high added value, such as smart products and systematic solutions and dedicate to the expansion of hi-tech businesses, with the objective of "energy conservation, emissions reduction, smart applications, and automation," in order to build up a macro-perspective and high-quality world-class brand.
2010-Acknowledgement of award for successful inauguration of 2MW wind turbine in Inner Mongolia
2011-Completion of new plant of Taian Technology (Wuxi)
2012-2MW large wind turbine granted golden award of Taiwan Excellence Awards
Launch of whole-series electric-car motor
2013-Inauguration of TECO Turkey in Istanbul Signed cooperative memorandum for electrified power system with the Industrial Technology Research Institute (ITRI) for tapping special electric-car market
2014-No.1 honor in the electric machinery category, Top 2,000 enterprise survey, Commonwealth magazine Founding of "Hunan TECO Wind Power Co., Ltd."
Granted social co-prosperity award and golden aware for big hi-tech electronic manufacturers of Taiwan Corporate Sustainability Awards (TCSA) Use "Enjoy TECO Green Life" as the yearly theme, transmitting the idea "TECO energy-conserving products bring you beautiful green life"
2015-Setup of joint venture "New Energy Wind Power Co., Ltd." with China Steel Group Ms. Sophia Chiu became chairman Acquisition of major Italian accelerator manufacturer Motovario S.p.A., inroads into power transmission system
2016-Inauguration of the lamination center in Wuxi green plant Wuxi Electric Wire granted golden award for "leading energy and environmental design (LEED)" by the U.S. Green Building Council (USGBC) Granted corporate citizen award by Commonwealth magazine for fifth year in a row Granted, for the third year in a row, golden award of "Taiwan Corporate Sustainability Awards.60th anniversary of TECO Group
2017-Inauguration of "automated production center of motor stator" at the Chungli plant Top 5% for corporate governance evaluation for three years in a row Top 10 domestic corporates,Taiwan Corporate Sustainability Awards for four years in a row TECO signed "production, sales and technology cooperation agreement" with Visedo of Finland Theodore Huang,chairman of TECO Group, granted the "Order of the Rising Sun" by Japanese government in Spring