Hartford Industrial Co., Ltd. was honored to welcome Mr. Chen Hsin-Fa, Senior Specialist from the Bureau of Foreign Trade, and Ms. Shih Yu-Hsia, Director of the Industrial Development Division, along with their delegation, for an in-depth visit and dialogue on the current state of Taiwan’s machine tool industry, tax policies, and the influence of recent exchange rate fluctuations on industrial competitiveness.
During the meeting, both parties exchanged insights on the challenges and opportunities arising from global economic changes. With ongoing geopolitical uncertainties, supply chain restructuring, and fluctuating energy costs, Taiwanese exporters are facing increasing pressure from rising material costs, freight expenses, and currency volatility. The government representatives expressed their understanding and concern, emphasizing that industry feedback will serve as a vital reference for future trade and fiscal policy planning.
Mr. Chen noted that the machine tool industry remains a critical pillar of Taiwan’s manufacturing strength and export-driven economy. The government will continue to review tax frameworks and trade conditions to better support industrial competitiveness. Director Shih further highlighted the importance of technological innovation, digital transformation, and green manufacturing, urging enterprises to strengthen their adaptability amid global uncertainties and exchange rate dynamics.
Hartford shared its proactive strategies to address these challenges. By enhancing in-house production, integrating its supply chain, and implementing smart management systems, Hartford effectively reduces reliance on imports and mitigates financial risks caused by currency fluctuations. The company continues to invest in precision machining technologies, energy-efficient systems, and automation, aiming to sustain quality consistency while maintaining international competitiveness.
Aligned with Taiwan’s GX (Green Transformation) and DX (Digital Transformation) initiatives, Hartford is advancing sustainable development through eco-friendly product design, intelligent manufacturing, and ESG-driven operations. Both sides also exchanged views on talent cultivation, global expansion strategies, and future industry support measures, reflecting a shared commitment to long-term collaboration between government and industry.
Guided by its core principle of “Quality First, Continuous Innovation,” Hartford will continue to pursue excellence through R&D investment and global cooperation. Despite the ongoing currency and market challenges, Hartford remains steadfast in demonstrating Taiwan’s industrial resilience and innovative spirit, leading the machinery sector toward a smarter, greener, and more sustainable future.