From 1999 to 2013, the company successfully grew and transformed with its operations expanding not just from within Taiwan, but globally with the setup of factories and branches in China and regional offices in the United States and Singapore. This development laid down the foundation for international business of FineTek Group. With emphasis placed on customer satisfaction, innovation, product development and overall business transformation, the company continued to innovate and expand with each passing year. In 2013, the factory in Yilan was upgraded and enhanced not only with increased capacity for manufacturing flow meters, but also with the additional of smart automation in the production process. Thus, FineTek successfully achieved global recognition, obtaining the leading position as Asia's top process automation sensor manufacturer.
From 2014 to 2018, Finetek achieved stable growth, continuously reviewing its five-year strategic plan to attain its goals. In 2014, the company successfully became publicly listed with its first IPO, then went on to merge with Mutec Germany in 2015. In 2016, subsidiary offices were established in Indonesia and Malaysia. In 2017, plans were put in place to build a production plant in Indonesia. In 2018, a group of FineTek R&D experts from various global offices were put together to not only develop high-end technological processes, but also incorporate Industrial 4.0, WIFI, 4G, NBIOT and other wireless transmission connection functions to our products to meet customers' need for the latest technology applications. These were implemented successfully, and FineTek products can be used in many different industries such as food & beverage, water, energy, pharmaceutical etc. In the past 5 years, the company has undergone tremendous growth and development – flourishing internationally and providing customers worldwide with the best customized solutions for process automation.
The company's management recognizes that it is important to not just be satisfied with its current level of success, but to continuously seek improvement. Change, customer satisfaction and profit-sharing are the main principles driving our employees in developing technology that result in new, improved and ecological products to sustain our environment for all people. FineTek will continue to strive to be the leading brand in the Process Automation market. Our goal - “To ignite the sensor industry, revolutionizing the world.”
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