About Us | TECO Corporation

History of the group

Founded in 1956 for motor production, TECO Electric & Machinery Co., Ltd. has evolved into a major business group, spanning heavy electric equipment, green energy electromechanical engineering, home appliances, information technology, communications, key electronic components, and various other diverse fields,with its business scope covering over 40 countries across five major continents.TECO will continue to deeply cultivate its core businesses and actively developing high-value-added areas, such as smart products and system solutions, with the objective of "becoming the key driver in realizing global electrification, intelligence, and green energy." in order to build up a macro-perspective and high-quality world-class brand.

Milestone

2024

TECO and Zhen Ding Reach Strategic Cooperation to Deepen Energy Saving, Carbon Reduction, and Sustainable Development Business
TECO Asset Activation: Groundbreaking for Songjiang Road Building Reconstruction Create a New Landmark: an Intelligent Green Building
TECO Announces Acquisition of Shenchang Electric Co., accelerating Entry into the Global Transformer Market
Zhongneng Offshore Wind Farm Completed, with TECO Serving as the Onshore Substation EPC Contractor
TECO and Danfoss Sign MoU to Enhance Energy Efficiency in Asia Pacific Mining
TECO Will Produce e-Bus Powertrain for the Indian Market With China Steel Products
TECO Partners with Siemens to Produce Fluorine-Free Clean-Air Gas Insulated Switchgear (GIS) Equipment in Taiwan
Mr. Morris Li Appointed as Chairman, Announcing the New Slogan: “Together, We Empower the Future”
TECO Builds "1+N Carbon Management Exemplary Team" With YunTech and TRI
TECO Forges Global Green Mobility Landscape: Expanding into Fast Charging Stations and Electrification of Modified Vehicles Market
Taipower Kicks Off TECO-Constructed Longtan Energy Storage System

2023

Completion of high-efficiency low-voltage motor plant in Nuevo Leon of Mexico
Inauguration of high-efficiency low-voltage motor plant, a joint venture with Mitsui, in India
Landing of turnkey contract for Zhanggong step-up station and Yongxing switching station STATCOM
Join hands with Danan Bus and RAC Electric Vehicles in forming an electric-vehicle supply chain Inroads into optical-storage market via 100% takeover of Taipeng Energy
Signing of memorandum of cooperation with ABB for pushing offshore substation

2022

Landing of turnkey contract for the Longtan energy storage system project of state-run Taiwan Power Company
Signing of turnkey contract for onshore voltage step-down substation with Hai Loong Offshore Wind Farm
Signing of letter of intent for cooperation with ABB for pushing offshore wind-power substations
"Mobile collaborative robot" T-Pal granted silver award of the Taiwan Excellence Awards
Holding of the first "green brain innovation" competition for junior-high and elementary-school students
Passage of TIPS A-grade certification for "Taiwan intelligent-property management norm" for 2nd time

2021

Domestic first selected 20 counties and cities "every class has air conditioning" plan
Bid for the third terminal area main terminal mechanical and electrical engineering
Contract hailong land step-down station integrated project
Signed a letter of intent to cooperate with Huade Kinetic energy for 500 electric buses
100 mobile air conditioners were donated to the screening station
「Intelligent spray epidemic prevention robot」won the Taiwan Boutique Silver award
Even two years selected DJSI the dow Jones sustainability index - emerging market stocks

2020

Inauguration of onshore engineering works as general contractor for Changfang and Xidao offshore wind farms
Rollout of Taiwan's first self-developed "smart anti-epidemic UVC sterilization robot"
Selected as constituent stock of the Dow Jones Sustainability Emerging Markets Index
e-car powertrain T Power granted golden award of Taiwan Excellence Awards
Inductive meal-delivery system granted silver award of National Invention Award

2019

Join hands with Taiwan Sugar in forging Taiwan's first smart green-energy residential park
Inauguration of IE3 small-motor plant in Becamex industrial park III in Vietnam's Binh Duong Province
Join hands with CIP in breaking ground on the installation of onshore substation for Changfang Xidao offshore wind farm
Smart meal-delivery robot granted silver award of Taiwan Excellence Awards
Share listing of ITTS (Information Technology Total Services) on the over-the-counter market

2018

Ground breaking on Vietnamese motor plant, making Vietnam a major production base of TECO Group in Southeast Asia
Inking of memorandum of cooperation with Mitsubishi Heavy Industries for production of offshore wind-power systems
Granted four awards of Taiwan Corporate Sustainability Awards (TCSA)
Electric trishaw Trike granted excellent award of 2018 System Integration Export Awards

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
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

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

2015

Setup of joint venture "New Energy Wind Power Co., Ltd." with China Steel Group
Ms. Sophia Chiu became chairman
Acquisition of major Italian gear reducers manufacturer Motovario S.p.A., inroads into power transmission system

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"

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

2012

2MW large wind turbine granted golden award of Taiwan Excellence Awards
Launch of whole-series electric-car motor

2011

Completion of new plant of Taian Technology (Wuxi)

2007

Engagement in wind-power industry, successful development of 2M-grade wind turbine
Publication of "TECO GO ECO" carbon-abatement, earth-protection corporate declaration, dedication to the green-energy industry
Mr. Liu Chao-kao became chairman

2005

Setup of joint venture "TECO-Yaskawa Motor Co., Ltd." with Japan's Yaskawa Electric Corp.

2004

Setup of TECO General Laboratory

2003

Inauguration of mass production at Wuxi TECO Electric & Machinery

2001

Winning the national health insurance IC card project of the National Health Insurance Administration with a joint bid with German, Japanese, and domestic enterprises

2000

Cooperated with government in constructing the Nangang Software Park and moved TECO headquarters into the park

1999

Founding of Information Technology Total Services (ITTS), inroads into information service industry

1998

Founding of Creative Sensor Inc.

1995

Acquisition of Westinghouse Motor Co., Ltd. for the setup of TECO-Westinghouse Motor Company

1993

Founding of TECO Technology Foundation

1991

Mr. Theodore Mao-hsiung Huang assumed chairmanship

1990

Founding of An-Shin Food Service, introducing Japan's MOS Burger into Taiwan, and founding of Royal Taiwan Co., Taiwan, introducing Japan's Royal restaurant chain, inroads into dining and service industry

1986

Setup of joint venture TECO-Westinghouse Motor Co., Ltd. with Westinghouse Electric of the U.S.
Development of first indigenous special air conditioner for clean room

1983

Development of Taiwan's first three-in-one all-season air conditioner

1982

Mr. Lin Chang-cheng assumed chairmanship

1981

Founding of Lien Chang Electronic Enterprise

1980

Setup of joint venture TECO-Westinghouse Motor Co., Ltd. with Westinghouse Electric of the U.S.

1979

Founding of Tecom Co., Ltd.

1978

Development of 5,000 hp, 8p electric motor, the largest in Taiwan

1975

Cooperation with Mitsubishi Corp. in producing super-thin refrigerator

1973

Share listing of TECO Electric & Machinery Co., Ltd.

1972

Setup of Tamsui plant for producing calculators, TV, and air conditioners, inroads into home-appliances business
Setup of first overseas branch, TECO Singapore

1969

Founding of Taian Electric Co., Ltd., for production of various switches and VS control panel

1966

Export of motors to Singapore, Malaysia, and the Philippines
Successful development of the first 1,000-hp motor in Taiwan

1965

Initiated automated production of one under-30hp motor every four minutes

1962

Export to Vietnam, Thailand

1960

Production of first indigenous 300hp motor

1956

Founding of TECO Electric and Machinery Co., Ltd.

Honor of awards