News Messages

The ACT Expo 2025, the world’s leading event in green transportation and charging technologies, opens on April 28 in California, USA. TECO Electric & Machinery is making its debut at the event, joining forces with its U.S. subsidiaries—TECO-Westinghouse Motor Company and NexE (charging solution sales company ),  ...

TECO held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL). TECO will acquire an 80% stake in NCL, becoming its largest shareholder and jointly expanding into Malaysia's MEP engineering market for data  ...

TECO Promotes ESCO Energy Services Theme to Help Enterprises Achieve Deep Energy SavingsThe 2025 Smart City Summit & Expo opens, with TECO Electric & Machinery Co. (1504) presenting "Energy Service ESCO: Optimal Power Solutions for Smart Cities" as its theme. The exhibition demonstrates how advanced e  ...

TECO Electric & Machinery Co. (1504) held a board meeting today (March 14), approving the 2024 financial statements.TECO announced that its total consolidated revenue for 2024 reached NT$55.23 billion, with an earnings per share (EPS) of NT$2.73. The board has proposed a cash dividend of NT$2.2 per share for the  ...

TECO Electric & Machinery Co. (1504) held a board meeting today (March 14), approving the new president appointment.As the current president, Thomas Fann, will complete his three-year tenure on April 6, 2025. Kao Fei-Yuan, the current president of the Green Mechatronic Solution Business Group, will take over as  ...

TECO Electric & Machinery Co. (1504) board meeting (March 14) approved the acquisition of Malaysian electromechanical engineering company NCL and its renewable energy subsidiary, NCL Green Energy Sdn Bhd, for up to MYR 70 million (approximately NT$520 million). The transaction is expected to be completed in the  ...

TECO Group's campus recruitment event officially kicked off on 8th, with the first stop at National Taiwan University’s Royal Palm Blvd. TECO stated that, in line with its development strategy focusing on electrification, energy efficiency, carbon reduction, and green energy advancement, the company seeks to re  ...

TECO Electric & Machinery Co., Ltd. has received high commendation from Taiwan Ratings. According to the latest rating report, TECO’s long-term issuer rating remains at “twA+,” and its short-term rating is “twA-1,” with a Positive outlook. These ratings, which rank among the highest in the peer group, fully affirm  ...

After implementing the "Taiwan Intellectual Property Management System" (TIPS) in 2021, TECO Electric & Machinery Co. (1504) has successfully passed the TIPS certification for several consecutive years, achieving an outstanding A-level rating. This demonstrates TECO's excellence in brand managemen  ...

TECO Electric & Machinery (stock code 1504) has been selected for the fifth time in the latest 2025 Sustainability Yearbook by S&P Global, placing it among the top 1% of global enterprises. The S&P Global 2025 assessment is based on the Corporate Sustainability Assessment (CSA) scores used in the Dow Jo  ...