Taiho Tool Mfg. Co., Ltd. (Taiho), OSG Corporation’s subsidiary in Taiwan, celebrated its 50th anniversary with a crowd of over 800 guests at the Grand Hi-Lai Hotel’s Arena Banquet Hall in Kaohsiung City on the evening of May 10, 2019. In addition to the 398 OSG employees, more than 400 clients and business partners from around the world gathered in Kaohsiung City in celebration of Taiho’s special milestone.
Headquartered in Kaohsiung City, Taiwan, Taiho was formed with the merger of screw manufacturer Chun Yu Works & Co., Ltd. and OSG Corporation in 1969. Chun Yu Li, founder of Chun Yu Works & Co., was using OSG taps for its screw production at the time. Li was attracted by the high-quality threads created by OSG taps and decided to visit OSG Corporation in Japan. Upon meeting with OSG’s founder Hideo Osawa, the two leaders shared mutual admiration and synergy, and launched a joint venture in Taiwan, which would ultimately become today’s Taiho. Since then, Taiho has integrated the technologies of Japan and Taiwan to produce taps, gauges and rolling tools. Taiho today employs a total of 538 staff and has three manufacturing plants in Taiwan and China.
Since 2011, Taiho has launched its very own drill reconditioning and coating business in addition to its existing core products and services. Taiho has also recently added carbide tooling as well as surface treatment to further expand its business domain. As Taiho celebrates 50 years of success, the company will strive to become the number one comprehensive cutting tool manufacturer in Taiwan and continue to contribute to the manufacturing sector worldwide.