TECO Electric and Machinery

{{Short description|Taiwanese electronics company}}

{{update|date=January 2025}}

{{one source|date=May 2021}}

{{Infobox company

| name = TECO Electric & Machinery Co., Ltd.

| logo = TECO Electric and Machinery logo 20120316.png

| type = Public

| traded_as = {{TSE|1504}}

| foundation = 12 June 1956

| location_city = Nangang District, Taipei

| location_country = Taiwan

| key_people =

| industry = Electronics

| products = AC Motor

AC Drives

Motovario Gear Reducer

Air Curtain

Machine Health Management

| revenue =

| num_employees =

| homepage = {{URL|http://www.teco.com.tw}}

}}

TECO Electric & Machinery Co. is a Taiwanese company specializing in the manufacture of industrial electric motors.{{cite news |date=4 May 2021 |title=Mitsui, TECO to set up plant for EV motors in India |url=https://www.mobilityindia.com/mitsui-teco-to-set-up-plant-for-ev-motors-in-india/ |access-date=23 November 2024 |publisher=Mobility India}} The company also manufactures and installs various electrical and mechanical equipments such as telecommunication equipment and home appliances.

History

Taiwan Electric Company (TECO) was established in 1956.{{Cite web |title=TECO - About Us |url=https://www.teco.com.tw/en/about/#:~:text=The%201950s-,1956,Founding%20of%20TECO%20Electric%20and%20Machinery%20Co.,%20Ltd.,-Honor%20of%20awards |access-date=2024-12-12 |website=TECO |language=zh-TW}} In 1988, TECO began a joint venture with Westinghouse Electric to form TECO Westinghouse Motor.{{Cite web |last=Dev1 |first=Dev1 |title=Company Profile |url=https://www.tecowestinghouse.com/company/company-profile/#:~:text=In%201988,%20Westinghouse%20Motor%20Company%20was%20established%20as%20a%20joint%20venture%20between%20Westinghouse%20Electric%20and%20TECO%20Electric%20and%20Machinery%20Co.,%20Ltd. |access-date=2024-12-12 |website=TECO-Westinghouse {{!}} The world leader in manufacturing electric motors and generators |language=en-US}} In 1989, TECO Industry Malaysia was founded.{{Cite web |title=Teco Industry Malaysia Sdn Bhd - Company Profile and News |url=https://www.bloomberg.com/profile/company/6068750Z:MK?embedded-checkout=true |access-date=2024-12-12 |website=Bloomberg.com |language=en}}

In 2025 TECO has acquired Malaysian electromechanical engineering company NCL and its renewable energy subsidiary, NCL Green Energy Sdn Bhd.{{Cite web |url=https://www.publicnow.com/view/1EFD4B8C81E3CAF2E2F20A0174172031E49937E9?1742183205 |title=TECO Board Approves the Acquisition of Malaysian Electromechanical Engineering Company NCL |publisher=PublicNow |date=March 17, 2025 |access-date=June 21, 2025}}

See also

References

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