Neway CNC Equipment Co., Ltd.

[Jiangsu China (Mainland) ]

  • 1st
Business Type:
Manufacturer
Year Established:
1997
Total Revenue:
US$5 Million - US$10 Million
Main Markets:
North America, South America, Eastern Europe, Southeast Asia, Africa, Oceania, Mid East, Eastern Asia, Western Europe

Company Description

NEWAY International Group (NIG) can be traced back to earlier 1997, his prime name was Suzhou Neway Machinery Corporation Limited, a joint venture between China-based Suzhou Zhenghe Machinery Corporation Limited and America-based NEWAY Industry Corporation Limited. At the initial ten years, he had dramatically grown into one of worldwide famous machine manufacturers through hard working of NIG's people. At present his main business focus on Research, Manufacture and Service of CNC equipment, oil field devices, industrial materials and industrial valves, CNC machines and also involves in hardware trade, etc. The head office of NIG is located at Texas state of USA. The whole Group employed the advanced SAP management system and warehouse "bar code" management technology. NIG have a management structure of multi-plants with sub-multi-divisions.

Neway International Group has established 9 Chinese companies including CNC Equipment with over 3800 staffs and 6 overseas companies/sales offices separately distributing in America, Europe, Middle East, South America. One of them has an independent warehouse and kept enough inventories of product and spare part so as to meet the local client's urgent requirements. In addition, NIG also built a well global sales net, in China market direct sales companies and offices were distributed in each main cities, and in overseas more than 40 main industrial countries NIG has singed the agreement of agent/distribution with local strategic partnership.

Neway Group is a self-innovative corporation and implements the strategy of global market, research and development, manufacture and human resource. He has established 2 China-based R&D centers: machine tool and valve. The number of machine tool employees is over 600, thereof, 140 are senior engineers for R&D. There are many talented staffs who are receiving the special allowance from machine tool research institution belonging to Chinese goverment.

Suzhou, China will still be the main base of R&D and manufacturing for Neway in the future. The perspective of NEWAY is to be a global machine manufacturer original from China and leader in mechanical area in China and even in the world.