Double-first in China
EFD Induction (Shanghai) achieved a spectacular result in deliveries and orders for the first quarter of 2003. The news is particularly welcome in light of the SARS outbreak, which some observers feared might dent demand for capital equipment.
Heading the good news is the sale and delivery of the first ever made-in-China EFD Induction vertical hardening machine. “The sale” says Managing Director Qin Song, “goes a long way towards establishing us an induction heating force here in China. We now have the capability to make and deliver horizontal and vertical machines. The fruits of the breakthrough are already apparent, as we’re due to deliver another two EFD Induction hardening machines before the end of the year.” EFD Induction (Shanghai) also made its first sale in China’s tube and pipe market. “It’s quite an event for us,” comments Song, “as the sale involves a WELDAC 700 to the Shanghai Bao Steel Group, China’s biggest steel maker. The WELDAC 700 is being manufactured by EFD Induction Norway, and is to be installed in a coldbending line.