1972 |
The company was established with total capital of NTD3800 (USD144). Employees:5 |
1983 |
Total capital increased to NTD 2,000, 000(USD80, 000). Employees: 40. Annual turnover: NTD100,000,000 (USD4,000,000). |
1988 |
Factory automation launched. |
1990 |
Total capital: NTD6 million (USD240,000). Products approved by TUV. |
1992 |
Total capital: NTD12 million (USD480,000). Employees: 60 Annual turnover: NTD170 million (USD6,800,000). Metallurgy tools and AC-11 received U. S. A. patents. |
1994 |
Automation & improvement for Forging process. Monthly capacity: 12 million PCS The Ratchet Screwdriver series received U.S.A patent. |
1995 |
Building area was extended to 54,540 ft². New Quality Control System established |
1997 |
Bosch started to issue orders after survey. |
1998 |
RH1 and RH8 Ratchet Screwdrivers won The Award of Excellent Product in Taiwan. |
1999 |
SGS ISO-9002 certification. RH2 and RH8 Ratchet Screwdrivers won The Good Design of Taiwan. PHILLIPS SCREW COMPANY authorized Meeng Gang to produce ACR and PSD patent products. |
2000 |
RH9 and RH10 Ratchet Screwdrivers were developed. Ralter series; the brand of power tool accessory; were developed. RIB and AC-11A new products were developed. |
2001 |
Enterprise Culture reformation program. |
2002 |
PHILLIPS SCREW COMPANY cooperate with Meeng Gang in Forging technology to develop PSD products. RH11, RH12 and RH13 new products were developed. RH5P for electrical engineer received GS of TUV certification. |
2003 |
ERP system was installed; whole company was operated by E management. MAKITA started to issue order after survey. New product Screwdriver Locator received Taiwan PAT. |
2004 |
COOPER started to issue order after survey. |
2005 |
Screwdriver Locator received USA PAT. RW14 Stainless Ratchet Wrench was introduced into the market. MG Tools logo was introduced into the market. Meeng Gang started to attended exhibitions. Phillips Screw Company authorized Meeng Gang to produce Tri-wing and Torq-set with ACR. |
2006 |
New products TOP Countersink and TOP Counterbore were introduced into market. New Product Light & Floating Screwdriver received Germany Patent. New Office Building construction project was completed. CNC machines purchasing project was completed. Monthly capacity: 16 million pcs. |
2007 |
New office building was completed. Lighten Floating Screwdriver project received subsidy of “ Assisting Traditional Enterprise in Technology Developing Program” from IDBMEA Taiwan. |
2009 |
New product: Patented Lightweight Stainless Steel Screwdriver & Precision HSS Screwdriver introduced into the tool market. |
2010 |
SGS ISO9001-2008 Certification. Lighten SS Screwdriver with Hollow handle available in the market. Bimetal precision T-Bar screwdriver was introduced into the tool market. |
2012 |
New product: Impact Resistant Screwdriver Bit was introduced into the tool market. Powers Fasteners started to issue orders after survey. |
2014 |
Meeng Gang started to cooperated with Mininch to produce culture and creative tools - Tool Pen & Mini Pen. New product: TorsionArt Bit, was introduced into the tool market. New woodworking accessory, Mini-Turbo Bit was introduced into the tool market. |
2015 |
New product: Stick fit star bit Magic Ribs was introduced into the tool market. |
2016 |
SGS ISO 9001-2015 Certification. New product: stick fit hex bit HEXtra was introduced into the tool market. |
2017 |
New product: Transforming 9pcs Magic Ribs L-wrench & HEXtra L-wrench were introduced into the tool market. |