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History

1990.12

Factory Automation Technology was founded with paid-in capital 400 million dollars by former chairman Chuang Guoqin for developing aerospace industry in Mixiong industrial zone

1993.11

Capital increased by cash,60 million dollars, and paid-in capital is 100 million dollars.

1995.04

Technical cooperation with Mitsubishi Electric wire cutting production CX.VX series.

1995.05

 Technical cooperation with Japan SHARP SK series rotary machine.

1996.08

Newly added processing equipment---Mazak Horizontal Machining Center.

1996.08

Newly added processing equipment---5 Sides Machining Lathe.

1996.11

Newly added processing equipment---Horizontal Boring Milling Machine.

1996.11

Newly added processing equipment---NC Lathe.

1997.11

Newly added processing equipment---5 Axes Machining Lathe.

1999.09

CNC lathes series and BMC series were produced and had the brand name of FEMCO. FEMCO began brand marketing all over the world.

1999.12

Zhuang guo Hui took over as chairman after the election of the Board.

2000.01

Fatek began producing Horizontal Boring Milling Machine (BMC), Vertical lathe (VL) and developing global marketing by our brand “FEMCO”.

2003.03

Developing new product,WHL-55SP,which is especially made for environmental protection and awarded the SECOND PRIZE in NC-lathe section by TIMTOS.

2003.03

Increase production equipment-the first set of automatic storage equipment

2003.12

Capital increased by cash,500 million dollars, and paid-in capital is 105 million dollars.

2004.11

Capital increased by net profit, 9.45 million dollars, and paid-in capital is 114.45 million dollars.

2005.03

Developing new products,BMC-T2,WVL-F24,HL-25DM.
HL-25DM is awarded the FIRST PRIZE in NC-lathe section by TIMTOS.

2005.04

New office for sales department.

2007.03

WVL-F24A is awarded the EXCELLENT PRIZE in NC-machine tools section by TIMTOS.

2007.03

BMC-FT2 is awarded the SECOND PRIZE in Machine Center section by TIMTOS.

2008.07

Capital increased by net profit,28.34 million dollars, and paid-in capital is 188.02 million dollars.

2008.11

Capital increased by cash,41.98 million dollars, and paid-in capital is 230 million dollars.

2009.03

BMC-250T is awarded the EXCELLENT PRIZE in NC-Machine tools section by TIMTOS.

2009.09

Capital increased by cash,23 million dollars, and paid-in capital is 253 million dollars.