Corporate Milestones

1988 Incorporation of Company
1989 Started production in Penang with capacity of 850 metric ton (MT) per month. 6 months later, the Group’s production capacity increased to 1,000 MT per month.
1990 Built additional factory block which raised production capacity to 2,000 MT per month
1991 Increased capacity to 4,000 MT per month
1992 Obtained ISO 9002 accreditation
1996 Moved to current premises at Bukit Tengah Industrial Park, Butterworth with improved facilities and doubled capacity to 8,000 MT per monthIncorporated a fully automated and computerized warehouse system
1999 Became a wholly-owned subsidiary of Chin Well Holdings Berhad and successfully listed on the Main Board of Kuala Lumpur Stock Exchange, now known as Main Market of Bursa Malaysia Securities Berhad
2000 Invested in new automated packing facilities which enable the Group to achieve Small Box output of 3,000 MT per month. Expanded WIP Automatic Warehouse and Finished Product Automatic Warehouse.
2001 Increased Production Capacity to 8,800 MT per month
2002 Obtained ISO 9001:2000 accreditations. Expanded Finished Product Automatic Warehouse further
2004 Incorporated Vietnam Plant, Chin Well Fasteners (Vietnam) Co. Ltd
2005 Commenced Vietnam Plant operations commenced operations in Nhon Trach District, Dong Nai ProvinceUpgraded the existing wastewater treatment plant to Biological treatment in Malaysia plant.
2007 Obtained ISO 9001:2008 accreditation
2009 Increased number of threaded bar machines in Malaysia plant
2011 European Union (EU) listed Chin Well as one of eight Malaysian fastener manufacturers exempted from the 85% anti-dumping duty for fastener exports to Europe
2012 Established a 50-50 partnership with globally-renowned DKSH Holdings to set up Swisstec Sourcing Limited to supply fasteners, hand tools, and power tools to Asia and Europe Do-It-Yourself (DIY) markets

 

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