Traditional industries can also nurture the flower of life. FCS, a 45-year-old company, uses the Internet of Things and AI big data to make it easy for a factory manager to manage dozens of machines around the world, saving manpower and increasing yield. Under the leadership of Po Hsun Wang (founder), Jerry Wang and Alan Wang (successors), FCS has made Tainan's plastic injection molding machine industry emit "the light of Taiwan".
In November, many companies in Taiwan have been lax in epidemic prevention, but guards at FCS of Tainan Guanmiao still ask visitors to wear masks, take their temperature and help them to put on identification stickers. Rigorous epidemic prevention measures and the large modern plant (more than 60,000 square meters) reveal that FCS is an international enterprise.
After traversing the plant and stepping up to the headquarters building, you will feel like returning to Taiwan in the 1980s. Polished wooden carved marble seats are placed in the visitor area on the first floor. On the wall is the large-scale poster of the "company song of FCS" composed by Ruey-Ho Kao in 1986: the brilliant minds of the FCS are diligent in work; everyone works hard to start a business. Talented people come here from all over Taiwan; let's stride to the target.
The lyrics tell the story of FCS's founding. In 1974, Po Hsun Wang and his brothers, from a poor family set up a lathe factory on " Fu Chun" Road in Tainan City. As can be seen from the lyrics, they expect all employees to work together to achieve a win-win situation.
Strict management and modern factory are in contrast with 50-year-old marble seats and the yellowed and damaged song sheet. When chairman Po Hsun Wang handed over his business card, we can finally understand why this old company has a "young and innovative" soul.
At the bottom right of his name is printed "Doctor of Engineering"
Po Hsun Wang is diligent in his studies and got his Ph.D. at the age of 75
Po Hsun Wang, 75, was born into a well-off family, but her family fell on hard times just before he graduated from junior high school. As the eldest son, he had to support the family, so he worked and took care of his two younger brothers while studying. Encouraged by his teacher, he was admitted to Tainan High School. After graduation, he worked during the day and took care of his family after work.
After he and his two younger brothers started their business, he pushed himself to keep pace with the times. At the age of 35, he was admitted to Southern Taiwan University of Science and Technology (formerly known as Southern Taiwan Technical College), and then went to the University of Notre Dame in Detroit to study for a master's degree in business administration. In 2014, at the age of 70, he was admitted to the National Kaohsiung University of Science and Technology, where he spent five and a half years to obtain his Ph.D. in Industrial Engineering and Management.
He grasped the pulse of the times through learning. Four years after his start-up, he transformed the lathe factory into a plastic injection molding machine manufacturing factory, and transformed the traditional industry into the high-tech and medical industry. FCS is now the No.1 plastic injection molding machine factory in Taiwan.
Although Po Hsun Wang is in an industry where products are widely used and in high demand (plastic products for food, clothing, housing and transportation are all produced by injection molding machines), it has few barriers to starting a business in this industry. "We have to innovate to get ahead of our peers," said Po Hsun Wang. " He continued to make FCS more competitive, keeping FCS's revenue (about USD3.4 billion) at 2.5 times that of the No. 2 enterprise in the industry.
Whenever customers have new demands, it is the time for FCS to show its ability. In 1984, when Colgate wanted to make the two-color toothbrush handle, the team of FCS immediately developed the two-component injection molding machine, and took the lead in launching the multi-component injection molding machine with the heaviest tonnage in the world. In 2009, to meet the demand of Eagle Eyes, the leader of modified car lights in Taiwan, FCS injected molded red, yellow and white rear lamps.
The innovative status of the FCS injection molding machine has been seen by the world, and even mainland China invited FCS to help formulate the specification of the multi-component injection molding machine in greater China. "With the completion of equipment specifications in mainland China in 2017, more business opportunities have been created," said Alan Wang, CEO of FCS.
Over the past few years, FCS products in the mainland China market has been growing under the efforts of Po Hsun Wang's eldest son Jerry Wang, vice chairman of the group and chairman of China FCS Headquarters. The new plant in New District of Hangzhou Bay is expected to triple in size after mass production in 2023, when the share of revenue of FCS in mainland China will exceed 50 %.
A few years ago, FCS set up a factory in India, which has a population about the same as China's and uses nine times more plastic than mainland China. China and India are regarded as the twin engines of FCS' future growth.
FCS has won numerous awards, including nine Taiwan Excellence AwardsFrom mass production to customization, FCS has not only grabbed the auto parts market share, but also extended tentacles into intelligent manufacturing. In 2010, FCS was upgraded to a provider of the injection molding machine solution. Alan Wang talked about the new opportunity. Combined with the Internet of Things and AI's comprehensive solution, the machine can automatically detect and adjust the abnormal manufacturing process. A factory director can manage the global production line through a monitor.