History

Initially, the founder couple operated 3 manual lathes and 1 milling machine to serve the local small factory. It mainly provides ordinary lathe parts. Each lathe can produce 800 to 100 parts with a diameter of less than 60 mm per day. and the profit can only support the living. However, in the cumulative production process, the continuous improvement of turning technology can produce more precise parts.

With the development of society and industry. Turning parts can no longer meet the local market. So Neway Company was established and the first milling machine was purchased with a loan. And use this milling machine to provide more complex parts for local mechanical equipment manufacturers. Even in the simplest environment, Neway always maintains high requirements for the quality and accuracy of parts, which also makes Neway a high reputation in the local market.

Neway started the design and manufacture of simple molds. Neway started the manufacturing of aluminum alloy sand casting mold and laid the foundation for mold design and manufacturing in this process. The products manufactured through the molds produced by Neway have precise tolerances and excellent appearance.

After seven years of efforts, Neway has developed nearly 500 sets of molds. In the local market, Neway provided 80% of injection molding plants, die-casting plants, and equipment manufacturers with mold design and manufacturing services and won unanimous praise. At the same time, in order to meet the needs of customers, Neway introduced a 3-axis CNC machining center. It also expanded the plant area to provide customers with the best OEM& ODM services.

Neway horizontally expanded its business scope and added 3 large die-casting machines. Start to die casting OEM service. The production of die-casting is more efficient and material-saving than CNC machining. At the same time, it has higher product stability and consistency. Die casting is also more suitable for mass production services.

With the rapid development of China industry, Neway is committed to providing customers with metal parts. And further into the production field of metal injection molding. Designed to provide OEM production of high-precision and high-complexity small stainless steel and hard alloy. Solve the low precision problem of precision casting such as investment casting in the production of small stainless steel and hard metal parts.

The original founder retired, leaving the last photo with the client. The new CEO inherited his father's career. And pushed it to the climax. The newly appointed CEO has received the influence of the manufacturing family culture since he was a child and has unique insights into the manufacturing industry. Neway began to march towards the industrial route of automated production. This will greatly reduce manufacturing costs and improve product consistency and stability

In order to further reduce the customer's production costs. Neway is planning an automated workshop, using machines to replace labor to reduce production costs...This is a huge challenge for Neway, an automated workshop has extremely high initial costs. But Neway will keep reforming to adapt to the market.

Neway keeps increasing the automation of production lines. And submitted another customer's satisfactory answer. At present, the cost of operating workers in the Chinese market is about 1000 USD per month. The automation equipment to replace a worker is about 10000 USD. After installing automation equipment for 1 year, the equipment can start to provide its residual value. Provide customers with more competitive prices in the market competition