Laizhou General Machinery Group Ltd. Was founded in 1997, and the staffs are over 400 now. The company is focus on the development of production and explore of market. Each year the fund investment of these two items are 4% of the total turnover of the company
The main productions are motor, beach grinder, beach & disc sander, table electric tools, etc. The motors are divided into aluminous made and armor plate made series, with totally 120 items. The bench grinders have 15 varieties and 40 items. The bench & disc sanders have 2 varieties and 4 items.
The productions are mainly exported to more than 20 countries and regions including Europe, north America, south America, Oceania, east Asia, etc. The annual capacity of motors and bench grinders are 2 million sets. The productions are produced as per domestic and international customer orders completely. Most of customers have signed long term contracts with the company.
In October of 2007 Yantai Induction Motor Engineering Technology Development Centre was founded by the company, as per approval of Yantai Science and Technology Bureau. The centre I mainly carried on the development of induction motor in Yantai area. The centre has developed high efficient and high torque frequency conversion motor has been appraised as province level technology production, and has reached domestic top level, and has won the reward of excellent energy saving of Yantai and received the certificate of Yantai energy saving reward by Yantai Municipal government. The company has won the reward of enterprise development by Laizhou municipal government in 2007.
The strategic business target of the company is: with taking motor and machinery production as the core, and in next 5-10 years the scale of the company reach the turnover of 2 billion yuan; With taking table tools with induction motor as basic and adding series motor, gradually develop professional and industrial production; meanwhile develop relevant electric machinery productions, and will set up worldwide influential electric machinery producing base.