Kafo 50 year Anniversary
Kafo celebrated their 50th Anniversary at TIMTOS 2019, bringing dealers from around the world to an awards ceremony and product launch evening. The 50th birthday celebrations could be seen on the stand and throughout the show.
TDT were invited to the top table with other European dealers. Many of the worldwide dealers have been selling Kafo for over 10 years. There are three overseas dealers with 12 years, one with 15, 23 and 25 years relationships with Kafo. By these standards, TDT are relatively new but hoping for a long and successful relationship.
In recent years the Kafo brand has grown exponentially as the double column machining centres and vertical machining centres become ever more popular.
- Sales revenue:
- 2014 $65m
- 2018 $91m
- 2019 $100m+ (estimate)
All areas of the world have seen huge growth with Europe representing 20% of overall sales, up to $18m of machines into UK, Italy, Spain and Germany
The dealer of the year award went to Kafo Korea Co. Ltd with over 100 machines sold into South Korea. The Kafo double column is the most popular double column in South Korea beating most of the Korean built machines. Offering reliability, accuracy, quality and value for money, its clear why Korea buy so many.
Trying out Taiwanese cuisine at the ceremony was an eyeopener, it all looked very scary but tasted amazing, as long as you could get it in/on your chopsticks. Stunning presentation and a party on your taste buds.
TIMTOS 2019 was used as an opportunity to launch new products, upgrades to existing models including the new Fanuc 32i control. A new range of brochures to ensure every aspect of the machines features are carefully explained. More information on each of the new machines to be reported on tdt-machinetools.co.uk soon
For more information on the Kafo range, get in touch and we’ll arrange to pop in to discuss further.