Government Grant for Advanced CNC Machines
Singapore government gives grant to Tungray
Tungray Technologies Inc. has received a government grant from the Singapore government to purchase four advanced Computer Numerical Control (CNC) machines. This move aims to enhance the company’s production capacity and efficiency to meet growing customer demand, particularly for high-precision projects.
The strategic advantage is as follows:
- As a result of the new CNC machines, the customized industrial manufacturing sector will be able to produce products with higher quality, reduce delivery times, and maintain competitive advantages.
Tungray Technologies COO Yao Wanjun expressed gratitude for the government’s support, stating, “These new CNC machines will significantly improve production efficiency, reduce operational costs, and provide a long-term competitive advantage for the company.”