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| Type | Public (TSE: 2101) |
|---|---|
| Founded | 1954 |
| Founder(s) | Ma Chi San |
| Headquarters |  Jhongli City, Taoyuan,Taiwan |
| Key people | Ma Shao Jinn, Chairman, Shu Jam Ma, CEO |
| Industry | Automotive |
| Products | Tires |
| Operating income | ▲ NT$8.8 bln.(2007)[1] |
| Employees | 2100 (2008) |
| Subsidiaries | Federex International JiangXi Federal Tire Highpoint Trading Ltd. Ta Shin Development Co. |
| Website | www.federalcorporation.com |
Federal Corporation (TSE: 2101) (traditional Chinese: 泰豐集團)is a Taiwan based tire manufacturer, headquarters in Taoyuan, Jhongli City. Nowadays it operates a Federal Group, which includes marketing, real estate divisions and two tire manufacturing plants: original plant in Taiwan, Jhongli and 100% owned plant in China, Jiangxi, Nanchang (acquired in 1997).
Company has two major brands: Federal Tires and Hero tires. Federal brand is aimed at positioning on global market, and Hero is mostly oriented to the mainland China internal market.
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Milestones
- Federal Corporation was founded in Taiwan, Jhongli in 1954 as a rubber company, producing its first tire in 1958. Initial tire exports commenced in 1965.
- Technical cooperation with Bridgestone Tire Co. Ltd. began in 1960 and lasted for almost 20 years, when in 1981 company switched to technical cooperation with Sumitomo Rubber Industries, Ltd. (a.k.a. Dunlop Tire Japan).
- First passenger radial tire (PCR) production was commenced in 1978. And in 1979 company shares listed publicly (IPO) offering significant increase in operation capital.
- Federal Tires received Quality A Supplier Award in 1986, FORD Q1 Award in 1990 from Ford Automobile, and GM/Opel Award for contribution in Opel Astra project from General Motors Corporation in 1990. Honda also issued a Quality award in 1993.
- Federal has established a strong network of overseas distributors with more than a hundred national/regional representatives throughout 70+ countries and still expanding.
- Throughout its history the company has never loaned any funds, always persisting on its own, and in recent 10 years never suffered losses.
Federal Tires
Federal Tires is a major brand of Taiwan based Federal Corporation. Brand is widely known worldwide, especially in the US, Japan and Australia, for its motorsports and racing designated products. Brand is also warmly accepted by drifters worldwide for reasonable price, outstanding performance and high reliability.
Federal Tires offer wide range of tires, including industrial bias tires, commercial truck tires and its major product - passenger car tires.
Hero Tires
As far as Hero tires brandname is a secondary brand of Federal Corporation, most of JFT produced tires resemble Federal branded tires in designation. Recently company started implementing new strategy of promoting Hero worldwide as an Asian tire brand.
Marketing
Company is an active promoter of drifting, time attack, touring car race and rally motorsports worldwide, with most activities in the US, Japan and Australia, being a sponsor of different Racing teams.
References
- ^ "Federal Corporation". Federal. http://federalcorporation.com/en/html/ir_fs.html. Retrieved 2008-11-18.
External links
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Wikimedia Commons has media related to: Federal |
- federalcorporation.com Federal group
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