Search  
       
Categories
07 / 2008
04 / 2008
12 / 2007
07 / 2007
 
 
Following the movement of Hutchin office, the Hutchin test lab will be moved as well to be close to office.
 7-17-2008
After the catastrophe Sichuan Wen Chuan Earthquake, everybody in the company deeply felt the pain of stricken Sichuan people and donated to try our best to help them to go through the hard time. Moreover, under the name of Hutchin, USD20,000 has been donated. We bless the survivals of Wen chuan Earthquake can come back to normal life soon.
 7-17-2008
The RMB/USD exchange rate has increased from 7:1 in March to 6.8 today which is over another 4% appreciation. It’s forecast that the exchange rate will go down to 6.5 at the end of the year. What’s the tendency for 2009 is unknown to everybody. According to the forecast by some analysts the appreciating speed would slow down after the Olympic Games held in Aug. This is due to the currency inflation has slowed down in past several months. Therefore, the pressure forcing the RMB appreciation is reduced a bit. However, the future is still a mystery.
 7-17-2008
15 new items were added in first three months covering Air Tools, Bench Top Tools and Hand Held Electric Tools. Another 15 new items will be added in next three months.
 4-3-2008  

The RMB/USD exchange rate has increased from 7.25:1 in Jan to 7:1 in March which is over 3% appreciation.

The cost for main material for Tools and Equipment such as Steel has increased by more than 10% since Jan to Mar.

Furthermore, since 2008 Jan 1, the new Law regarding the labor has been implemented which cause the labor cost as part of production cost has gone up by 1-2% average.

These three main factors have caused the general cost for Power Tools are going up dramatically since Jan. The whole environment for future of Machinery and Tools export chain will be more challenge. However, it’s chance as well.

4-3-2008  
The Annual Party will be held in She Shan Forest Resort on Jan 18. All the company members 50people will attend the party.Each department will do performance and play games to celebrate the Chinese New Year.
 12-24-2007  
The company will move to new building in Mar 2008. A bigger office and more organized working area will assist to expand the business in 2008. The new office locates at: #568 West Tian Shan Xi Road, Cartelo Crocodile Building RM B601-B608
 12-24-2007  
We'll attend the Shanghai Hardware show from Oct 23, 2007 to Oct 25, 2007 at booth E2E36.  Products in Lighting and Automotive will be shown there with new fashionable Design. If you want to find something new and something high quality, you should not miss our booth.
 07-07-2007  
We'll attend the Moscow Intertool Show from Oct 30,2007 to Nov 2, 2007. Our booth number is Hall 3 A8-02.  Products in Hand Power Tools for both professional use and home use will be on show. Sincerely welcome yours visit. 07-07-2007  
 
© 2001-2007 HUTCHIN Limited CopyRights Reserved