According to Grand View Research's market analysis report, the global precision engineering machines market was valued at $11.8 billion in 2020 and is predicted to grow at a CAGR of 6.6 percent from 2021 to 2028. As the precision engineering machines market in Asia grows, there will be an increasing demand for suppliers with a regional footprint to provide local solutions with quicker responses and shorter delivery lead times. Unisteel, a one-stop solution provider of precision-engineered components, has a proven track record and is well-positioned in China, Southeast Asia, and India to fully support their customers' needs.
Inventing Success Together
Unisteel offers an array of manufacturing capabilities using advanced technologies, including Fastening, CNC machining, Wire Forming, Metal
The company has the financial stability, technical expertise, and manufacturing competency to invest and scale up production to grow the business with its customers, making it an attractive long-term partner. Unisteel was founded in 1988 as a distributor of fasteners, then ventured into manufacturing in 1995, and later went public on the Singapore Exchange in 2000 before being acquired by KKR in 2008 and subsequently becoming a member of SFS Group (listed on the Swiss Stock Exchange) in 2012.
Today, Unisteel has grown to become a leading manufacturer of precision-engineered components with around 3,000 employees. The company, headquartered in Singapore, has a strong global network of sales and manufacturing operations in China, Malaysia, India, Vietnam, Thailand, Japan, and the USA, serving leading global customers in key market segments such as mobile devices, hard disk drives, lifestyle electronics, and medical devices. For medical business, the company serves as an extended manufacturing arm for SFS Group’s Division Medical under Tegra Medical by providing locally for local solutions for the medical business in Asia. ISO13485 certified, the company is a qualified supplier of precision Titanium and Stainless Steel components for end products such as Pacemaker for Cardiac Rhythm Management.
Stamping, Cold Forming, Plastic Injection Molding, and various surface finishing including proprietary surface treatments such as UNI-LUBE, UNI-SEAL, and the latest environmentally sustainable pre-applied thread locker, UNI-PATCH688. Unisteel is customer-oriented, highly automated, scalable, and flexible, with a proven track record in the industry.
Through some technologies transfers from SFS Group in Switzerland, Unisteel also creates value for customers with new manufacturing methodology and cost-effective local for local solutions. An instance that substantiates such value engineering is a success story of a high-volume complex metal component manufacturing in China for an electronic device, Unisteel succeeded in helping customers to switch production from using CNC machining technology to cold forming and automated 3D transfer stamping technology, resulting in significantly lower production costs through productivity improvement and reducing raw materials usage, which also helps in sustainability.
“We want to be the preferred development partner of our customers, therefore it’s important we are actively engaged in the frontend design of customers’ new products. Every aspect of the cost and quality will be challenged and addressed during the early development stage before the design is locked down so as to produce cost-effective components without compromising the performance”, says George Poh, CEO, Unisteel.
Value engineering. Inventing success together. We are an integrated solutions provider of advanced application development & manufacturing solutions for miniature precisionengineered components
Innovation, Automation, & Sustainability
Unisteel’s team offers value engineering services to its customers by providing design consultation and DFM (design for manufacturing) inputs, starting from early supplier involvement, and prototyping to mass production. The company aims to understand the specific requirements of each customer and create effective solutions across the entire value chain through innovation and automated processes.
Unisteel has a group of technical development experts who offer support to customers in overcoming challenges related to design and manufacturing. The company also organizes technical seminars to educate its customers’ engineers about effective component design and applications. The team's combined expertise across all functions and technologies allows Unisteel to create compelling solutions that add value to its customers. Unisteel's in-depth engineering capability, along with its value engineering approach, enables the company to support its customers’ needs more fully and grow together with them.
Apart from business excellence, Unisteel is committed to protecting the environment and minimizing its carbon footprint through sustainable practices in line with the corporate directives of SFS Group. For instance, the company has installed solar PV panels in its manufacturing plants in Malaysia and China. Unisteel is ready to address and support the supply chain requirements of its customers for a local solution, prioritizing its relevance in the industry by expanding its operations and resources in India and Malaysia while maintaining China as its main manufacturing hub.