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China Feiyue Sewing Machinery Group was founded in 1986 by Qiu Jibao, [1] and is one of the largest non-state enterprises in China. Its headquarters are in Taizhou, Zhejiang province, and the company has over 30 international offices in other countries.
The group produces 31 series of domestic and industrial sewing equipment, including over 300 separate products. Most of the group's sales are of computerized industrial sewing machines, electronic domestic sewing machines, and automated embroidery machines. Annual sales have reached US$166,000,000.00 worldwide and have been increasing steadily for the last decade,[ when? ] [2] [3] with the company supplying international companies such as the Singer Corporation.
At the beginning of 2009, China Feiyue went through a restructuring process in order to minimize financial damage from the 2008 global financial crisis. Feiyue saw its sales plummet due to fear of an economic downturn from its largest customers. [4] As part of the restructuring, the company gained several new investors, and the company was able to enter other markets such as recycling, automotive and other industries with the help of the new participants. [5]
China Feiyue USA Inc. was established in 1997 in Pomona, California, primarily to gather market data and research information about the North American market, but also to offer aftersales service to North American customers. The company has since moved its facilities to Chino, California. To date,[ when? ] it has formed partnerships with over 1,500 dealers in the United States to promote, distribute or service Feiyue products. China Feiyue USA Inc. is led by general manager Ke Dong, a native of Hangzhou, China.
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JUKI Corporation is a Japanese manufacturer of industrial sewing machines and domestic sewing machines, as well as high-technology SMT assembly equipment and is headquartered in Tama-shi, Tokyo. It is one of the leading industrial machine manufacturers. JUKI used to rank as the largest industrial sewing machine manufacturer in the world, where it was overtaken by JACK Sewing. Headquartered in Japan, the company currently has manufacturing facilities in Japan, China, and Vietnam, and markets its products on six continents, in about 170 countries. Up until 1988, the company was known as Tokyo Juki Industrial Company, Ltd. The company motto, which doubles as a customer creed, is "Mind & Technology".
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