History
1993-2006
In the beginning
2007-2015
Development
2016-2024
World known brand
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1993-2006In the beginning1993 Oule Machine Co. founded.1997 The first Derek milling tool was produced to took to market, Derek becoming the eariest CNC tool holder manufacturer in China.2002 Kunshan Branch opened.2003 The factory area expanded and production capacity enlarged.2005 The new packaging and brand marketing.2006 The factory rebuilt again to expand production capacity. -
2007-2015Development2007 Derek Industry(Sweden) Group established, Swedish cutting tool technology joined to Derek, and the first CBH fine boring tool came out.2008 Guangdong Branch established.2009 Derek sales center moved to Derek building.2011 FBH 0.002mm precision fine boring tools took to Chinese market for big quantity sales increase.2013 FBH 0.002mm precision fine boring tools took to Chinese market for big quantity sales increase.2014 STUDER grinding machine equipped, and HSK holders and shrink fit holders developed.2015 Hydraulic tool holders produced successfully, reaching a new level on cutting tools. -
2016-2024World known brand2016 Factory expanded again, multifunctional tapping chuck produced, and bought more multiple equipments such as MAZAK composite machine.2018 Rebuild old factory area to expand production capacity, big diameter boring tools upgraded.2020 New workshop opened, rated to" Ningbo Engineering Technology Center".2023 Rated to "National High-tech Enterprise", "National Technology-based Enterprise", and "specialized Refined and Innovative Enterprise". Manufacturing ERP system applied.2024 Rated to "QUALITY Zhejiang Manufacturing Products", New management system.