The cutting tool industry has been developing in Wenling for more than 30 years. Since the reform and opening up, this pillar industry has not only achieved sustainable development, but has also been extended in all aspects. Compared to the simple products such as drill bits and taps that were originally produced, the products produced by Wenling City's cutting tool companies are almost covered. All types of cutting tools: tools for machining a variety of external surfaces, including turning tools, milling cutters, boring tools, etc.; hole-cutting tools, including drills, reamers, reamers, and internal broaches; gear cutting tools, including hobs , Plunger cutters, bevel gear cutting tools, etc.; Thread processing capacity, including taps, automatic opening and closing thread cutting heads, thread turning tools and thread milling cutters; cutting tools, including insert circular saw blade, cutting tool and saw blade Milling cutters; in addition, there are combination cutters.
In 2009, Wenling City included the machine tool equipment industry in the city's 83 industry development system as one of its leading industries. The machine tool and equipment industry is also expected to maintain high growth. After many years of exploration, Wenling's machine tool equipment manufacturing is in the direction of innovation, merger, clustering, information, quality, service, and branding. Gradually, a pattern of machine tools, assembly lines, and various types of cutting tools has been formed. The machine tool industry is mainly distributed in Songmen, Zeguo, Yiheng, Wenyu and other places. Leading companies in the industry include Xiling bench drills, Volkswagen Seiki, and Omori machine tools.
In addition to a large number of manufacturing enterprises, on the sales network, Wenling's production companies have more than 4,000 operating sites in prefecture-level cities in China, and more than 10,000 people have been engaged in wholesale sales of cutting tools for a long time; on the trading platform, Wenling has the largest scale cutting tool trade market in Zhejiang, with a total investment of 144 million yuan and a construction area of ​​more than 70,000 square meters. The market is increasingly prosperous; in the scale of the park, Wenling plans to use 500 acres of land. , The construction of a cutting-edge cultural property park will be started in 2007. With the introduction of enterprises, the total investment will reach 700 million yuan. The municipal government has also issued relevant policies to encourage enterprises to cooperate with universities and research institutes to conduct cooperation in production, education and research. In addition, the Wenzhou Town and Taizhou University have jointly established a technical service center for cutting tools, providing an effective platform for the development of cutting tool companies.
In recent years, the development of the Wenling tool cutting tool industry has been promoted from a block economy to an industrial cluster. The characteristics of the product itself are very obvious. The company has strong independent innovation ability and strong market competitiveness.