What Goodway Machine does

Goodway Machine Corp. (程泰機械, 1583.TW), founded in 1975 in Taiwan and publicly listed on the Taiwan Stock Exchange with NT$1.1 billion in capital, is a CNC machine tool manufacturer specializing in multi-axis turning-milling composite machines, Swiss-type turning centers, vertical and horizontal turning centers, cylindrical grinding machines, and turn-key automation systems. The portfolio spans 72 series with over 1,000 model specifications and is marketed under the GOODWAY, YAMA SEIKI (North American market, since 2000), and AWEA (machining center) brands within the Chengtai Group. Over 20,000 GOODWAY turning-milling machines are reportedly in continuous operation globally across aerospace, automotive, energy, electronics, medical, and heavy machinery customers.

The company's technological basis is vertical integration: all critical machine components — spindles, live tooling turrets, C-axis mechanisms, tailstocks, and bed/saddle castings — are designed and assembled in-house, a practice in place since the launch of its first turning-milling machine in 1995. On the software layer, GOODWAY has developed the G.LINC intelligent operating system (tool load monitoring, tool life management, 3D simulation, data logging) and the G.NET production information integration platform over secure LAN, plus proprietary offerings such as high-pressure cutting fluid systems, online workpiece dynamic balancing, and the SERVICE CUBE remote diagnostics box. In June 2025, the group signed a strategic MOU with Syntec Group to extend these capabilities into AI, robotics, and new energy vehicle applications.

Revenue is generated primarily through one-time capital equipment sales of CNC machines and bundled automation lines, supplemented by aftermarket services, spare parts, and technical support. Distribution combines direct sales and operational centers in Taiwan (Taichung headquarters and Chiayi manufacturing), the United States (Los Angeles), and China (Suzhou/Wujiang) with a global network of 60 professional agents across 45 countries. The primary vertical is automotive — confirmed by Toyota's Equipment Original Price Excellence Award — with aerospace, energy, electronics, medical, and heavy machinery as secondary segments. Reported revenue was NT$1,618 million in 2024, declining from NT$1,800 million in 2023 and NT$2,101 million in 2022, against full-company headcount of 326 at year-end 2025 (down from 402 a year earlier).

Name

Goodway Machine

Legal name

Goodway Machine Corp.

Website

https://goodwaycnc.com

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Goodway Machine Corp. is a Taiwan-based CNC machine tool manufacturer specializing in multi-axis turning-milling composite machines, Swiss-type and vertical/horizontal turning centers, and turn-key automation, serving global automotive, aerospace, energy, electronics, medical, and heavy machinery customers via direct operations and 60 agents across 45 countries.

Ownership category

akta.pro rank

Product category

CNC Machine Tools

NAICS

Machine Tool Manufacturing (333517)

SIC

Machine Tools, Metal Cutting Types (3541), Special Industry Machinery, Nec (3559)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industries

Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Motion Control Controllers & CNC/Robot Drives (Motion Controllers, Multi-axis) (IMAGACAH), Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM)

Keywords

• CNC machine tools
• Turning centers
• Multi-axis machining
• Swiss-type lathes
• Cylindrical grinders

Headquarters

HQ city

Taichung

HQ country

Taiwan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. CNC Machine Tool Hardware Sales: Sale of CNC turning centers, multi-axis turning-milling composite machines, Swiss-type machines, vertical/horizontal turning centers, cylindrical grinders, and large gantry/bridge-type CNC lathes. Revenue is primarily generated through one-time capital equipment sales to manufacturing enterprises.
2. Automation Systems and Turn-key Solutions: Custom-designed automation systems including gantry robot arms, articulated robots, auto loading/unloading systems, and complete turn-key production lines. Offered as optional accessories or integrated solutions bundled with machine tool sales.
3. Aftermarket Services, Spare Parts, and Technical Support: Global technical support network providing spare parts supply, repair services, and customer training. Part of comprehensive after-sales service that is cited as a key competitive advantage.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Goodway Machine manufactures CNC machine tools — primarily multi-axis turning-milling compound machines, Swiss-type turning centers, vertical and horizontal CNC turning centers, cylindrical grinding machines, and aluminum wheel machining equipment. The company offers more than 600 model specifications across 72 series, supported by proprietary in-house developed critical components (spindles, turrets, C/Y-axis, tailstocks), the G.LINC intelligent operating system, and the G.NET smart production information integration system. Turn-key automation systems (gantry robot arms, articulated robots, auto loading/unloading) are bundled with machine tool sales, complemented by global aftermarket parts, repair, and training services.

Product overview

Goodway Machine Corp. (程泰機械) is a Taiwan-based manufacturer of CNC machine tools offering over 600 model specifications across 72 series. The product portfolio centers on multi-axis turning-milling compound machines, Swiss-type CNC turning centers, vertical and horizontal CNC turning centers, cylindrical grinding machines, and aluminum wheel machining equipment. Key product lines include the GMT-2000 (9-axis milling turning center), GTZ/GTH multi-turret series, SW/SK Swiss-type series, GS/GA horizontal turning center series, GV/GVI vertical turning center series, and GRU/GRA grinding machines. The company provides proprietary intelligent systems (G.LINC operating system, G.NET production integration, SERVICE CUBE remote service), turn-key automation solutions, and green machine tool options. GOODWAY Group operates three brands: GOODWAY (CNC lathes and grinders), YAMA SEIKI (North American market brand), and AWEA (CNC machining centers).

Differentiator

Problem solved

Functional benefit

Brands

• YAMA SEIKI: Brand established in 2000 specifically for the North American market, representing CNC turning centers and external grinding machines applied in metal turning and grinding markets.
• AWEA
• GOODWAY

Products and services

• GMT-2000 Series 9-axis controlled, 5-axis simultaneous milling turning compound machining center for mid-to-large manufacturing enterprises requiring complex multi-process machining in a single setup.
• GTZ-1500 Series Twin spindle, twin turret turning center with dual Y-axis control for manufacturers needing high-efficiency mass production of complex parts.
• GTH Series Parallel twin-spindle, twin turret turning center with integrated gantry-type loading/unloading system, combining machining capabilities of two (6"/8"/10") lathes in a smaller footprint for high-efficiency mass production.
• SW-32II Series Multi-function Swiss-type CNC turning center with 6-axis control capability, compound guide bushings, up to 10,000 rpm spindle speed, and extensive live tooling options for small precision parts.
• GV-500 Series High-speed vertical CNC turning center with compact 3.3 m² footprint, linear guideways, servo turret with up to 12-tool capacity, and optional live tooling and C-axis for turning-milling compound operations.
• GS-2000/GS-3000 Series High-performance horizontal CNC turning center with ultra-rigid hardway slant bed, available in 8 base specifications with 2 bed lengths and 4 bar capacities, with high-power spindle and optional live tooling, Y-axis, and sub-spindle.
• GS-8000 Series Large heavy-duty horizontal CNC turning center with up to Ø320mm spindle bore, ±160mm Y-axis travel, and 45kW spindle motor with 3-speed gearbox producing up to 7,100 Nm torque for large-size workpieces.
• GA-3600/W24 Aluminum wheel machining dedicated machine with high-rigidity structure, customized fixtures and tools, efficient chip removal, handling wheel diameters from 13 to 24 inches with 45kW spindle motor.
• GRU Series Straight-feed cylindrical grinding machine with high-rigidity non-contact dynamic pressure bearing spindle achieving 0.001mm rotation accuracy, servo-driven work spindle, and optional internal grinding capability.
• G.LINC Intelligent Operating System Next-generation intelligent CNC operating system with multi-touch screen interface for Goodway CNC machines, providing tool load monitoring, tool life management, machining part counting, servo visualization, 3D simulation cutting, programming library, maintenance reminders, data logging, and G/M code assistant capabilities.
• G.NET Smart Production Information Integration System Smart production information integration system using secure LAN architecture to automatically collect machining data, generate analysis reports, provide real-time production line status monitoring, and maintain complete alarm history.
• Automation Systems (Gantry/Arm/Joint Robots) Complete turn-key automation solutions including gantry robot arms, articulated robots, and auto loading/unloading systems designed for integration with Goodway CNC turning centers to build high-efficiency production lines.

Quantifiable outcome

• 20,000+ CNC turning-milling composite machines operating globally since first launch in 1995
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered flagship, core and supporting.

• SYNTEC Group (新代科技)flagshipStrategic or Co-development Partner · 10 June 2025GOODWAY Group and SYNTEC Group signed a strategic Memorandum of Understanding in June 2025. The partnership focuses on advancing smart manufacturing integration solutions, with specific collaboration areas in AI, robotics, and new energy vehicle (NEV) applications. Both companies leverage their respective strengths — GOODWAY's machine tool manufacturing expertise and SYNTEC's CNC control and automation technology — to develop integrated intelligent manufacturing solutions for high-growth industrial sectors.
• National Chung Hsing University (國立中興大學)flagshipStrategic or Co-development PartnerGOODWAY Group co-founded the Smart Machinery Technology R&D Center at National Chung Hsing University, with co-funding from founder Yang Dehua, GOODWAY Group, and government authorities. The center features advanced teaching labs for integrated sensing, precision inspection, automation control, cyber-physical integration, and robotics, all equipped with 5G digital infrastructure. Recognized as Taiwan's largest campus-based smart manufacturing talent development base.
• TWISAC (Taiwan Information Sharing and Analysis Center)coreTechnology or IntegrationGOODWAY participates in TWISAC (Taiwan ISAC), an information security threat intelligence sharing platform for the machine tool and broader technology industry, to stay informed on latest cybersecurity threats and coordinate defensive responses.
• SP-ISAC (Science Park Information Security Information Sharing and Analysis Center)coreTechnology or IntegrationGOODWAY participates in SP-ISAC, the cybersecurity intelligence sharing center for Taiwan's science parks, to receive real-time threat intelligence and coordinate incident response with park authorities and other members.
• Taiwan Machine Tool & Accessory Builders' Association (TMBA, 工具機暨零組件公會)coreStrategic or Co-development PartnerGOODWAY is a founding member of the Taiwan Machine Tool & Accessory Builders' Association (TMBA). Founder Yang Dehua served as founding chairman. During COVID-19, GOODWAY responded to TMBA's call by sending engineers to support mask machine assembly nationwide.
• AFNOR INTERNATIONAL (艾法諾國際)supportingOthersAFNOR INTERNATIONAL served as the third-party assurance provider for GOODWAY's 2022 greenhouse gas inventory (Scope 1 and Scope 2), providing reasonable assurance opinion as required under ISO 14064-1:2018.
• Central Taiwan Science Park Industry-Academia-Training Association (中科產學訓協會)coreStrategic or Co-development PartnerGOODWAY participates in the 中科產學訓協會, which integrates resources from industries, schools, and legal entities within the Central Taiwan Science Park to promote academic research and industrial upgrading. Founder Yang Dehua served as President of the 7th and 8th terms.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• INDEX-Werke: German specialist in multi-spindle turning centers, turn-mill centers and production systems. Comparable to GOODWAY's multi-turret, multi-spindle turning offerings for high-mix/mass-production automotive and industrial customers.
• Haas Automation: US-based CNC machine tool builder with broad turning, milling and automation portfolio at value-oriented price points. Comparable to GOODWAY's small/medium-format CNC turning centers, with overlapping customer base in North America via GOODWAY's YAMA SEIKI brand.
• Nakamura-Tome Precision Industry: Specialist Japanese builder of multi-tasking turning centers and multi-spindle lathes. Closest peer to GOODWAY in product focus on multi-axis turning-milling compound machines for complex, single-setup part production.
• DN Solutions (Doosan Machine Tools): Korean CNC machine tool builder offering turning centers, machining centers and multi-tasking machines with strong global distribution. Comparable to GOODWAY in horizontal/vertical turning centers and pricing competitive in similar mid-market segments.
• Tornos Group: Swiss specialist in Swiss-type turning machines, multi-spindle lathes and turn-mill centers. Comparable to GOODWAY in Swiss-type precision turning for electronics, medical and small precision components.
• Tsugami (Tsugami Precision Engineering): Japanese specialist in Swiss-type CNC turning centers and precision turning machines. Closest direct peer to GOODWAY's SW-32II Swiss-type turning product line, serving similar precision parts markets including electronics and medical.
• EMAG Group: German specialist in turning machines, grinding machines and turn-key production systems for automotive and industrial mass production. Comparable to GOODWAY's horizontal turning centers and turn-key automation offerings.

Broad incumbents

• Okuma Corporation: Japanese CNC machine tool builder with strong turning center and machining center portfolios including multi-tasking machines. Comparable to GOODWAY's multi-axis turning-milling products; larger incumbent with deeper global service and software capabilities.
• DMG MORI: Global leader in CNC turning centers, machining centers and multi-tasking machines with a comprehensive product line. Comparable to GOODWAY in core turning/milling offerings but with significantly larger R&D, global service network and installed base.
• Yamazaki Mazak: One of the world's largest CNC machine tool builders (lathes, machining centers, multi-tasking machines). Directly comparable to GOODWAY in CNC turning and multi-axis turning-milling, but operates at vastly larger scale and broader product breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/goodwaycnc
• LinkedInlinkedin.com/company/goodway-machine-corp-

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goodway Machine