TECO Electric and Machinery
Encyclopedia
TECO Electric and Machinery , or TECO as it is often called, is a Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

 company with worldwide operations, involved in electric motor
Electric motor
An electric motor converts electrical energy into mechanical energy.Most electric motors operate through the interaction of magnetic fields and current-carrying conductors to generate force...

 and electrical appliances business. It is listed in Taiwan Stock Exchange
Taiwan Stock Exchange
The Taiwan Stock Exchange Corporation is a financial institution, located in Taipei 101, in Taipei, Taiwan. The TSEC was established in 1961 and began operating as a stock exchange on 9 February 1962...

(1504).

TECO was founded in 1956 as an electric motor manufacturer. It later added electrical appliances and other businesses.
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