Professor Ping-Yin Lee from the Department of Mechanical and Computer-Aided Engineering at National Formosa University has been deeply involved in the cutting tool field for nearly twenty years. He has maintained close links with the industry through industry-academia joint programs , talent training courses , and cooperative projects.
Facing the dilemmas of a declining birthrate and an industrial talent shortage , Professor Lee repeatedly discussed response strategies with General Manager Yung-Hsiang Lai and Marketing Director Ching-Liang Fang of the Precision Machinery Research and Development Center (PMC) , exchanging views on development and communication models between machining and the cutting tool industry. All parties finally reached a consensus to first establish a communication platform.
On June 27, 2019, the "Cutting Tool Alliance Community" was officially established at National Formosa University. Through in-depth discussions and exchanges among community members, there was unanimous agreement that a formal cutting tool association based on legal sources should be established to more efficiently consolidate the power of the entire cutting tool supply chain and create a platform to speak for Taiwan's cutting tool industry.
On October 15, 2019, initiated by Professor Hsin-Liang Chang and Professor Ping-Yin Lee of National Formosa University, along with Chairman Chi-Le Li of Seven Leaders Corp., an application to establish the "Taiwan Cutting Tool Research and Manufacturing Association" was officially submitted to the Ministry of the Interior, and preparation approval was granted on January 16, 2020.