1956 Founded in Kaohsiung city as the former Machinery Workshop of Formosa Plastics Corp.

1971 Licensed by Kinyosha, Japan, to produce rubber rolls.

1973 Moved to Jenwu in Kaohsiung County, expanded and reorganized as the Machinery Division of Formosa Plastics Corp.

1980 Established Gear Plant, as a technical licensee by RENK AG, Germany.

1981 Awarded ASME S, U & U2 certificates for pressure vessel; Gear Plant was awarded AGMA technical member.

1983 Founded the Hard-chrome Plating Plant, licensed by Hartchrome A.G., Switzerland.

1984 Started business for Automated Storage & Retrieval System.

1987 Founded I-Lan Machinery Plant to manufacture petrochemical process equipment.

1989 I-Lan Machinery Plant was awarded ASME S, U and U2 certificates for pressure vessels.

1991 Formosa Heavy Industries Corporation was incorporated. Started business for Cogeneration, licensed by Foster Wheeler Ltd., Canada. 

1992 Machinery Division of Formosa Plastics Corp. was merged into Formosa Heavy Industries Corp.

1993 Awarded NBBI R Stamp for pressure vessels.

1994 Gear Plant, Rubber Plant, Jen-Wu Machinery Plant, I-Lan Machinery Plant, Automation Department and Cogeneration Department were awarded "ISO 9001", and Rubber Plant "ISO 9002".

1995 Founded Mai-Liao Machinery Plant and Boiler Plant to manufacture petrochemical process equipment and boilers.

1997 Licensed by ABB/CE (now ALSTOM Power) for manufacturing utility boilers.

1998 Licensed by ABB/CE for Circulated Fluidized Bed boilers.

2000 Technical association with ROBO TECH (Austria) for curve-driving SRM and DANAHER MOTION (NDC) (Sweden) for Laser Position Control.

2001 I-Lan Machinery Plant was merged into Mai-Liao Machinery Plant.

2001 Established Formosa Heavy Industries Corporation (Guangzhou) Limited; Started business for industrial rubber rolls and hot grinding for metal rolls.

2002 Mai-Liao Machinery Plant was awarded SQL certificate by the Chinese Safety and Quality Bureau.

2002 Established Formosa Heavy Industries Corporation (Ningbo) Limited in Mainland China. 

2003 Finished commissioning No. l Unit of Hwa Ya Co-generation Corporation.

2003 Investment of the 50MW co-generation plant of Asia Power Energy Corporation in the Philippines; started construction work at site.