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Hon. Steven Joyce visits R&D Lab

Hon. Steven Joyce visits our R&D Lab to learn the latest in Smart Motor Technology

On Tuesday, 1 April 2014, the Honorable Steven Joyce, New Zealand’s Minister of Economic Development, Science and Innovation, paid a visit to Auckland based Teknatool International Group (Teknatool).

The global manufacturing exporter Teknatool, known for the well-established NOVA woodworking brand and intelligent Digital Variable Reluctance (DVR) motor technology with a subsidiary in the United States, has qualified as one of the few recipients, selected as beneficiaries of the Callaghan Innovation Fund. Joyce’s visit served to follow up on Teknatool’s previous experiences with the Callaghan Fund as well as Better by Design, and New Zealand Trade and Enterprise, all of which focus on furthering New Zealand’s businesses to export globally. Teknatool seized the opportunity to demonstrate latest developments and Research and Development (R&D) progress. Star of the demonstration was Teknatool’s recent innovation in the field of wood and metal working – the DVR Drill Press.

This Drill Press is powered by Teknatool's proprietory DVR Smart Motor. its the first of its kind in the world - and provides numerous operational, safety and energy effciency benefits.

Teknatool is working on a number of DVR projects in wider fields, and the Drill Press is the 5th DVR product to be commeciaslied to date. See for more information on the technology.

To read more on Mr Joyces visit, see" target="_blank">Steven Joyce Visit to Teknatool Article

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