Taiwan's Airtac is booming as factory demand keeps climbing, a good sign for makers of industrial parts and for China's manufacturing recovery.

• August sales jumped 43% from a year earlier, driven by electronics, textile machinery, machine tools and battery customers.
• New orders are still coming in faster than goods go out, and both beat the company's own targets.
• Sales dipped from July, but that is the normal seasonal lull, not a slowdown.
• Growth is riding on China's push to upgrade its factories, backed by Beijing's new five-year plan and stimulus.

Outlook: Airtac expects demand to stay strong through 2026 and thinks this upcycle can run into 2027.