Gifutec was incorporated on 5.2.1991 with a paid up capital of RM2 million. It started operation in 1992 to produce tables (dining and coffee tables). Taitec Industries (M) Sdn Bhd is its main supplier of raw materials namely, unfinished laminated boards. It also source other wooden raw materials from the local market.

Since its incorporation, Gifutec has been expending its operations. In 1995, they have reinvested RM2.2 million to build another factory adjacent to its existing operations to increase output. But even so, that is not enough. Today, they have started to build another factory opposite to their existing ones to cater for increase demand. This investment cost RM2.5 million.

It is hope that Gifutec can diversify its operations into other finished products such as housing materials, windows, doors, and wooden floor panels especially the demand in Japan is increasing.