DAEGU PRECISION Co., Ltd. is a specialized spring manufacturing company established in 1988, focusing on the production of ultra-high-strength precision springs for automobiles and various industrial springs, positioning itself as a technology-innovative hidden champion. The company possesses a wide range of products including cold-formed coils, suspension tuning, wire forming, and gas shock absorbers, leading the domestic spring industry through continuous R&D and quality certifications. It particularly holds unique technological capabilities in core powertrain components for automotive engines and transmissions, as well as body and convenience device components like long springs for power tailgates.DAEGUPRECISIONCo.,Ltd.isaspecializedspringmanufacturingcompanyestablishedin1988,focusingontheproductionofultra-high-strengthprecisionspringsforautomobilesandvariousindustrialsprings,positioningitselfasatechnology-innovativehiddenchampion.Thecompanypossessesawiderangeofproductsincludingcold-formedcoils,suspensiontuning,wireforming,andgasshockabsorbers,leadingthedomesticspringindustrythroughcontinuousR&Dandqualitycertifications.Itparticularlyholdsuniquetechnologicalcapabilitiesincorepowertraincomponentsforautomotiveenginesandtransmissions,aswellasbodyandconveniencedevicecomponentslikelongspringsforpowertailgates.
Key Products/TechnologiesKeyProducts/Technologies
Compression Coil Springs: A product line of compression springs for various applications, including engine valve springs, torque converter springs, suspension springs, air brake chamber springs, power tailgate springs, and nuclear springs. Notably, ultra-high-strength springs for Overrunning Alternator Decouplers (OAD) utilize 2,200MPa-grade special steel materials and precise heat treatment and shot peening processes, boasting superior fatigue life and durability, contributing to enhanced engine system stability and improved fuel efficiency.CompressionCoilSprings:Aproductlineofcompressionspringsforvariousapplications,includingenginevalvesprings,torqueconvertersprings,suspensionsprings,airbrakechambersprings,powertailgatesprings,andnuclearsprings.Notably,ultra-high-strengthspringsforOverrunningAlternatorDecouplers(OAD)utilize2,200MPa-gradespecialsteelmaterialsandpreciseheattreatmentandshotpeeningprocesses,boastingsuperiorfatiguelifeanddurability,contributingtoenhancedenginesystemstabilityandimprovedfuelefficiency.
Extension Coil Springs: Extension springs applicable across diverse industrial sectors.ExtensionCoilSprings:Extensionspringsapplicableacrossdiverseindustrialsectors.
Torsion Coil Springs: Torsion springs, such as spiral springs for auto tensioners, offering high durability and performance through the use of high-strength Cr-Si alloy steel.TorsionCoilSprings:Torsionsprings,suchasspiralspringsforautotensioners,offeringhighdurabilityandperformancethroughtheuseofhigh-strengthCr-Sialloysteel.
Wire Forming: Wire formed products processed into various shapes.WireForming:Wireformedproductsprocessedintovariousshapes.
Dieset Springs for Molds: Dieset springs utilized in the molding industry.DiesetSpringsforMolds:Diesetspringsutilizedinthemoldingindustry.
Special Purpose Springs: Customized spring solutions optimized for specific industries and applications, including scroll conveyors for grain transport, circuit breaker springs, and high-voltage power transmission tensioner springs.SpecialPurposeSprings:Customizedspringsolutionsoptimizedforspecificindustriesandapplications,includingscrollconveyorsforgraintransport,circuitbreakersprings,andhigh-voltagepowertransmissiontensionersprings.
Tuning Springs: High-performance tuning springs made from IHTW200 (silicon-chromium high-frequency heat-treated wire) with a tensile strength of 200kgf/㎟, offering excellent fatigue resistance and permanent deformation resistance. The cold forming method ensures stable quality and durability, with custom design and manufacturing capabilities to meet diverse setting requirements from street to racing driving.TuningSprings:High-performancetuningspringsmadefromIHTW200(silicon-chromiumhigh-frequencyheat-treatedwire)withatensilestrengthof200kgf/㎟,offeringexcellentfatigueresistanceandpermanentdeformationresistance.Thecoldformingmethodensuresstablequalityanddurability,withcustomdesignandmanufacturingcapabilitiestomeetdiversesettingrequirementsfromstreettoracingdriving.
Core AdvantagesCoreAdvantages
Ultra-high-strength Precision Spring Technology: Securing unique process technologies such as 2,200MPa-grade ultra-high-strength special steel material technology, precision forming, shot peening, and flocking surface treatment, enabling high quality and performance for critical automotive engine and transmission components. This provides a competitive edge in technological completeness and commercialization capabilities compared to major competitors.Ultra-high-strengthPrecisionSpringTechnology:Securinguniqueprocesstechnologiessuchas2,200MPa-gradeultra-high-strengthspecialsteelmaterialtechnology,precisionforming,shotpeening,andflockingsurfacetreatment,enablinghighqualityandperformanceforcriticalautomotiveengineandtransmissioncomponents.Thisprovidesacompetitiveedgeintechnologicalcompletenessandcommercializationcapabilitiescomparedtomajorcompetitors.
Diverse Product Portfolio and Customized Development Capabilities: Possessing a wide range of spring products including compression, extension, torsion, and wire forming, along with the ability to design and manufacture customized springs for special purposes and tuning applications to meet diverse customer demands. The capability to develop customized products that satisfy the stringent technical and quality requirements of global Tier-1 component manufacturers.DiverseProductPortfolioandCustomizedDevelopmentCapabilities:Possessingawiderangeofspringproductsincludingcompression,extension,torsion,andwireforming,alongwiththeabilitytodesignandmanufacturecustomizedspringsforspecialpurposesandtuningapplicationstomeetdiversecustomerdemands.ThecapabilitytodevelopcustomizedproductsthatsatisfythestringenttechnicalandqualityrequirementsofglobalTier-1componentmanufacturers.
Continuous Research and Development and Technological Innovation: Expanding its technology portfolio through ongoing R&D investments in materials and processing methods via its corporate research institute. Contributing to solving customers' technical challenges based on accumulated new material and process optimization technologies from government R&D projects.ContinuousResearchandDevelopmentandTechnologicalInnovation:ExpandingitstechnologyportfoliothroughongoingR&Dinvestmentsinmaterialsandprocessingmethodsviaitscorporateresearchinstitute.Contributingtosolvingcustomers'technicalchallengesbasedonaccumulatednewmaterialandprocessoptimizationtechnologiesfromgovernmentR&Dprojects.
High-level Quality Management System and Certifications: Acquisition of numerous quality and environmental management system certifications since its venture company registration in 2000, including QS9000 (2002), ISO/TS16949 (2004), Single PPM (2011), ISO14001 (2013), IATF 16949, and ISO 9001 (before 2020). This forms the foundation for supplying excellent products based on customer-desired quality.High-levelQualityManagementSystemandCertifications:Acquisitionofnumerousqualityandenvironmentalmanagementsystemcertificationssinceitsventurecompanyregistrationin2000,includingQS9000(2002),ISO/TS16949(2004),SinglePPM(2011),ISO14001(2013),IATF16949,andISO9001(before2020).Thisformsthefoundationforsupplyingexcellentproductsbasedoncustomer-desiredquality.
Global Market Export Experience and Competitiveness: Securing competitiveness in overseas markets by exporting tuning springs to various countries including Japan, the United States, and Australia. Ensuring stable revenue generation by securing global Tier-1 component manufacturers as major clients.GlobalMarketExportExperienceandCompetitiveness:SecuringcompetitivenessinoverseasmarketsbyexportingtuningspringstovariouscountriesincludingJapan,theUnitedStates,andAustralia.EnsuringstablerevenuegenerationbysecuringglobalTier-1componentmanufacturersasmajorclients.
Enhancement of Productivity through Smart Factory Adoption: Pursuing the introduction of smart factories to replace existing production lines, striving to increase productivity and efficiency through the smart transformation of manufacturing sites.EnhancementofProductivitythroughSmartFactoryAdoption:Pursuingtheintroductionofsmartfactoriestoreplaceexistingproductionlines,strivingtoincreaseproductivityandefficiencythroughthesmarttransformationofmanufacturingsites.
Target IndustrieTargetIndustrie
Automotive Industry: Springs for automotive engines and transmissions (ultra-high-strength springs for OAD, auto tensioner springs), body and convenience device springs (long springs for power tailgates, suspension, door springs), and tuning suspension springs.AutomotiveIndustry:Springsforautomotiveenginesandtransmissions(ultra-high-strengthspringsforOAD,autotensionersprings),bodyandconveniencedevicesprings(longspringsforpowertailgates,suspension,doorsprings),andtuningsuspensionsprings.
Machinery Industry: Dieset springs for molds, scroll conveyors for grain transport.MachineryIndustry:Diesetspringsformolds,scrollconveyorsforgraintransport.
Electrical/Electronics Industry: Circuit breaker springs, high-voltage power transmission tensioner springs.Electrical/ElectronicsIndustry:Circuitbreakersprings,high-voltagepowertransmissiontensionersprings.
Nuclear Industry: Special springs used in nuclear power plant facilities.NuclearIndustry:Specialspringsusedinnuclearpowerplantfacilities.
Heavy Equipment and Industrial Facilities: Including air brake chamber springs.HeavyEquipmentandIndustrialFacilities:Includingairbrakechambersprings.
Major MarketsMajorMarkets
JapanJapan
United StatesUnitedStates
AustraliaAustralia
Certifications/PatentsCertifications/Patents
Quality Management System Certifications: QS9000 (2002), ISO/TS16949 (2004), Single PPM (2011), ISO14001 (2013), IATF 16949, ISO 9001.QualityManagementSystemCertifications:QS9000(2002),ISO/TS16949(2004),SinglePPM(2011),ISO14001(2013),IATF16949,ISO9001.
Venture Company Registration: 2000.VentureCompanyRegistration:2000.
Management Innovation Small and Medium Business (MAIN-BIZ) Certification: December 2014.ManagementInnovationSmallandMediumBusiness(MAIN-BIZ)Certification:December2014.
Korea AEO Association Certification: January 2016.KoreaAEOAssociationCertification:January2016.
Patent Registrations: A total of 15 patents, including Parking Rod Automatic Forming Device (December 2011), Coil Spring Pin Forming Device (April 2011), Coil Spring Forming Device on Lathe (May 2003), Guide Device for Forming Polygonal Coil Springs (January 2003), and Fixing Pin Forming Device for Securing Coil Springs to Shoe Soles (September 2002).PatentRegistrations:Atotalof15patents,includingParkingRodAutomaticFormingDevice(December2011),CoilSpringPinFormingDevice(April2011),CoilSpringFormingDeviceonLathe(May2003),GuideDeviceforFormingPolygonalCoilSprings(January2003),andFixingPinFormingDeviceforSecuringCoilSpringstoShoeSoles(September2002).
Government Project Performance History: Successfully completed 10 lead projects and holds 5 project-based patents from 2018 to 2023.GovernmentProjectPerformanceHistory:Successfullycompleted10leadprojectsandholds5project-basedpatentsfrom2018to2023.
Awards: Awarded the Gyeongbuk Small and Medium Business Grand Prize in 2019, and received the Prime Minister's Commendation for contributions to national industry and regional economic development (October 2020).Awards:AwardedtheGyeongbukSmallandMediumBusinessGrandPrizein2019,andreceivedthePrimeMinister'sCommendationforcontributionstonationalindustryandregionaleconomicdevelopment(October2020).