A specialized manufacturer of automotive parts utilizing aluminum die-casting technology. Production capabilities for core automotive module components including engine, transmission, steering, and compressor parts. A technology-leading company focused on vehicle lightweighting and eco-friendly automotive parts development. Establishment of a global supply chain providing products to both domestic and international finished vehicle manufacturers and global component suppliers. Continuous research and development efforts and quality improvement initiatives for enhanced overseas exports and domestic recognition.Aspecializedmanufacturerofautomotivepartsutilizingaluminumdie-castingtechnology.Productioncapabilitiesforcoreautomotivemodulecomponentsincludingengine,transmission,steering,andcompressorparts.Atechnology-leadingcompanyfocusedonvehiclelightweightingandeco-friendlyautomotivepartsdevelopment.Establishmentofaglobalsupplychainprovidingproductstobothdomesticandinternationalfinishedvehiclemanufacturersandglobalcomponentsuppliers.Continuousresearchanddevelopmenteffortsandqualityimprovementinitiativesforenhancedoverseasexportsanddomesticrecognition.
Key Products/TechnologiesKeyProducts/Technologies
Key product groups include engine parts, transmission parts, steering parts, and air conditioning parts. Specific capabilities include the supply of eco-friendly and electric vehicle components such as electric compressors, EV steering devices, and EV battery heater housings.Keyproductgroupsincludeengineparts,transmissionparts,steeringparts,andairconditioningparts.Specificcapabilitiesincludethesupplyofeco-friendlyandelectricvehiclecomponentssuchaselectriccompressors,EVsteeringdevices,andEVbatteryheaterhousings.
Core technology involves the aluminum die-casting method, a process of injecting molten metal into molds under high pressure. Successful development of various components, including extended lifespan for casting and injection molds, oil pump covers, 200M valve bodies, and solenoids.Coretechnologyinvolvesthealuminumdie-castingmethod,aprocessofinjectingmoltenmetalintomoldsunderhighpressure.Successfuldevelopmentofvariouscomponents,includingextendedlifespanforcastingandinjectionmolds,oilpumpcovers,200Mvalvebodies,andsolenoids.
Patents registered for die-casting mold gas removal devices and cooling spray devices, supporting mold development and technological research. Establishment of the industry's first casting monitoring system in Korea for enhanced production efficiency and quality control.Patentsregisteredfordie-castingmoldgasremovaldevicesandcoolingspraydevices,supportingmolddevelopmentandtechnologicalresearch.Establishmentoftheindustry'sfirstcastingmonitoringsysteminKoreaforenhancedproductionefficiencyandqualitycontrol.
A technology transfer agreement with the Korea Automotive Technology Institute for 'Duplex high-performance aluminum alloy and high-pressure die-casting technology'. This represents a future automotive core material technology with high strength, ductility, weldability, corrosion resistance, and recyclability.AtechnologytransferagreementwiththeKoreaAutomotiveTechnologyInstitutefor'Duplexhigh-performancealuminumalloyandhigh-pressuredie-castingtechnology'.Thisrepresentsafutureautomotivecorematerialtechnologywithhighstrength,ductility,weldability,corrosionresistance,andrecyclability.
Global production capabilities through domestic manufacturing bases (Cheonan 1st plant, Anseong 2nd and 3rd plants) and an overseas plant in Mexico. A production line capacity of 400 billion KRW as of 2013.Globalproductioncapabilitiesthroughdomesticmanufacturingbases(Cheonan1stplant,Anseong2ndand3rdplants)andanoverseasplantinMexico.Aproductionlinecapacityof400billionKRWasof2013.
Efforts to lead future vehicle lightweighting trends through the strengthening of magnesium die-casting business.Effortstoleadfuturevehiclelightweightingtrendsthroughthestrengtheningofmagnesiumdie-castingbusiness.
Core AdvantagesCoreAdvantages
Unrivaled technological expertise and specialization in aluminum die-casting. Possession of core technologies essential for automotive parts lightweighting.Unrivaledtechnologicalexpertiseandspecializationinaluminumdie-casting.Possessionofcoretechnologiesessentialforautomotivepartslightweighting.
Proactive response to and expansion of supply in the eco-friendly and electric vehicle parts market. Development and mass production capabilities for future mobility core components such as electric compressors and EV steering devices.Proactiveresponsetoandexpansionofsupplyintheeco-friendlyandelectricvehiclepartsmarket.DevelopmentandmassproductioncapabilitiesforfuturemobilitycorecomponentssuchaselectriccompressorsandEVsteeringdevices.
A stable revenue structure achieved through a diversified customer base both domestically and internationally. Supply of parts to global finished vehicle manufacturers including Hyundai/Kia, GM, Ford, Chrysler, Tesla, and Volkswagen.Astablerevenuestructureachievedthroughadiversifiedcustomerbasebothdomesticallyandinternationally.SupplyofpartstoglobalfinishedvehiclemanufacturersincludingHyundai/Kia,GM,Ford,Chrysler,Tesla,andVolkswagen.
Successful global production base establishment and localization strategy through the completion and expansion of the Mexico plant. Enhanced customer responsiveness and global market accessibility through localized supply chain management.SuccessfulglobalproductionbaseestablishmentandlocalizationstrategythroughthecompletionandexpansionoftheMexicoplant.Enhancedcustomerresponsivenessandglobalmarketaccessibilitythroughlocalizedsupplychainmanagement.
Continuous investment in research and development and technological innovation efforts. Collaboration with the Korea Automotive Technology Institute for the development and commercialization of advanced Duplex aluminum new materials.Continuousinvestmentinresearchanddevelopmentandtechnologicalinnovationefforts.CollaborationwiththeKoreaAutomotiveTechnologyInstituteforthedevelopmentandcommercializationofadvancedDuplexaluminumnewmaterials.
Acquisition of international quality and environmental management system certifications including ISO/TS 16949, ISO-9001, and ISO-14001. Demonstrated quality competitiveness through the industry's first ISO/TS 16949 certification.AcquisitionofinternationalqualityandenvironmentalmanagementsystemcertificationsincludingISO/TS16949,ISO-9001,andISO-14001.Demonstratedqualitycompetitivenessthroughtheindustry'sfirstISO/TS16949certification.
Target IndustrieTargetIndustrie
Automotive industry (internal combustion engine vehicle parts)Automotiveindustry(internalcombustionenginevehicleparts)
Electric vehicle and hybrid vehicle industry (eco-friendly vehicle parts)Electricvehicleandhybridvehicleindustry(eco-friendlyvehicleparts)
Major MarketsMajorMarkets
South Korea (domestic market), Japan (indirect supply to Honda, Toyota)SouthKorea(domesticmarket),Japan(indirectsupplytoHonda,Toyota)
Europe (supply of parts for environmental regulations), Germany (Volkswagen supply)Europe(supplyofpartsforenvironmentalregulations),Germany(Volkswagensupply)
USA (supply to GM, Ford, Chrysler, Tesla), Mexico (local plant operations and supply)USA(supplytoGM,Ford,Chrysler,Tesla),Mexico(localplantoperationsandsupply)
Selected as a World Class 300 company (June 2016).SelectedasaWorldClass300company(June2016).
Designated as a Root Technology Specialist Company (March 2013).DesignatedasaRootTechnologySpecialistCompany(March2013).
Selected as a Global Specialized Company candidate (October 2013).SelectedasaGlobalSpecializedCompanycandidate(October2013).
Confirmation as a Parts and Materials Specialist Company (October 2010).ConfirmationasaPartsandMaterialsSpecialistCompany(October2010).
Patent registration for die-casting mold gas removal device and cooling spray device.Patentregistrationfordie-castingmoldgasremovaldeviceandcoolingspraydevice.
Technological capability in establishing the industry's first casting monitoring system in Korea.Technologicalcapabilityinestablishingtheindustry'sfirstcastingmonitoringsysteminKorea.
Securing technological competitiveness through a technology transfer agreement with the Korea Automotive Technology Institute for 'Duplex high-performance aluminum alloy and high-pressure die-casting technology'.SecuringtechnologicalcompetitivenessthroughatechnologytransferagreementwiththeKoreaAutomotiveTechnologyInstitutefor'Duplexhigh-performancealuminumalloyandhigh-pressuredie-castingtechnology'.
Introduction
Location
8 Sindae-gil, Ipjang-myeon, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea
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Information
8 Sindae-gil, Ipjang-myeon, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea