Information
24 Jeongdong-ro 62beon-gil, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
+82 70-8244-9238
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Overview
- Summary
- LT Precision Co., Ltd. is a global leader in automotive and home appliance components, specializing in AL forged parts for automobiles, Battery Cooling Systems for electric vehicles, 2nd battery CANs for IT, and heat exchangers for home appliances.LT Precision Co., Ltd. is a global leader in automotive and home appliance components, specializing in AL forged parts for automobiles, Battery Cooling Systems for electric vehicles, 2nd battery CANs for IT, and heat exchangers for home appliances.
- Key Products/Technologies
- Automotive parts include aluminum (AL) forged parts, automotive air conditioner compressor parts (S.D FLANGE, TENSION BEARING, SOKET PLATEE, TAPER BEARING, SWASH PLATE, SHOE, etc.), automotive auto solenoid valve forged products, and cooling fins for hybrid and electric vehicle batteries. The company boasts an annual production capacity of 100 million hot/cold aluminum forged products and in-house heat treatment process technology.Automotive parts include aluminum (AL) forged parts, automotive air conditioner compressor parts (S.D FLANGE, TENSION BEARING, SOKET PLATEE, TAPER BEARING, SWASH PLATE, SHOE, etc.), automotive auto solenoid valve forged products, and cooling fins for hybrid and electric vehicle batteries. The company boasts an annual production capacity of 100 million hot/cold aluminum forged products and in-house heat treatment process technology.
- In the IT sector, the company produces 2nd battery CANs (cylindrical and prismatic types) for electronics such as laptops and smartphones, leading the development of safe and high-quality 2nd battery CANs using electro-nickel-plated steel sheets.In the IT sector, the company produces 2nd battery CANs (cylindrical and prismatic types) for electronics such as laptops and smartphones, leading the development of safe and high-quality 2nd battery CANs using electro-nickel-plated steel sheets.
- Home appliance parts include SVC valves for air conditioners, washing machine clutch components, and heat exchangers for clothes dryers, among various other home appliance components.Home appliance parts include SVC valves for air conditioners, washing machine clutch components, and heat exchangers for clothes dryers, among various other home appliance components.
- Additionally, the company possesses expertise in the design, development, and manufacturing of machinery parts, molds, welding and assembly machinery, and fixtures.Additionally, the company possesses expertise in the design, development, and manufacturing of machinery parts, molds, welding and assembly machinery, and fixtures.
- Core Advantages
- A global leader status in the automotive and home appliance parts sector with over 40 years of experience.A global leader status in the automotive and home appliance parts sector with over 40 years of experience.
- Accumulated technology and continuous R&D capabilities in aluminum forged parts over many years.Accumulated technology and continuous R&D capabilities in aluminum forged parts over many years.
- Possession of an in-house heat treatment process (IN-LINE) to achieve mechanical properties tailored to customer requirements.Possession of an in-house heat treatment process (IN-LINE) to achieve mechanical properties tailored to customer requirements.
- Efforts to preempt the future mobility market through large-scale investments in the US for EV battery cooling plates and 2nd battery case production, including the establishment of a North American headquarters.Efforts to preempt the future mobility market through large-scale investments in the US for EV battery cooling plates and 2nd battery case production, including the establishment of a North American headquarters.
- Acquisition of international quality and environmental management system certifications such as ISO 9002, ISO/TS 16949, and ISO 14001.Acquisition of international quality and environmental management system certifications such as ISO 9002, ISO/TS 16949, and ISO 14001.
- Demonstrated technological prowess and export competitiveness through numerous awards, including the Small and Medium Business Award, Industrial Medal, and the '100 Million Dollar Export Tower' award.Demonstrated technological prowess and export competitiveness through numerous awards, including the Small and Medium Business Award, Industrial Medal, and the '100 Million Dollar Export Tower' award.
- Establishment of global production and sales bases, including the Korean headquarters, Nanjing (China), Wrocław (Poland), and Michigan (USA).Establishment of global production and sales bases, including the Korean headquarters, Nanjing (China), Wrocław (Poland), and Michigan (USA).
- Target Industries
- Automotive industry (internal combustion engine and electric vehicle parts, battery cooling systems)Automotive industry (internal combustion engine and electric vehicle parts, battery cooling systems)
- IT industry (2nd batteries, laptop, smartphone components)IT industry (2nd batteries, laptop, smartphone components)
- Home appliance industry (air conditioner, washing machine, clothes dryer components and heat exchangers)Home appliance industry (air conditioner, washing machine, clothes dryer components and heat exchangers)
- Future mobility and battery manufacturing industriesFuture mobility and battery manufacturing industries
- Major Markets
- South Korea, China (Nanjing subsidiary), IndiaSouth Korea, China (Nanjing subsidiary), India
- Poland (Wrocław subsidiary)Poland (Wrocław subsidiary)
- United States (Michigan North American headquarters and production facility), MexicoUnited States (Michigan North American headquarters and production facility), Mexico
- Certifications/Patents
- ISO 9002 Quality Management System Certification (October 1997)ISO 9002 Quality Management System Certification (October 1997)
- ISO/TS 16949 Automotive Industry Quality Management System Certification (January 2005)ISO/TS 16949 Automotive Industry Quality Management System Certification (January 2005)
- ISO 14001 Environmental Management System Certification (November 2008)ISO 14001 Environmental Management System Certification (November 2008)
- INNO-BIZ Company selection (July 2002, Small and Medium Business Administration/Korea Technology Finance Corporation)INNO-BIZ Company selection (July 2002, Small and Medium Business Administration/Korea Technology Finance Corporation)
- Securing technological competitiveness as a patent-holding companySecuring technological competitiveness as a patent-holding company
- Award history including the Small and Medium Business Award (December 2000), Industrial Medal (March 2001, March 2015), '100 Million Dollar Export Tower' award (November 2006), and selection as an Excellent Labor-Management Culture Company (September 2007)Award history including the Small and Medium Business Award (December 2000), Industrial Medal (March 2001, March 2015), '100 Million Dollar Export Tower' award (November 2006), and selection as an Excellent Labor-Management Culture Company (September 2007)
Introduction
Location
24 Jeongdong-ro 62beon-gil, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
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