Information
745 Namyangman-ro, Ujeong-eup, Hwaseong-si, Gyeonggi-do, South Korea
+82 31-359-3650
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Overview
- Summary
- Established in 1974, PUNGKANG Co., Ltd. is a specialized manufacturer of automotive nuts, special forged products, and mechanical fastening fasteners. Over the past 40 years, the company has grown alongside the development of the South Korean automotive industry, establishing itself as a professional automotive parts supplier. PUNGKANG is actively responding to the global automotive industry's shift from fossil fuels to electric and hydrogen fuels by focusing on developing new products for EV batteries and lightweight vehicle bodies. The company supplies parts to renowned domestic and international automotive OEMs and their partners, integrating technology and know-how to shape the future of the automotive parts industry.Established in 1974, PUNGKANG Co., Ltd. is a specialized manufacturer of automotive nuts, special forged products, and mechanical fastening fasteners. Over the past 40 years, the company has grown alongside the development of the South Korean automotive industry, establishing itself as a professional automotive parts supplier. PUNGKANG is actively responding to the global automotive industry's shift from fossil fuels to electric and hydrogen fuels by focusing on developing new products for EV batteries and lightweight vehicle bodies. The company supplies parts to renowned domestic and international automotive OEMs and their partners, integrating technology and know-how to shape the future of the automotive parts industry.
- Key Products/Technologies
- Automotive Nuts: A diverse product line including wheel nuts, lock nuts, conical nuts, weld nuts, castle nuts, flange nuts, hex nuts, ring nuts, adjust nuts, insert nuts for EVs, and square nuts for EVs.Automotive Nuts: A diverse product line including wheel nuts, lock nuts, conical nuts, weld nuts, castle nuts, flange nuts, hex nuts, ring nuts, adjust nuts, insert nuts for EVs, and square nuts for EVs.
- Special Forged Products: Production capabilities for various shapes of special forged parts such as bushes, plugs, cable clip bodies, clutches (for assembly), and fuel injectors.Special Forged Products: Production capabilities for various shapes of special forged parts such as bushes, plugs, cable clip bodies, clutches (for assembly), and fuel injectors.
- Mechanical Fastening Fasteners: Securing mechanical bonding fastener product lines and strengthening technological capabilities through a RIFAST mechanical bonding technology license agreement.Mechanical Fastening Fasteners: Securing mechanical bonding fastener product lines and strengthening technological capabilities through a RIFAST mechanical bonding technology license agreement.
- Cold Forging Technology: A process that allows forging at room temperature without heating the material, utilized for producing various shapes and materials of general nuts for automobiles and special forgings.Cold Forging Technology: A process that allows forging at room temperature without heating the material, utilized for producing various shapes and materials of general nuts for automobiles and special forgings.
- Hot Forging Technology: A three-step process involving heating materials to approximately 1200℃ to reduce deformation resistance, suitable for mass production of large-sized automotive and industrial forgings ranging from M20 to M32.Hot Forging Technology: A three-step process involving heating materials to approximately 1200℃ to reduce deformation resistance, suitable for mass production of large-sized automotive and industrial forgings ranging from M20 to M32.
- Tapping and Assembly Technology: Operation of a tapping line for processing fastening threads, including an automatic supply system, and an assembly line for anti-loosening functions, washer assembly, and ring assembly.Tapping and Assembly Technology: Operation of a tapping line for processing fastening threads, including an automatic supply system, and an assembly line for anti-loosening functions, washer assembly, and ring assembly.
- EV Parts Development: Focus on developing new technological products applicable to EV batteries and lightweight vehicle bodies, actively responding to changes in the future mobility market.EV Parts Development: Focus on developing new technological products applicable to EV batteries and lightweight vehicle bodies, actively responding to changes in the future mobility market.
- Core Advantages
- Over 40 Years of Experience and Expertise: Possessing extensive experience and specialized technical skills from over 40 years in the automotive nut and forged product manufacturing industry since its establishment in 1974.Over 40 Years of Experience and Expertise: Possessing extensive experience and specialized technical skills from over 40 years in the automotive nut and forged product manufacturing industry since its establishment in 1974.
- Technological Innovation and R&D Capabilities: Securing technological leadership through continuous R&D and overseas technology alliances, consistently developing new products for EV batteries and lightweight vehicle bodies.Technological Innovation and R&D Capabilities: Securing technological leadership through continuous R&D and overseas technology alliances, consistently developing new products for EV batteries and lightweight vehicle bodies.
- Rigorous Quality Systems and Certifications: Ability to supply high-quality products through multiple international quality, environmental, and safety management system certifications, including ISO/TS 16949, IATF16949:2016, ISO 14001, ISO 45001, and ISO 22301.Rigorous Quality Systems and Certifications: Ability to supply high-quality products through multiple international quality, environmental, and safety management system certifications, including ISO/TS 16949, IATF16949:2016, ISO 14001, ISO 45001, and ISO 22301.
- Advanced Automated Production Facilities: Enhanced production competitiveness by achieving cost reduction and quality improvement simultaneously through a fully automated system at the new Hwaseong factory.Advanced Automated Production Facilities: Enhanced production competitiveness by achieving cost reduction and quality improvement simultaneously through a fully automated system at the new Hwaseong factory.
- Stable Supply Chain with Major Domestic and International Clients: Supplying parts to leading domestic automotive OEMs and their primary partners, such as Hyundai Motor Company, Kia, GM Korea, Renault Korea, KG Mobility, and international OEMs like Nissan.Stable Supply Chain with Major Domestic and International Clients: Supplying parts to leading domestic automotive OEMs and their primary partners, such as Hyundai Motor Company, Kia, GM Korea, Renault Korea, KG Mobility, and international OEMs like Nissan.
- Global Production and Export Hubs: Establishment of a local subsidiary in Mexico (SPM AUTO PARTS) in 2015 and a US local subsidiary (PUNGKANG AMERICA INC) in 2024, laying the groundwork for expanding into the North American market and increasing exports.Global Production and Export Hubs: Establishment of a local subsidiary in Mexico (SPM AUTO PARTS) in 2015 and a US local subsidiary (PUNGKANG AMERICA INC) in 2024, laying the groundwork for expanding into the North American market and increasing exports.
- Designation as a Root Technology Specialist: Official recognition of its technological prowess and competitiveness through designation as a root technology specialist and Root Myungga by the Ministry of Trade, Industry and Energy.Designation as a Root Technology Specialist: Official recognition of its technological prowess and competitiveness through designation as a root technology specialist and Root Myungga by the Ministry of Trade, Industry and Energy.
- Target Industrie
- Automotive Industry: Supplying nuts and forged parts to domestic and international finished vehicle manufacturers and their primary partners for passenger cars and commercial vehicles.Automotive Industry: Supplying nuts and forged parts to domestic and international finished vehicle manufacturers and their primary partners for passenger cars and commercial vehicles.
- General Machinery Industry: Providing nuts and forged products for various general machinery applications across different industrial sectors.General Machinery Industry: Providing nuts and forged products for various general machinery applications across different industrial sectors.
- Electric Vehicle and Lightweight Vehicle Industry: Developing and supplying specialized nuts and forged products for EV battery packs and lightweight vehicle bodies.Electric Vehicle and Lightweight Vehicle Industry: Developing and supplying specialized nuts and forged products for EV battery packs and lightweight vehicle bodies.
- Major Markets
- South Korea (domestic market), Japan, ChinaSouth Korea (domestic market), Japan, China
- United Kingdom, Russia, Spain, Poland (LG Chem EV battery packs)United Kingdom, Russia, Spain, Poland (LG Chem EV battery packs)
- Mexico (SPM AUTO PARTS local subsidiary), USA (PUNGKANG AMERICA INC local subsidiary)Mexico (SPM AUTO PARTS local subsidiary), USA (PUNGKANG AMERICA INC local subsidiary)
- Certifications/Patents
- ISO/TS 16949 CertificationISO/TS 16949 Certification
- IATF16949:2016 CertificationIATF16949:2016 Certification
- ISO 14001:2015 / KS I ISO 14001:2015 Environmental Management System CertificationISO 14001:2015 / KS I ISO 14001:2015 Environmental Management System Certification
- ISO 45001:2018 / KS Q ISO 45001:2018 Safety and Health Management System CertificationISO 45001:2018 / KS Q ISO 45001:2018 Safety and Health Management System Certification
- ISO 22301:2012 Business Continuity Management System CertificationISO 22301:2012 Business Continuity Management System Certification
- QS9000 (KSA-QA) Certification (2000)QS9000 (KSA-QA) Certification (2000)
- ISO9002 (KSA-QA) Certification (1996)ISO9002 (KSA-QA) Certification (1996)
- Kia Motors Quality Certification (KQ-1) (1995)Kia Motors Quality Certification (KQ-1) (1995)
- Korean Industrial Standard (KS Standard) Acquisition (1989)Korean Industrial Standard (KS Standard) Acquisition (1989)
- Designation as Root Myungga (2018)Designation as Root Myungga (2018)
- Designation as a Root Technology Specialist Company (2017)Designation as a Root Technology Specialist Company (2017)
- Completion of Smart Eco-Factory Construction (2023)Completion of Smart Eco-Factory Construction (2023)
- Patent: Lifting Lift for Nut Storage (Registration No. 1010588040000)Patent: Lifting Lift for Nut Storage (Registration No. 1010588040000)
- Patent: Vehicle Wheel Nut with Protective Cap (Registration No. 1011566440000)Patent: Vehicle Wheel Nut with Protective Cap (Registration No. 1011566440000)
- Patent: Anti-theft Wheel Nut Device and its Manufacturing Method (Registration No. 1018596940000)Patent: Anti-theft Wheel Nut Device and its Manufacturing Method (Registration No. 1018596940000)
- RIFAST (Mechanical Bonding Technology) License Agreement (2020)RIFAST (Mechanical Bonding Technology) License Agreement (2020)
- Ongoing development of security nutsOngoing development of security nuts
Introduction
Location
745 Namyangman-ro, Ujeong-eup, Hwaseong-si, Gyeonggi-do, South Korea
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