Cold-forged parts for automobiles

[INQ. NO. 1505M35] Taeyang Metal is a company manufacturing cold-forged and precision-processed parts for automobiles, since its founding in 1954. Its accumulated business experience makes it possible for the company to cover a wide variety of coldforged parts for automotive engines such as cylinder-head bolts, bearing-cap bolts, connecting rod-bolts, fly wheelbolts, crank shaft pulley-bolts, etc. and thus allowing the company to play a leading role in the development of the automobile industry in Korea.

Cold-forged-parts-for-automobiles domestic customers are Hyundai Motors, Kia Motors etc. and international customers include GM, Sankei, Chrysler etc. Its strength is in-house design capabilities for high tensile strength bolt, precision threaded fasteners and components and equipped with accredited fastener testing & calibration laboratory.

After accomplishing the accumulated export performance of $30,000,000 in 2004, the maker has started accelerating its drive for expanding its offshore presence while aggressively establishing foreign corporates in India, the U.S.A and a factory in China. As a recent noteworthy move, the company started expanding its business activities by delivering its high-class products to wind energy enterprises in Korea.

As of 2013, the company has witnessed significantly improved export performance, up 23 percentage points from the year before, thanks to an increase of exports to the U.S.A, etc. – backed by the growing pace of the global economy.

Taeyang Metal’s active outreach activities in foreign markets propelled its remarkable contribution to the nation’s export drive, as of 2013, recording US$100 million in export performance, following its US$ 30 million in 2004, US$ 50 million in 2006, and US$ 70 million in 2008. | Blog Magazine of korean-machinery, brands and Goods

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