Engine parts

[INQ. NO. 1512M26] JinHeung Foundry is a specialized company whichhttps://korean-machinery.com///inquiry produces casting materials for automobiles (passenger, commercial, SUV), construction equipment, and railways. The company is recognized as a small, but powerful leading company that has been developing in diffi cult conditions in the casting industry. With its high level of technology and quality, the company has been supplying casting materials such as FC, FCD, HiSiMo and ADI to the global leading clients. Thus, the company is considered a leading company in the casting industry. In 2009, JinHeung Foundry was rewarded a presidential prize in a casting technical competition fair for its material process technology “e-manufacturing “which was built for an American tactical vehicle manufacturer. The company’s Gunsan plant made it possible for the company to become a leading company with not only just in the time delivery, but also with continuous technological developments and innovative activities.

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Korean machinery part

Korean machinery part makers to seek more aggressive advance into China market

A positive expectation is forming among Korean machinery circles that the recently concluded Korea-China FTA would be a factor generating benefit for them. According to the Korea Association of Machinery Industry (KOAMI), Korean companies will be likely to benefit from the FTA in terms of tariff rate – due to China’s average tariff rate (8.1%) is higher than that of Korea (6.6%).

As Korean-made machinery products have comparative advantages over those from China in terms of quality, the rate of Korean companies’ advance into Chinese market is expected to increase significantly in the medium-and longterm.

A spokesperson of the agency said “For most machinery products, China’s tariff rate is higher than that of Korea, so, if tariffs at the two sides are abolished at the same time, Korea will likely take advantage from it, but only export of lowpriced tools, parts and components is expected to gradually be increased because of China’s price competiveness.

Korean-machinery-part So, the need for expanding the technology gap with Chinese competitors is strongly emerging as an important issue Korean companies manufacturing low-priced machinery tools, parts and components to solve.

As of last year, China emerged as the world’s largest importer of Korean-made general machinery comprising 24.2% of Korea’s total machinery exports, but recently the balance of payments remains to be seen gradually decreased.

The following selected companies are some of Korea’s representative machinery part makers taking considerable dominance in the global market in their specific areas.

With keen interest from the Korean government and a governmental agency, they plan to elevate their more aggressive advance into the China market with an aim to increase the ratio of their market dominance than competitors worldwide, on the occasion of the recently concluded Korea-China FTA.

 
 
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Engine parts

[INQ. NO. 1412M11] AUTOTOP is a Korean representative manufacturer of auto parts, specializing in water pumps & oil pumps & damper pulleys which are important engine parts for automobiles. The maker produces the greatest number of water pumps & oil pumps & damper pulleys, for Japanese, American and European cars as well as Korean ones from Hyundai, Kia, GM Daewoo, Ssangyong and Samsung. Such global top-quality products are now briskly being exported to more than 50 countries in the world.

Engine-partshttps://korean-machinery.com///inquiry There are now three major items representing the company’s current most flagship engine parts -water pump, oil pump, and pulley. The first is an automotive engine parts and its function is to cool the engine by allowing the coolant flow from radiator to cylinder’s water jacket.

The second is responsible for pressurizing engine oil from oil pan and pumping it throughout an engine. Under pressure from it, oil purified through oil filter flows properly into various parts of internal combustion engine. The third installed on engine crank-shaft transmits rotation power to water pump, alternator, airconditioner compressor, etc. via belt and absorbs rotation vibration of crank shaft, in order to prevent its distortion of axle and minimize noise, respectively.

 
 
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