Korea Forging Cooperative

Contents Korean Forging Industry Korea Forging Cooperative

Overview ① Since the end of 2009, Korean forging industry has been grown. Most effective factor of growth is development of Automobile. ② Increasing demand on automobile lead to production capacity shortage in other industries. ③ There is a shortage of production staff in forging companies. ④ Close-die forging is in booming, Open-die forging is still in the stagnation. ⑤ CEOs in age of 50s played the key role in Korea forging industry. ⑥ Some forging companies enter the production of raw materials.

Max Sales : 263 Min Sales : 8.4 Max Sales : 333 Min Sales : 25 (million US dollar)

History of KFC Establishment Start Joint Purchase Project Publish ‘General Survey of Korea Forging Industry’ Achieved 10,951 ton billet by Joint Purchase/year Performed 1st contest of metal-forming tech.(annual event) Hosted 4th Asia Forge Representative Meeting Published 'Directory of Korea Forging Industries'(Eng. version)

Membership Members : 43 companies Location Sales : Total US$ 559 million Average US$ 14 million Employees : Total 3,415 people Average 81 people

2012 ASIA Forge Meeting Title : The 5 th Asia Forge Meeting Slogan : Enrich human lives, Green Forging Host : Korea Forging Cooperative Members : AIFI, CCMI, JFA, TFA Period : October 2012, 3~4days Location : Seoul, Korea Unit events - 1 st day : Registration, Welcome dinner - 2 nd day : Inside Display, Presentation, Farewell dinner - 3 ~ 4 th day : Plant tour, 3routes 2 routes are Automobiles & partners forging companies 1 route is Open die forging companies ※ We will let members know by the end of this year confirmed.

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