"Mr.Chang-Jong Yoo, The President of KORLOY" has selected as the Grandprix of DASAN Technology award.
DASAN Technology award is widely known as a authoritative award of technical field in Korea.
◁ Article from The Korea Economic Daily newspaper ▷
♣What kind of company is KORLOY ♣
KORLOY is representative company in field of Local cutting tools and got results 52 billion won(KRW) last year. It is the greatest as local company of this field. However, Local market share is staying 10 % yet. It implies that foreign companies are leading this field of business.
KORLOY is developing and exporting the cutting tools having strong wear-resistance using Multi-Layer film technology by Chemical vapor deposition.
This company acquired KT(Korea new Technology) Mark by developing tools using atmospheric sintering technology having the optimum cutting quality last year, as well.
It is expected that KORLOY will get results around 58billion and 6hundred million won(KRW) thanks to increased demand for automobile this year.
