Mr H D BANG, YG Cutting Tools Corporation India Pvt. Ltd.
About YG Group: YG-1 continues to create greater values for all its stakeholders with “One Mind and One Spirit.” YG-1 strives to achieve the best performances in various areas. Going forward, we will become a recognized global player in the world market, by continuously growing, developing, & creating collaborations through encouraging autonomy and cooperation with our affiliates. YG-1 has more than 30 subsidiaries, joint ventures & associate companies, globally.
Business area: YG-1 is amongst the Top 5 companies globally in the End Mill manufacturing and sales industry. It is the largest, in the Republic of Korea (South Korea) based on its 30 years of know-how. YG-1 is expanding its range of products and items. YG-1 is the No.1 End mills maker (in round tools) in the world with 30 million pieces, 72 million pieces a year of Drill, 24 million pieces a year of Taps, being produced in 23 Production facilities worldwide and being sold in more than 75 countries. YG-1 has more than 5,000 employees working globally across various functions of R&D, Production, Sales & Marketing, Supply Chain, Finance, Human Resources, etc., creating value for all the stakeholders.
R&D Center YG-1 has 2 R&D centers operating in Republic of Korea. The Songdo R&D Center is developing new technologies for YG-1 with ‘creative thinking and innovation’. It focuses on expansion of conversion research through vibrant inter-department communication. The Chungju R&D Center is equipped with high tech facilities to produce new materials and products. It focuses on internalizing and upgrading YG-1’s key technologies while working on R&D and production. YG-1 will be setting a R&D Center in India very soon. This will be especially focus on the requirements of Indian market.
Milling: YG-1 Milling tools are recognized to be one of the most cost efficient cutting tools, coming with unique geometry and special coating, in the world, satisfying many users by providing a mass increase in productivity. This is amongst the primary reason; YG-1 has become the largest manufacturer (round tools) of End Mills across the globe.
Drilling: YG-1 Drilling tools are well known for its high precision and high technology, continuously impressing various manufacturers around the world.
Threading: YG-1 Threading tools are highly acclaimed for their excellent quality and unique design, constantly remaining as the First choice amongst the customers. YG-1 also exposes itself in the Die & Mold and Aerospace industries, on one hand, enhancing each industry manager for each sector giving out technical support and resolving application problems, running trials / tests with customers, support exhibitions, seminars, perform trainings for pursuing proper use of our tools. On the other hand, YG-1 keeps introducing for each industry dedicated tools with high performance, reducing cycle time, increasing predictability and profitability gains for its customers.
YG-1 products find applications across sectors & industries, viz., Aerospace,Die Mould, Automobile, Oil & Gas, Power, Information Technology, Electonics, General Engineering, Medical Equipment, etc. YG-1 is focusing on High-end products giving Better Performance to customers with various products.
YG-1 is aggressively expanding its business areas, and now creating foot prints in the Indexable inserts sector. It has started humbly with basic inserts, but this is just a start. We are targeting to equip as many as possible fields viz., Milling, Drilling, Turning, Threading as well as Boring.
By having in-house coating technology and machines, YG-1 will more firmly guarantee high quality products. We have recently introduced Milling & Drilling inserts. PVD-coated Turning is also available, and are planning to launch the CVD-coated Drilling & Turning inserts in 2017.
As we continue to march ahead, YG-1 has introduced E-Catalogue & Smart Tool Recommendation pages on its website www.yg1.kr to support the customers.
The customers or the users can access these pages and get proper recommendation of tooling required for their particular applications.
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