Mr. Hokeun Song, Chairman, YG-1 Co., Ltd
We, YG-1 continue to create greater values for all its stakeholders with “One Mind, One Spirit”. By continuously growing, investing, developing and creating collaborations, YG-1 continuously strives to achieve the best performance in various areas and also to be more highly recognized as a leading global company in the world market. YG-1 currently holds more than 30 subsidiaries, joint ventures and associate companies, globally.
YG-1 is amongst the Top 5 companies globally in the End Mill manufacturing and sales industry and also the largest, in the Republic of Korea (South Korea). Based on its 30 years of know-how. YG-1 is continuously expanding its range of products and items.
YG-1 has almost 5,000 employees working globally across various functions of the R&D, Production, Sales & Marketing, Supply Chain, Finance, Human Resources, etc., creating value
Currently producing 30 million pieces of End Mills, 72 million pieces of Drills, and 24 million pieces of taps a year. YG-1 manufactures quality products in 23 Production facilities worldwide and is being sold in more than 75 countries.
YG-1 products find applications across sectors and industries, viz., Aerospace, Die & Mold, Automobile, Oil & Gas, Power, Information Technology, Electronics, General Engineering, Medical Equipment, etc. YG-1 is focusing on High-end products, offering the highest performance to customers with also a full range of various products.
According to the specific needs of each customer, YG-1 especially puts special emphasis and also a great amount of investment on developing new products and recruiting highly skilled individuals. Obtaining Industry Managers and also Product Managers to specialize and focus on specific industries for better services and customer support. YG-1 also holds a quality product range available for specific industries.
End Mills:
Hole Making:
Threading Tools:
The Universal Line – a huge investment in indexible inserts for Milling, Drilling, and Turning for a variety of industries with unique geometries and carbide grades, for machining a wide range of applications and materials for all industries
Currently, the cutting tool industry is witnessing a slow growth; however with the initiatives under “Make in India”, is expected to boost up in the future.
YG-1 is very positive about the India market and is expecting a major growth. The cutting tool industry currently is upbeat by the steps taken from the government to promote manufacturing sector, under the made in India initiative. With the growth of manufacturing in the country, the cutting tool industry is expecting a major boost.
For the Best Customer Value, Through the Best Quality of Products, Process and People!
With highly experienced individuals in the company, YG-1 understands the economy and continuously designs professional and flexible statistics for the future. By understanding the importance of the domestic manufacturing in India, this is why YG-1 has opened the new facility in India and is planning other larger investments in production and development.
We have recently introduced new products across categories & for specific industries as below: End Mills:
Indexible Inserts The Universal Line – For a variety of industries for Milling, Drilling, and Turning for a variety of industries for machining a wide range of applications and materials for all industries.
Value Added Service for Our Customers
As YG-1 continues to march ahead, YG-1 has introduced the E-Catalogue & Smart Tool Recommendation pages on its website www.yg1.kr to support the customers with additional service.
The customers or users can access these pages for accurate data of recommendations of tooling required for each particular application.
YG-1 is aggressively expanding more of its business areas, and creating foot prints in the indexable inserts market. It has started humbly with the most popular inserts in the market, but this is just a start. YG-1 is targeting to equip as many fields as possible. viz., Milling, Drilling, Turning, Threading as well as Boring.
The range of Inserts of YG-1 currently, viz., Turning, Milling & Drilling, will be available from January 2017. By having an in-house coating technology and a huge amount of machines, YG-1 will more firmly guarantee high quality products.
YG-1 currently has 2 large R&D centers operating in the Republic of Korea (South Korea). The R&D centers focus on, improving the existing products & technologies; and to develop much more innovated products with new designs, materials & new applications.
The Song-do R&D Center is developing new technologies for YG-1 with ‘creative thinking and innovation’. It focuses on the expansion of conversion research through vibrant interdepartmental communication. The Chung-ju R&D Center is equipped in focus 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. Over time, YG-1 will be establishing a R&D Center also in India to cater to the specific needs of the domestic customers.
The success of our company is our people; YG-1 is a one big family irrespective of nationality. It is because of our family, that we are marching ahead. Apart from the members, New Products, Quality Control & Quick Delivery are our key success factors.
YG-1 keeps introducing New Products with upgraded technology resulting in always a Better Performance for our Customers from time to time. The phrase, “If it’s not perfect, it’s not YG-1”, is not just a slogan but the way of life for us at YG-1. Strict Quality Control is the basis of all YG-1 products. YG-1 is well known for its Quick Delivery (fast & in-time) amongst Customers. This is a key point for YG-1’s Customers. All this has helped us to Meet & Exceed Customer Expectations time and again, YG-1 is leading to Customer Satisfaction.
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