South Korea's machine tool companies saw big increase in orders for machine tools

According to South Korea's Seoul Economic News, the South Korean machine tool industry pointed out recently that although the recent global economic development has been sluggish, the South Korean machine tool industry has entered a better place. It is known as the “barometer” of the manufacturing industry and reflects the manufacturing industry conditions. The outlook should be quite optimistic in the short term.

Among them, the Doosan Infracore won only 2,200 machines in the machine tool sector in April this year, a record high, more than twice the monthly average of 1,000 units last year, which has made it possible for Korea's Doosan Infracore. The original plant's operating rate was as high as 130%. In addition, recently, due to the substantial increase in the production of Chinese automobiles and the demand for machine tools, the operating rate of its Yantai factory in China has also exceeded 100%.

Another well-known company, Hyundai-Wia, has also seen a significant increase in the number of orders received so far. This year's production plan has increased by 50% from last year. To resolve the volume of orders that may continue to accumulate, the company The company has increased its production line at its Changwon plant and plans to increase the production volume of orders from OEM manufacturers from the second half of the year. From August, its machine tool factory in Zhangjiagang, China will also start construction on a full scale.