The new Samsung Machine Tools factory in Gimhae city, South Korea was unveiled last week and it’s impressive to say the least.
It was completed in August and it’s double the size of their old facility, now taking up 32,839 m2 across 4 floors. The larger factory size means that not only will production of their current range increase but it’s set to expand to include more high end machines. Increased manufacturing capacity of course means a rise in sales from $150 million at the start of the year to a projected $300 million as manufacture commenced at the new facility in September. With even more available space for expansion those projected sales could rise to £500 million in the near future.
The factory is in an interesting development called the Golden Root Complex. It’s a ground-breaking “green” initiative – the first of its kind in Korea, combining commercial factory space with an eco-friendly environment. It’s got a prime location with excellent distribution links which of course will mean the process from machine order to build all the way through to delivery will be seamless.
The new factory is absolutely perfect for Samsung as everything can be done on site – from research and development to the manufacture and distribution of the entire range. The factory opening was quite an event with dealers from America, China, Turkey, Italy, Marco Opitz and Stefan Jagiello from Germany and of course Dugard. Eric – our MD – and Olli – our European sales director – (pictured here with Samsung president Mr Won) were really impressed with what they saw, as Eric said:
“The new Samsung Machine Tools site is truly exceptional – with excellent facilities, a solid work ethic and outstanding products, Samsung are set to go from strength to strength”
Samsung have got a whole host of new machines ready to launch including new multi-axis lathes like the PL45 Y axis, horizontal machining centres similar to the new LCV 500 that we had on the stand at EMO, and big bore options like the PL80. You can see which Samsung machines we currently have in stock right here. Of course we’ve got machines scheduled so just let us know what you want and we can tell you when it’s coming. We update our stock list regularly online and post news stories with anything interesting so make sure you keep checking back. To make sure you don’t miss any Dugard information why not subscribe to our YouTube channel, and follow us on Twitter and LinkedIn?