Molding Industry
Investment Environment & Support Policy
- Forward and backward linkage with five major industries; increase in demand for molds and dies according to the development of automotive, electronics and photonics industries.
- Establishment of a development base with industrial infrastructure
- Build a try-out center as a regional innovation specialization project, rapid processing of export volumes with the expansion of SOC (Social Overhead Capital).
- Molding Try-Out Center Construction Project(2005-2008 / 11.8 billion won (begin on March, 2006)
- Location : 2, Pyeongdong-ro 803beonan-gil, Gwangsan-gu, Gwangju (Pyeongdong Industrial Complex)
- Size : Site 8,250㎡, 3 buildings (Press, Injection, Administration Building)
- Contents : Improve reliability by jointly utilizing expensive equipment (press, injection machine, 3D measuring instrument, etc.) and establish a mold certification system
- Revitalizing related industries such as mold design, heat treatment of special steel materials for molds, and surface treatment (plating)
- Stable demand in the region
- Attract large companies to Gwangju such as KIA Motors, Samsung Electronics and LG Innotek
- Establishment of cluster mold industrial complexes
- Establish a non-stop production system covering R&D, contract, processing and delivery of products
- Size: 79.339㎡ (Moving in 19 companies), 90,365㎡ (Moving in 19 companies)
Support Results
| Classification | 2008 (completion of Center building) | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Annual Sales (Unit: 100,000 U.S. dollars) | 4,661 | 8,001 | 9,319 | 9,895 | 10,865 | 11,839 | 12,065 | 12,199 | 12,933 |
| Number of Jobs | 2,158 | 4,099 | 4,254 | 4,399 | 4,462 | 4,517 | 4,725 | 4,726 | 5,085 |
| Companies | 97 | 266 | 305 | 306 | 311 | 315 | 319 | 321 | 323 |
Support Infrastructure
- Gwangju Research Center of Korea Institute of Industrial Technology (KITECH)
- R&D : core technology for precision mold and die (high-speed mold, extension of duration of mold and die, etc.)
- Fostering manpower : projects nurturing CAD/CAM specialists, business incubation center support
- Company support : test production support, business management streamlining, equipment buildup and support
- Gwangju Association for Die & Mold Industry Development, Korea SMEs and Startups Agency
- Inviting overseas buyers, holding export consultation exhibitions and fairs, dispatching personnel to exhibitions and fairs
- Undertaking mold and die quality guarantee tasks, re-training field workers and training new workers
Primary Propulsion Policies
- Project to re-educate field workers in high value-added mold and die industries (August 2006 to July 2011 / 2.16 million U.S. dollars)
- Establish an integrated educational cooperation system, share educational infrastructure, foster high value-added technicians through close on-site educational support
- Develop learning materials, operate educational programs, and hold on-site visit-based education, on-site technology guidance, short-term training and seminars on technical trends
- Project to support mold and die technology for automotive parts and components (January 2009 to February 2013 / 2.92 million U.S. dollars)
- Contribute to the mutual development of mold and die and automotive industries through mold and die-related technology support
- Support design, development and processing of mold and die, support the acquisition of patents and certification, and provide mold and die-related information
- Project to foster a global green mold mecca (July 2010 to April 2013 / 9.5 million U.S. dollars)
- Provide package-type support for the development of companies in different phases (diagnosis of companies, technical guidance, linked support, etc.)
- Global marketing (facilitate domestic and overseas marketing activities, support the dispatch of market exploration delegations)
- Technical development projects (commercialization of development technology, sharing development and expansion)
- Project to establish a high-tech mold center (March 2011 to March 2014 / 32.2 million U.S. dollars)
- Establish a high-tech mold center for high value-added mold and die
- Establish equipment for manufacturing prototypes, conduct tests and evaluation, and develop mold and die-related technology
- Mold Production Value chain innovation support system based on IoT & Big data (April 2018 to December 2020 / 20.4 million U.S. dollars)
- (Base-building) Construction of three types of equipment, including two-floor demonstration center and 2,500-ton press, etc.
- (Technical Development) Operation and test and performance evaluation system development of mold manufacturing innovation equipment, etc.