Small and Medium Business Corporation

Kim Hak-do, President of the Small and Medium Business Corporation (seventh from the left in the front row), is attending the 'SoBuJang Small and Medium Enterprises and Related Organizations Meeting' held on the 14th at Taerim Industry in Changwon, Gyeongnam, posing for a commemorative photo with representatives of small and medium enterprises and heads of related organizations.

Kim Hak-do, President of the Small and Medium Business Corporation (seventh from the left in the front row), is attending the 'SoBuJang Small and Medium Enterprises and Related Organizations Meeting' held on the 14th at Taerim Industry in Changwon, Gyeongnam, posing for a commemorative photo with representatives of small and medium enterprises and heads of related organizations.

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[Asia Economy Reporter Kim Daeseop] "The Korea SMEs and Startups Agency (KOSME) will lead the strengthening of manufacturing competitiveness of materials, parts, and equipment companies through comprehensive support ranging from training specialized personnel for smart factory operations to post-management of adopting companies."


On the 14th, Kim Hak-do, Chairman of KOSME, said this at the 'Materials, Parts, and Equipment SMEs and Related Organizations Meeting' held at Taerim Industry in Changwon, Gyeongnam, adding, "KOSME will prepare concrete plans to provide linked support such as funding, manpower, and the Tomorrow Filling Deduction Project to offer practical assistance."


The meeting was attended by seven people including Kim Hak-do, Chairman of KOSME; Lee Jeong-hwan, Director of the Korea Institute of Materials Science; Ahn Wan-gi, Director of Gyeongnam Technopark; Oh Seung-han, CEO of Taerim Industry; and Kim Myung-han, CEO of Shinseung Precision.


The participants discussed strategies for building smart factories and improving productivity for companies engaged in materials, parts, and equipment, which are key to manufacturing in the post-COVID-19 era, focusing on strengthening smart manufacturing competitiveness in the materials, parts, and equipment industry.


CEO Kim Myung-han said, "For effective smart factory operation, follow-up support and management such as facility investment after smart factory construction, enhancing the capabilities of current employees, and securing excellent personnel are essential." In response, Chairman Kim Hak-do said, "We will actively collaborate with related organizations so that domestic materials, parts, and equipment SMEs can achieve world-class manufacturing competitiveness."


KOSME plans to promote post-management projects for smart factories, such as customized after-services, to provide follow-up support so that companies that have introduced smart factories can continuously maintain and strengthen their manufacturing competitiveness.


Chairman Kim toured the production site of Taerim Industry, which introduced a smart factory, and listened to the current operation status and difficulties. Taerim Industry was established in 1986 and is a company specializing in producing automotive steering parts. It is a global small giant company exporting more than 90% of its sales.



Chairman Kim Hak-do said, "Taerim Industry is a representative success case that has simultaneously achieved productivity improvement and job creation through the introduction of a smart factory."


This content was produced with the assistance of AI translation services.

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