Concerns Over Hyundai Motor Group Production Disruptions Due to Safety Industry Fire Supplying Engine Valves... Seeking Alternative Suppliers
Engine Valves: Core Component for Automakers
"Certain Amount of Inventory in Stock"
Concerns have been raised that vehicle production schedules may be disrupted after it was confirmed that Safety Industry, which suffered dozens of casualties in a fire on March 20, supplies engine valves to Hyundai Motor Group.
Only the skeletal structure remains of the building of Safe Industries in Daedeok-gu, Daejeon, where a large fire broke out on the afternoon of the 21st. Fire authorities are mobilizing heavy equipment to clear the debris. Photo by Youngchan Choi, Yonhap News Agency
View original imageAccording to the industry on March 23, Safety Industry—where the fire broke out—is known to be a key partner of Hyundai Motor Group, producing more than 70 million engine valves annually.
An engine valve is a critical automotive component that controls the process of air and fuel intake into the engine cylinder and the emission of exhaust gases.
Hyundai Motor Group is currently inspecting its inventory of engine valves and exploring alternative suppliers. A Hyundai Motor Group official stated, "We currently have a certain amount of inventory in stock and are coordinating with other companies to avoid disruptions to production."
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At approximately 1:17 p.m. on March 20, a large fire broke out at Safety Industry in Daedeok-gu, Daejeon, resulting in 14 deaths and 60 injuries, for a total of 74 casualties.
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