Since establishment in 1975, Sungwon Ind. has been manufacturing automobile fasteners using cold forging technique. Based on price competitiveness, the company is supplying products to customers that are leading enterprises in Korea and abroad while conducting strict quality control by digitalizing the entire processes. In 2018, especially, Sungwon Ind. won the One-million-dollar Tower of Export and the company’s long bolt recorded 30% share in the global market. Sungwon Ind. is also expanding product lineup to produce precision forging items. With technological power built over the last 50 years, Sungwon Ind. is accelerating global market entry.

[information]

Address

783-11, Namyangnam-ro, Wujeong-eup, Hwaseong-si, Gyeonggi-do, Korea

Tel

+82-31-352-3253

Fax

+82-31 - 352 - 3469

Website

http://www.swbolt.co.kr/

Products

Automobile fasteners

Certifications

ISO 14001, IATF 16949, SQ

Production Facilities

Forging machine, thread rolling machine, optical sorting machine

[History]

• 1975 Company established
• 1987 Supplied products to Halla
• 2004 Established ERP system
• 2011 Supplied products to SK Innovation
• 2014 Developed pre-heat treated steel Obtained HMC/KIA SQ Hardware Grade “S”
• 2016 Established standard digitalization system
• 2017 Changed corporation, changed trade name to Sungwon Ind.
• 2018 Won One-million-dollar Tower of Export
• 2021 Opened Plant 2 in Wujeong-eup

[Business Overview and Key Products]

- Supplying fasteners applied to automobile parts, such as air conditioning system, electric vehicle battery pack, brake parts,
and door parts, etc.
- Secured technological power and price competitiveness to record over 30% share in the global market for long bolt
- Equipped with six-level parts former for precision forging, attempting to expand product groups to include gears and shafts

[Features and Strengths]

1) Pre-heat Treated Steel for Comp Head Bolt
· Guaranteeing durability by developing technique to minimize forging stress generation
· Increasing productivity by developing molding technique enabling 9.8T material forging
2) Output Shaft
· Cost reduction by changing technique (internal diameter drilling → forging)

[Key Products]

• Long Bolt
• Bolt
• Screw
• Pin
• Nut
• Power Delivery Parts

[Production Facilities]

• Forging
• Thread Rolling
• Heat Treatment
• Plating
• Sorting and Packaging