[KMTI ⑫] 5.5% Expansion Rebound

5.5% Expansion Rebound Fueled by Export Orders

Machine tool orders received by Korean producers reached 3.7 trillion won in 2013, a 5.5% expansion over the previous year. Export orders scored an 8.7% increase, registering 1.9 trillion won, while domestic orders reaped 1.77 trillion won, a 2.3% year-on-year rise.

By machine type, NC cutting machines took the lion’s share of Korean companies’ orders at 3.1 trillion won, a sharp on-year increase of 9.7%. However, orders for general cutting machines and metal forming machines slid by 18.1% and 10.8%, respectively, to 1.38 trillion won and 3,22 trillion won.

Three major items – NC lathes, machining centers and presses – combined to record 2.9 billion won in orders received by Korean producers, accounting for 79% of the total order volume.

In terms of orders by industrial sector, automobile and automotive parts manufacturers marked negative growth of 5.1% at 592 billion won, while general machinery producers increased orders by 12.4% to 322.6 billion won.

Sluggish domestic demand and a slowdown in new model launches were cited for the order reduction in the automotive sector.

Among the sectors that posted an increase in orders were electric, electronics and IT at 49.3% (210 billion won), shipbuilding and aerospace at 28% (104.8 billion won), and precision machinery at 10.3% (210 billion won). The sectors experiencing negative order growth in addition to automobiles included metal products at –11.5% (161.8 billion won) and steel & nonferrous metals at 127.2 billion won.

[Matchmaking4U]Exhibitor(1) FPT, ITALY

About FPT INDUSTRY SPA

FPT Industrie SpA manufactures CNC medium to big size milling machines, vertical lathes, milling and boring machines for the energy, aerospace, railway, naval, mechanical, defence, and die & mould fields and is proud to have many loyal customers all around the world. Headquartered close to Venice, Italy, since its establishment in 1969, FPT increased and consolidated its presence in the domestic and international markets. During these 45 years, FPT brand has become synonymous with technology, accuracy and reliability. FPT goals have always been its customers’ satisfaction, the continuous research and development of new products as well as the improvement of the existing product range.

Part of FPT’s ongoing strategy is to invest in innovation including the development of technologically advanced processes, products and accessories or features for the company’s existing products, services and corporate image. It also strives to improve its service department. In fact,  the company has branches worldwide - Germany, Korea, Russia, China, India and the United States -, all of which can count on service personnel as well as availability of parts, thus helping FPT to stay ahead of the competition. One of the most important priorities for the company is to keep its loyal customer base and to make sure that every customer that owns an FPT product is satisfied with its services, not just the machine itself but also the after-sales service.

FPT strong point is the ability to propose solutions, not only machines. The company can be compared to the best Italian tailors since it works close to its customer, it defines the right machine to the right job and hence it customizes its products to meet its customer needs.

FPT INDUSTRY SPA in SIMTOS 2014

At SIMTOS2014, FPT will exhibit one of its best milling machines, the Ronin machine. A fully cast iron product, suitable for each market field thanks to its extremely flexibility in configuration and top level features. The exhibited machine will be used in the die&mould industry and will have the following configuration: axis strokes (X/Y/Z) 6000/1250/2500 mm, motorspindle 49 kW/7000 rpm/1180 Nm, NC Heidenhain iTNC530 HSCI, ATC, AAC, it will be specifically equipped with three different heads (spindle extension, universal mechanica head, and 5 axis head with electrospindle), touch probe, laser probe and other softwares, patented by FPT, developed to optimize the precision of its products and reduce the service costs.

FPT will participate in SIMTOS2014 because of the growing importance of the Korean market: whose economy is considered to be strategic by its management, so that it focuses on maximising its local presence and brand awareness. FPT is confident to hit this target thanks to its ability to support big companies in improving their business and their productivity, hence we also want to support big Korean groups.