Keumyong Machinery, established in 1956, is a company that contributed to the development of the Korean textile industry by being the first to develop circular knitting machines domestically. Subsequently, it expanded its business into high-value-added industrial machinery parts, including marine engines, aerospace engines, wind power, and gas turbine components, becoming a global enterprise. The company holds a dominant position with the world's number one market share in marine engine exhaust valves, demonstrating unique technological capabilities. It pursues a management philosophy of innovation and quality-first, based on precision machining and assembly technologies. With over 60 years of accumulated technology and business diversification, it aims for sustainable growth.KeumyongMachinery,establishedin1956,isacompanythatcontributedtothedevelopmentoftheKoreantextileindustrybybeingthefirsttodevelopcircularknittingmachinesdomestically.Subsequently,itexpandeditsbusinessintohigh-value-addedindustrialmachineryparts,includingmarineengines,aerospaceengines,windpower,andgasturbinecomponents,becomingaglobalenterprise.Thecompanyholdsadominantpositionwiththeworld'snumberonemarketshareinmarineengineexhaustvalves,demonstratinguniquetechnologicalcapabilities.Itpursuesamanagementphilosophyofinnovationandquality-first,basedonprecisionmachiningandassemblytechnologies.Withover60yearsofaccumulatedtechnologyandbusinessdiversification,itaimsforsustainablegrowth.
Key Products/TechnologiesKeyProducts/Technologies
The Textile Machinery Division possesses a product line of ultra-precision high-speed circular knitting machines. It produces various knitting machines such as Single Machine, Double Machine, Computerized Jacquard Machine, Stripper Machine, and Seamless Machine. It offers models including KM-3WE, KM-3WV, KM-4WV, KM-5.5WV, KM-30VM, KM-30WV, KM-30F, KSBP-TV, KSMJ-72J, KM-3WVX, KM-4WVX, KILM-72AV, KILM-84AS, KILM-108V, KILM-72AV, KILM-84AV, KILM-108, KPB-2TIV, KPB-4TV, KDMJ-72V, KYPL-V, KCDJ-Ⅳ, KCPJ-Ⅲ, KCPJ-3A2T, KCSJ-72V, KCMJ-Ⅲ, KYPL-CV, KSST-48, KDST-48, KDOS-12, KDMS-12. Capabilities include developing over 180 models through 3D CAD design and simulation. Production technology for various high-quality circular knitting machines from 3 gauge to 50 gauge. Durability and precision for stable knitting during high-speed operation. Integration of ICT technology for smart functionalities. Technology for producing spandex knit fabrics by feeding 84 yarns at once. Ability to produce fabrics without lines by opening the fabric width during production. Capacity to produce fine, high-quality fabrics using 42 gauge.TheTextileMachineryDivisionpossessesaproductlineofultra-precisionhigh-speedcircularknittingmachines.ItproducesvariousknittingmachinessuchasSingleMachine,DoubleMachine,ComputerizedJacquardMachine,StripperMachine,andSeamlessMachine.ItoffersmodelsincludingKM-3WE,KM-3WV,KM-4WV,KM-5.5WV,KM-30VM,KM-30WV,KM-30F,KSBP-TV,KSMJ-72J,KM-3WVX,KM-4WVX,KILM-72AV,KILM-84AS,KILM-108V,KILM-72AV,KILM-84AV,KILM-108,KPB-2TIV,KPB-4TV,KDMJ-72V,KYPL-V,KCDJ-Ⅳ,KCPJ-Ⅲ,KCPJ-3A2T,KCSJ-72V,KCMJ-Ⅲ,KYPL-CV,KSST-48,KDST-48,KDOS-12,KDMS-12.Capabilitiesincludedevelopingover180modelsthrough3DCADdesignandsimulation.Productiontechnologyforvarioushigh-qualitycircularknittingmachinesfrom3gaugeto50gauge.Durabilityandprecisionforstableknittingduringhigh-speedoperation.IntegrationofICTtechnologyforsmartfunctionalities.Technologyforproducingspandexknitfabricsbyfeeding84yarnsatonce.Abilitytoproducefabricswithoutlinesbyopeningthefabricwidthduringproduction.Capacitytoproducefine,high-qualityfabricsusing42gauge.
The Industrial Machinery Division produces marine engine exhaust valves, wind power parts, turbine parts, aerospace engine parts, and power plant components. It has achieved the world's number one market share in marine engine exhaust valve spindles. Technology for manufacturing exhaust valve core components, such as spindles, from high-quality nickel alloy steel. Development of technology for efficient exhaust gas discharge within exhaust valves. Development of high-heat-resistant and wear-resistant exhaust valve spindles, known as Duraspindles. Acquisition of the world's first production approval certification from MAN, a Danish company. Ability to stably supply components requiring high durability and reliability.TheIndustrialMachineryDivisionproducesmarineengineexhaustvalves,windpowerparts,turbineparts,aerospaceengineparts,andpowerplantcomponents.Ithasachievedtheworld'snumberonemarketshareinmarineengineexhaustvalvespindles.Technologyformanufacturingexhaustvalvecorecomponents,suchasspindles,fromhigh-qualitynickelalloysteel.Developmentoftechnologyforefficientexhaustgasdischargewithinexhaustvalves.Developmentofhigh-heat-resistantandwear-resistantexhaustvalvespindles,knownasDuraspindles.Acquisitionoftheworld'sfirstproductionapprovalcertificationfromMAN,aDanishcompany.Abilitytostablysupplycomponentsrequiringhighdurabilityandreliability.
The Future Business Division focuses on research and commercialization of key technologies for the 4th Industrial Revolution, including 3D printing, robot automation, and smart factory solutions. Leveraging over 60 years of manufacturing experience and expertise to discover future growth engines and pursue new businesses. Aiming for sustainable growth by commercializing innovative ideas.TheFutureBusinessDivisionfocusesonresearchandcommercializationofkeytechnologiesforthe4thIndustrialRevolution,including3Dprinting,robotautomation,andsmartfactorysolutions.Leveragingover60yearsofmanufacturingexperienceandexpertisetodiscoverfuturegrowthenginesandpursuenewbusinesses.Aimingforsustainablegrowthbycommercializinginnovativeideas.
Core AdvantagesCoreAdvantages
Over 60 Years of History and Accumulated Technology: A company that has accumulated numerous technologies in precision machining and assembly, as well as core materials and welding, since its establishment in 1956. This forms the basis for its unique technological prowess in domestic circular knitting machine development and industrial machinery parts manufacturing.Over60YearsofHistoryandAccumulatedTechnology:Acompanythathasaccumulatednumeroustechnologiesinprecisionmachiningandassembly,aswellascorematerialsandwelding,sinceitsestablishmentin1956.Thisformsthebasisforitsuniquetechnologicalprowessindomesticcircularknittingmachinedevelopmentandindustrialmachinerypartsmanufacturing.
Business Diversification and Entry into High-Value-Added Industries: Successful expansion of business areas from initial textile machinery to high-value-added sectors like marine engines, aerospace engines, wind power, and gas turbines. This has enabled the company to build a stable business portfolio and respond flexibly to market changes.BusinessDiversificationandEntryintoHigh-Value-AddedIndustries:Successfulexpansionofbusinessareasfrominitialtextilemachinerytohigh-value-addedsectorslikemarineengines,aerospaceengines,windpower,andgasturbines.Thishasenabledthecompanytobuildastablebusinessportfolioandrespondflexiblytomarketchanges.
World's Number One Market Share Technology: Achieved the world's number one market share in marine engine exhaust valve spindles, demonstrating unparalleled technological capabilities. The ability to consistently supply critical components requiring high durability and reliability.World'sNumberOneMarketShareTechnology:Achievedtheworld'snumberonemarketshareinmarineengineexhaustvalvespindles,demonstratingunparalleledtechnologicalcapabilities.Theabilitytoconsistentlysupplycriticalcomponentsrequiringhighdurabilityandreliability.
Independent Technology Development Capabilities: Development of the first domestic circular knitting machine and successful localization of marine engine exhaust valves previously reliant on imports. Development of high-heat-resistant and wear-resistant Duraspindles and acquisition of the world's first production approval certification from MAN.IndependentTechnologyDevelopmentCapabilities:Developmentofthefirstdomesticcircularknittingmachineandsuccessfullocalizationofmarineengineexhaustvalvespreviouslyreliantonimports.Developmentofhigh-heat-resistantandwear-resistantDuraspindlesandacquisitionoftheworld'sfirstproductionapprovalcertificationfromMAN.
Quality-First Management and R&D Investment: A commitment to customer success through perfect quality, actively reflecting customer demands. Continuous efforts in research and development and technological innovation to enhance global quality competitiveness. Investment in future technologies such as 3D printing and robot automation.Quality-FirstManagementandR&DInvestment:Acommitmenttocustomersuccessthroughperfectquality,activelyreflectingcustomerdemands.Continuouseffortsinresearchanddevelopmentandtechnologicalinnovationtoenhanceglobalqualitycompetitiveness.Investmentinfuturetechnologiessuchas3Dprintingandrobotautomation.
Global Network and Export Capabilities: Supply of world-class ultra-precision high-speed circular knitting machines to global textile and fashion companies. Exporting marine engine exhaust valves to over 35 countries worldwide, maintaining global leadership.GlobalNetworkandExportCapabilities:Supplyofworld-classultra-precisionhigh-speedcircularknittingmachinestoglobaltextileandfashioncompanies.Exportingmarineengineexhaustvalvestoover35countriesworldwide,maintaininggloballeadership.
Target IndustriesTargetIndustries
Textile and Fashion Industry (circular knitting machines, knitting machines)TextileandFashionIndustry(circularknittingmachines,knittingmachines)
Shipbuilding and Marine Industry (marine engine parts, exhaust valves)ShipbuildingandMarineIndustry(marineengineparts,exhaustvalves)
Aerospace Industry (aerospace engine parts)AerospaceIndustry(aerospaceengineparts)
Energy Industry (wind power generation, gas turbines, power plant components, nuclear power)EnergyIndustry(windpowergeneration,gasturbines,powerplantcomponents,nuclearpower)
Heavy Industry (large industrial machinery components)HeavyIndustry(largeindustrialmachinerycomponents)
Smart Manufacturing Systems SectorSmartManufacturingSystemsSector
Major MarketsMajorMarkets
Japan, China, IndiaJapan,China,India
UK, TurkeyUK,Turkey
USAUSA
Central and South America, EcuadorCentralandSouthAmerica,Ecuador
Certifications/PatentsCertifications/Patents
ISO CertificationISOCertification
CE CertificationCECertification
World-Class Product Certification for Marine Engine Exhaust Valves and Double Flush Circular Knitting Machines (designated by the Ministry of Trade, Industry and Energy)World-ClassProductCertificationforMarineEngineExhaustValvesandDoubleFlushCircularKnittingMachines(designatedbytheMinistryofTrade,IndustryandEnergy)
Venture Company ConfirmationVentureCompanyConfirmation
Designation as World-Class Capital Goods (Ministry of Trade, Industry and Energy, 1998)DesignationasWorld-ClassCapitalGoods(MinistryofTrade,IndustryandEnergy,1998)
Designation as Excellent Technology Company (Korea Technology Finance Corporation, 1997)DesignationasExcellentTechnologyCompany(KoreaTechnologyFinanceCorporation,1997)
Recognition as Excellent Labor-Management Cooperation Company (Ministry of Labor, 1996)RecognitionasExcellentLabor-ManagementCooperationCompany(MinistryofLabor,1996)
Designation as Promising Advanced Technology Company (Small and Medium Business Administration, 1995)DesignationasPromisingAdvancedTechnologyCompany(SmallandMediumBusinessAdministration,1995)
Introduction of Single PPM Movement and Presidential Commendation Award (2012)IntroductionofSinglePPMMovementandPresidentialCommendationAward(2012)
World's first production approval certification for Duraspindles from MANWorld'sfirstproductionapprovalcertificationforDuraspindlesfromMAN
Patent-holding company (specific patent numbers not identified)Patent-holdingcompany(specificpatentnumbersnotidentified)