News & Event
- News & Event
(DAEGU=Yonhap News) An advanced tools technology support center is set to open on December 14 in Daegu to help cultivate the local advanced tools industry.
A total of KRW 30 billion was spent on building the center on a site of 3,700 square meters inside the Dalseo-gu Seongseo 3rd Industrial Complex.
The center currently features 5 types of equipment related to the cutting tools industry, and plans to install 13 more types by 2019.
When it opens, the center will provide tool manufacturing companies with support for research and development, reliability testing, and prototype manufacturing, in addition to developing technology for making cutting tools used for processing advanced material parts.
Mayor Kwon Young-jin noted, "the advanced tools industry is essential in uprading traditional industries and nurturing new growth industries," adding, "the city plans on investing KRW 63.5 billion in the local advanced tools industry by 2021."
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Source: Yonhap News (Dec. 13, 2017)