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Mold Companies in Daegu Enter Foreign Markets

According to Yonhap News,

(DAEGU=Yonhap News) Daegu City announced February 23 that it has established a Daegu-Gyeongbuk mold consortium with the Daegu Mechatronics and Materials Institute (DMI) and ten mold companies.

It is to prevent excessive competition between mold companies and expand export.

The DMI will guarantee the mold quality and proactively support the high value added of molds through test evaluations, design, interpretation and research and development.

The mold consortium will strive to enter the Chinese market by participating in automobile and mold related exhibitions including the Auto Shanghai in the coming April.

The city will turn the mold consortium into a corporation to vitalize the mold industry including creating new projects.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (February 23, 2015)

** This article was translated from the Korean.