KORLOY has provided advanced carbide cutting tools since its foundation in 1966. Now it is leading the cutting tool industry with constant research and development, and daring innovations.
KORLOY are proud to be the only Korean company equipped with the whole production lines for uncoated carbide/cermet/coated inserts, endmills, drills, tool holders and all the others.
KORLOY products are manufactured through the best process due to the ever-growing R&D and planning departments along with our innovative production technology while they are not only well known in Korea but exported to over 80 countries. KORLOY will take the lead in developing new products with creative thinking and superior technologies, delivering the highest quality products and services to maximize customer values. Thank you for all of your support and interest and we look forward to your continued partnership with us. All employees at KORLOY will do their best to repay such encouragement.
2019
Korloy was selected by KOTRA as a company which cultivates export-oriented medium-sized enterprises
On the '53rd Taxpayers Day' Korloy was appointed as the model taxpayer by the Ministry of Economy and Finance
Korloy opens a new subsidiary in Chile
Korloy opens a new subsidiary in Turkey
Jung-Hyun Yim inaugurated as the new CEO of Korloy
2018
Fostering export business for midsize companies, selected by KOTRA
Established Indian manufacturing corporation(KIM)
2017
Received the USD 100 Million Export Tower
2016
Won Bronze Medal of Industrial Effort (Hye-sub Yun, Chairlady)
Extablished Korloy Vietnam Inc.
2015
Established Seoul R&D institute
Established the Tool Holder plant in CheongJu factory
Won the 22nd Corporate Innovation Grand prize (Korea Chamber of Commerce & Industry Chairman prize)
2014
Established the Endmill & Drill plant in CheongJu factory.
Participated international job fair and hired internationals (2013~ /from KOTRA)
2013
Extablished Korloy Brazil Inc.
Acquired the Accident Free Record(2,000 days) Certificate(Jincheon factory)
2012
Selected as hidden Champion business operator from The Export-Import Bank of Korea
Published KORLOY Character.
Established Korloy Factory Qindao Inc.(China)
Received the USD 70 Million Export Tower.
2011
Acquired AS9100 Certificate
Selected as a World Champ manufacturer
Received the Country of Origin Proof Certificate
Established the 2nd processing plant in Jincheon factory
Extablished Korloy INDIA Inc.
Acquired the 1st grade as precision technology manufacturer
2010
Established Korloy Europe Gmbh (Germany)
Established utilization of ERP
Established Korloy Technical Center
2009
Acquired ISO14001 Certificate
2008
Selected as BEST HRD company
Received the USD 50 Million Export Tower
2007
Certified as NET(New Excellent Technology)
Extablished Korloy America Inc.
2006
Awarded the prize of Exemplary Taxpayer
Completed comstruction of the company building in Doksan-Dong
Received the USD 30 Million Export Tower
2005
Established a building for manufacturing in Jincheon factory and Moved production line
2004
Extablished a building for Welfare in Jincheon factory
Certified as an Excellent Manufaturer of Parts & Material
Acquired EM(Excellent Material) Mark on ‘FUTURE MILL’
Acquired EM(Excellent Material) Mark on ‘CVD COATED TURNING INSERT WITH TiCN FILM’
Received the USD 20 Million Export Tower
2003
Certified as a Technical Venture company
2002
Selected as INNO-BIZ(Innovation Business)
Acquired the Accident Free Record(2,050 days) Certificate
Awarded Dasan Technology Prize
Selected as a company having outstanding technology
2001
Taken out an American Patent Letter fot the AK Chip Breaker
Acquired KT mark of cenmet grade, CN200
Received the USD 10 Million Export Tower
2000
Seleted as an outstanding minor enterprise
Selected as company having best R&D center
1999
Awarded the Best R&D
Received the IR52 Award
1998
Started the C3 Campaign
Received the USD 5 Million Export Tower
Recognized for Our Labor Union
1997
Won official commendation for developing qualified domestic products
Acquired ISO9001 Certification
1996
Acquired KT(Korea new Technology certificate) of cermet grades, CN20 and CN30
Acquired EM(Excellent Material) Mark of inserts for milling, carbide drill, and cerment cutting tool
1995
Installed Electronic Payment System and MRP
1994
Established Powder Processing Line & Alloy, Press, Sintering Line in Jincheon Factory
1992
Awarded Best Fruitful Work Place Prize
Starting Increasing 10% Procuctivity Campaign
1990
Awarded Productivity Grand Prize
1989
Starting of KI21(Korloy Identity 21C) Campaign
Established a building for the gerneral affairs in Cheongju factory
1987
Established R&D institute
hanged the company name from Hangook Metallurgy Inc. to Korloy Inc. and changed the company logo
1986
Introduced computers for the first time
1985
Acquired the accident free record (600,000 hours) certificate
1983
Selected as an apromising company
1982
Awarded Saemaul Campaign Prize
1981
The late Mr. Lim, Sang Jin was appointed the CEO of KORLOY
1980
Selected as a company trying to be modernized
1979
Starting Active Use of Experience Campaign
Awarded Quality Management Prize
Nominated as one of the best 10 manufacturers with excellent management
1978
Awarded Quality Managemant Prize
1977
Established a factory for precision machining
Acquired KS(Korea industrial Standards)
Firstly attended an international exhibition in Philipine
Selected as a specrified machine factory for minor enterprises
1976
The localization of mixed powder and started production of cemented carbide insert
Nominated as a Company having the Good Welfare System(by the Presisdent)
1975
Changed the item name from HKLOY to KORLOY
Extablished a vacuous sinterling furnace
1974
Moving tje Cheongju Factory to present location
Starting of Exporting
1973
Increased its capital by double
Selected as an exemplary taxpayer(1973~1975)
1972
Established one more vacuous sintering furnace
1970
Joined venture and technical cooperation with Sumitomo Electric Industries Ltd.
1968
Moved and newly established the factory in Yangpyong in Seoul
1967
Established a factory located in Youngdeunpo-Gu, Seoul
Technical cooperation with MIZHO Industrial in Japan
1966
Foundation of Cooperation
