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News
January 11, 2019
On August 30, 2018, Okuma held an opening ceremony to commemorate the completion of its new office in Incheon City, South Korea. The company invested approximately 370 million yen in the facility, which is located in the Incheon Free Economic Zone, a hub for cutting-edge high-tech industries. The site is accessible in about 20 minutes by car from Incheon International Airport.
South Korea is the sixth-largest machine tool market in the world, and future growth is anticipated, particularly in semiconductor and automotive applications. Demand is expected to rise for high-value-added machine tools such as double column machining centers, simultaneous 5-axis machining centers, and multi-tasking machines.
With the opening of the new office, Okuma aims to enhance its sales activities, technical support, and after-sales service in South Korea. The company has set a goal of increasing domestic orders in South Korea to 4 billion yen annually.
The Incheon office includes a showroom, repair shop, and seminar rooms, enabling customer services such as test cutting and operation guidance. The facility has a floor area of approximately 1,800 m² and displays four machine tools, including a 5-axis machining center and a double column machining center.
Okuma also intends to use the new base to expand its business throughout the broader Northeast Asia region.
Source: SEISANZAI MARKETING Magazine October issue
July 11, 2018
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