Interview with EWOOTEC, a Korean power equipment manufacturer EWOOTEC discussing the future through an interview with Jae Tae Kim, managing director of Naju plant
Sep 07, 2020, 01:08
EWOOTEC built a factory in the Naju Innovation Industrial Complex, the middle of the Energy Valley, and is manufacturing its products. Among 155 companies that have signed Energy Valley Investment agreements, EWOOTEC is a leader. In the spacious and well-established Naju Innovation Industrial Complex, the Naju factory of EWOOTEC has a gray building with a thick orange band, giving a fresh feeling. There was an interview with Jae Tae Kim, managing director.
- What kind of company is EWOOTEC?
“EWOOTEC specializes in producing of high-efficiency transformers and corrugated pipes. The head office is in Yongin, Gyeonggi-do, and it has a Naju plant, Bundang & Yeongnam branches. As a leading transformer manufacturer in Korea that has numerous development patents including an underground facility location management system, we are confident that we will become the best transformer production manufacturer."
- It is the first investment-driven company in the Naju Innovation Industrial Complex in Energy Valley. When was the Naju factory built?
"The CEO of EWOOTEC, Pyeong Kim, signed an Energy Valley investment agreement with KEPCO. We have built the factory, and been manufacturing products."
- Tell us the size of the factory.
“The total number of employees is 30. The annual sales are about 10 billion to 11 billion won. The Cheonan plant was relocated to this place. There are three factories, two are in operation, and one is being used as a warehouse."
- There must have been many difficulties while operating the plant in the Energy Valley.
“First of all, the dormitory life of the staff is difficult. To buy things, we have to go to downtown in Naju, which is about 2km away, due to the lack of convenient facilities. It would be nice if Naju or Jeollanam-do would take care of it. It is difficult to operate the company due to high logistics costs. Raw materials cannot be obtained from Gwangju, Jeonnam. We must go to the metropolitan area to buy things. Even if a product has a defect, we must go to the metropolitan area. We heard that one local government is providing 50 million won per year in logistics expenses to local companies.”
- Does product orders take place in Gwangju and Jeonnam?
“Gwangju Jeonnam has not yet ordered. We are relying on KEPCO for all of orders. KEPCO is giving many benefits to the companies that have moved here. We are grateful that we can have great hope in the future. But the transformer business is not profitable. There is not much left. We use mineral oil and flame retardant fuel for transformers, and the cost of flame retardant, and vegetable fuel is too high."
- What would you like to suggest to KEPCO, Gwangju City, Jeollanam-do, and Naju?
"Jeonnam is still like an agricultural society. There is not enough infrastructure to do business. Above all, it is difficult to find workers. It is the same in Gwangju. Please help us to find the necessary manpower."
For more information on EWOOTEC, visit http://www.ewootec.com/.
Contact : Tel. +82-31-339-2120 / Email : firstname.lastname@example.org
Related Link : http://www.ewootec.com/
Written by Hanmir PRNews
► This is a news release distributed by Hanmir PR news on behalf of EWOOTEC.
► News provided by EWOOTEC
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