Korean dry bearing manufacturer, SGO, donates for the future SGO donating 10 million won to promote the construction of the Association Hall of the Korea Bearing Sales Association
Dec 03, 2020, 03:03
SGO, a Korean dry bearing manufacturer located in Incheon, held a ceremony to donate 10 million won to the Korea Bearing Sales Association as part of supporting the establishment of the Association Hall and the purchase of land for new construction at the headquarters.
This day, President Kim Jong Gu of KBSA and CEO Tae Soo Choi of SGO attended the event, and delivered 10 million won for the establishment of the Association Hall, hoping that the Association Hall will be used as an opportunity to preserve the Korean bearing history and promote the development of the bearing market and companies.
Meanwhile, since its establishment in 2000, SGO has accumulated competitiveness through business diversification such as continuous technology investment, R&D, and sales business diversification for over 20 years, and has occupied the domestic market of oilless bearings. SGO has achieved remarkable achievements, such as raising the overseas sales to 45%.
Its main products include oilless bearings, and Develon bearing, which is sintered double-layer bearings. In particular, Develon bearing is a compound word of 'Develop + on', meaning that it is a more improved product through continuous research and development, and it was developed to differentiate it from existing oilless bearings.
The active investment in production equipment is also noteworthy. In 2008, SGO installed a 2,750 ton extruder, and built a one-stop process from raw material purchase to casting, material extrusion and bearing processing.
CEO Tae Soo Choi of SGO said, “This ceremony is part of the establishment of the Association Hall, a long-awaited project of the KBSA, and We willingly participated in the donation for the various advantages of preserving the history and development of the bearing market. We hope that not only SGO but also many companies will support the establishment of the Association Hall, and we hope that the various use of the Association Hall will contribute to the development of the bearing market.”
For more information on SGO, visit http://www.sgoilless.co.kr/.
Contact : Tel. +82-32-813-3401 / Email : email@example.com
Related Link : http://www.sgoilless.co.kr/
Written by Hanmir PRNews
► This is a news release distributed by Hanmir PR news on behalf of SGO.
► News provided by SGO
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