LuK, the leader in driveline component technology, successfully developed a dual-mass flywheel that was new to the entire world in 1985. LuK has led the technological revolution of the drivetrain with its numerous R&D innovations. In the past year, the company has created 1.5 billion euros worth of German companies with more than 8,100 employees worldwide, and expanded its dual-mass flywheel production base from Europe to Asia through a new plant in Jeonju, South Korea. In September 2004, the total number of LuK's global production bases will increase to 17 with the completion of South Korea's assembly line. In order to complete the task earlier than expected, the current planning work is in full swing: Production equipment such as inspection, polishing and balancing have been installed at the headquarters in Biel, Germany, for the continuous connection of the first and second stages in the past few months. The riveting equipment for the flywheel will also embark on a journey to the Far East in mid-May. The assembly line has settled in Jeonju, a South Korean central city with a population of 600,000. There, about 30 employees of FAG Korea Bearing Co., Ltd. will assemble up to 400,000 sets of dual-mass flywheels each year. They are mainly supplied to South Korea and Japan. . FAG Korea Bearing Co., Ltd. is Korea's largest manufacturer of rolling bearings. The company has 250 employees and produces ball bearings and tapered roller bearings. “The establishment of this new production facility proves that we are confident that Korea is a rapidly growing market,†said Dr. Peter Gutzmer, President of the LuK Group. “Of course, setting up the assembly line at Jeonju is also to emphasize our efforts in direct cooperation with local customers, and Helping local customers provide the best possible support when developing new products. This is a real customer-facing experience for us!"
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