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YG-1 CUTTING TOOLS NEWSLETTER
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2024 January VOL.45
Internal Use Only
Internal Use Only
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Thank you for your hard work last year 2023. Your effort truly made a big difference. Looking forward to another year of collaboration and shared achievements. Let's build our success and face new challenges together this year.
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For Better Tomorrow Vol.57 has been issued under the title of 'Let’s Take a Hopeful Step forward in 2024'. Find our latest news of YG-1 and all its global networks.
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On November 6th, 2023, YG-1 Chairman Hokeun Song shared the company's founding story and YG-1's vision as a global cutting tool company in his interview with the Korean regional daily newspaper "Incheon Ilbo."
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YG-1 Vietnam Co., Ltd. recently marked its 10th anniversary with a memorable event, honoring employees and reflecting on a decade of success. The Managing Director, Byoungik Min's impactful speech stressed collective commitment for sales growth, urging all employees to unite for a common goal. Emphasizing pride in the YG-1 brand, he envisioned a future where local Vietnamese staff actively shape the company's progress.
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As YG-1 Poland Sp. z o.o. commemorates two decades of excellence, a special initiative unfolded. This year, the celebration took on a meaningful dimension with twelve employees participating in various sports supporting Antos, who bravely battles an autoimmune disease. They passionately showcased their sports prowess, turning their hobbies into a force for good. This initiative is more than a celebration; it's a collective effort to stand beside Antos in his challenging journey.
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YG-1 Kesici Takımlar Sanayi ve Ticaret Limited Şirketi (YG-1 Turkiye) posted an advertisement for LNKU and an article for X-1 EH fine-finishing solid carbide end mills in TT magazine.
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Since the automotive industry is a big market for the cutting tool industry, the competition in the market is tense. The ongoing downsizing trend in the automotive industry which began several years ago and requires high fuel efficiency and good environmental effects has made weight reduction of cars a top priority in the industry.
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The Manufacturing Indonesia event is Indonesia's most significant international manufacturing exhibition, providing a professional business platform for Indonesia's manufacturing industry. PT. YGI Tools (YG-1 Indonesia) successfully participated in Manufacturing Indonesia from December 6th to 9th, 2023.
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YG-1 Kesici Takımlar Sanayi ve Ticaret Limited Şirketi (YG-1 Turkiye) proved its industry leadership at the Bursa Bumatech 2023 Fair, a local significant event held from November 28th to December 1st, 2023, known for showcasing industry developments and technological innovations, the Bumatech fair served as a strategic platform for YG-1 Turkiye. Their participation underscored their dedication to staying abreast of industry trends and delivering top-notch service.
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YG-1 Europe conducted the December webinars for customers in the EMEA region successfully. Dr. Robert Damaschek, the product manager of indexable inserts in EMEA, led the informative webinar on December 8th, introducing the expansion of the indexable inserts portfolio. The portfolio includes the YG2025, TPKT11 & TPKT16, highlighting their main features, applications, and inclusion in the catalog.
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