A Korean automatic lathe manufacturer, Smart Machine Tools Korea was selected and awarded as the ’3 Milion USD Export Tower’ at the '60th Trade Day' event held in Gimhae City. Gimhae City awarded the Export Tower and awards as export contributors to 29 export companies and 7 executives and employees within its jurisdiction.
'Trade Day', hosted every year by the Korea International Trade Association (KITA) and the Ministry of Trade, Industry and Energy of Korea (MOTIE), is known as an event that selects and awards companies and employees who have contributed to developing overseas markets and revitalizing exports. Smart Machine Tools Korea, a Korean automatic lathe manufacturer, received high evaluation from Gimhae City for its diverse product lineup such as CNC lathes, 2-axis lathes, 3-axis lathes, and multi-axis lathes, and was selected as a top exporter.
Hong Tae-Yong, Mayor of Gimhae, Korea, said at the award ceremony, "I would like to congratulate Smart Machine Tools Korea and its executives and employees for receiving an honorable award on the 60th Trade Day. This award is even more precious as an outstanding achievement achieved under difficult external conditions. “He said.
According to the Korea International Trade Association's export and import statistics, Gimhae City's exports increased by 1.6% to .55 billion compared to the same period in October last year, and imports decreased by 7% to tpf=news/view&code=657.766 billion. As a result, Gimhae City is recording a trade surplus of 4 million.
Smart Machine Tools Korea, a Korean automatic lathe manufacturer, made headlines last April when it was selected as a global small giant. Through this award, Smart Machine Tools Korea further enhances its position in the domestic and international markets and will continue to work towards a better future by strengthening cooperation with various industrial partners at home and abroad as a company at the center of global trade with leading technology and innovation.
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