Industrial-R&D (R&D) Community in Land, Infrastructure and Transport
◇ Officials from Wonkang Co., Ltd. and the Korea Institute of Construction Technology (KICT) are taking commemorative photos.
Wonkang Co., Ltd. (CEO Kang Tae-young), a manufacturer specializing in construction equipment parts, has been designated as a family company of the Korea Institute of Construction Technology (KICT).
The KICT family company is an industry-research and development (R&D) community in the field of land transportation. The purpose is to maximize synergy by interacting with KICT and mid-sized and small- and medium-sized companies.
Wonkang Co., Ltd., designated as a KICT family company, was also selected as a demand company for the development of pickutter localization technology used in roadhead, a tunnel excavation equipment capable of excavating rocks with a maximum compressive strength of 100 Mpa.
KITC (Korea Institute of Construction Technology) has the best technology in Korea in the field of mechanical excavation, especially with experience in developing large mechanical excavation infrastructure such as loadhead cutting head design source technology, pick cutter shape database, and LCM (Liner Cutting Machine).
Wonkang Co., Ltd. is expected to develop better-performing pick cutter products through the technology of the world-recognized Korea Construction Technology Institute, which can expect sales growth and job creation accordingly.
Wonkang is a global company that specializes in developing and producing equipment and parts for working underground continuous walls. The company has been in the industry since 1973, and has completed performance verification at more than 450 underground continuous wall foundation sites worldwide.
Wonkang's products are 100% compatible with global trench cutter equipment such as Bauer, and are targeting markets in 15 countries, including Singapore, Hong Kong, and the Middle East, to enter the global market. Wonkang has participated in two exhibitions, the 2022 BAUMA in Germany and the 2023 CONEXPO in Las Vegas, USA, to strengthen its position in the global market and is striving to expand its market.
Wonkang's product brands include Roadbit and KTNG. Cutter teeth, Cutting Wheel, Mudpump, etc. are compatible with Bauer's BC30, BC32, BC35, and BC40 equipment in Germany.
Wonkang obtained ISO9001 and CE certification for stable quality control. It has grown with its sister companies, Wonkang Chogyeong and Eugene Construction Machinery, which have been developing underground continuous wall equipment for more than 34 years. Wonkang aims to support customers in the field and provide high-efficiency solutions.
In the future, it plans to enter more markets by securing new overseas markets and various marketing strategies using overseas exhibitions, media, and networks. It plans to participate in the 2024 Intermat exhibition in Paris, and through strategic marketing activities, Wonkang aims to accelerate its entry into the global market by pioneering new overseas markets and raising brand awareness.