KG Cranes aims to dominate the market of cranes under 30 ton which takes more than 80% of market with container-transportable LSC(Container Low-Space Crane).
KG Cranes’s CLSC is developed by LSC(Low-Space Crane) which is another main product of the company. it is 30~40% smaller and 20~30% lighter than competitive products. Also minimum 20~30% cheaper due to saving cost by simplifying transportation process by container transportation.
KG Cranes is the leading company in Korea. they established in 1985 and produce cranes and hoists. their main products are supplied to POSCO, Hyundai Heavy Industries, Doosan Infra Core, and overseas factory of Hyundai KIA motors which are the leading companies of Korea.
KG Cranes has domestic factories in Incheon, Kimpo, and Mokpo, and has overseas factory in Vietnam. Vietnam factory manufactures and exports cranes and hoists. the main products is achieved NEP(New Excellent Product), CCC, CSA, GOST, and CE certifications. Also obtains patents in ten countries including USA, Japan, and European countries.
“The CLSC, which is successfully deployed on a commercial scale, is the world first folderable crane to be transported by container by manufacturing crane girders in separate part”, “We complete test of CLSC 20 ton and span 20 meter products. We are also developing assembling line and automation program to achieve manufacturing 200 products in a year”, an officer of KG cranes said.
Main specifications of CLSC: size under 1950mm, weight under 12.5ton, capacity 20ton, crane span 20 meter, lift 8 meter, hoist speed 4.2 m/m, rampancy speed 16m/m, moving speed 24m/m
KG Cranes exported $20 million which takes a quarter of sales of the year. They plan to achieve $30 million export and take 35% of oversea sales by CLSC with in 5 year. They plan to establish factories overseas not only Vietnam and expand 40 overseas sales network.
CLSC is considered to solve disadvantages of crane industry
1. Manufacturing cost increases by relaying on skilled worker’s handwork
2. Increase manufacturing period and cost by double works for transporting such as disassemble, assemble, and packaging
3. The entry barrier of exporting due to long lead time of shipping
4. Extinction of residual value after change of use
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KG Cranes
