Turbo Power's Dogged Hard Work Pays Off

Company exports core parts of nuclear power generation turbines to overseas power plants including the U.S. and Japan

Turbo Power Tech Co. was launched in 1979 as a metal casting manufacturer, refining its professional skills as a maker of parts and materials. In 1984, the company imported a core alloy technology from an advanced country and developed a segregated alloy ring manufacturing technology. The company has been producing its main products with a special manufacturing method.
From 1986 to 1993, the company won recognition through its sustained efforts as the only maker with the technology to produce and supply sealed power generators, which require advanced technologies and a high level of quality.
The company has been accumulating and refining its technologies and won the New Technology (NT) Recognition from the government for its alloy core casting method.
During 1996-2000, as part of a strategy to beat the foreign exchange crisis, Turbo Power succeeded in securing an overseas market for its advanced turbine power generator parts to such world-leading companies as Toshiba, Hitachi and GE, solidifying its business foundation. The company developed six items of technologies for export.
In order to be a global firm, the company began exporting its turbo power generator parts to the European turbine market including Suzer in February 2006.
The company also tried hard to crack the nuclear power generation equipment market, which is known for its strict quality and technology control, and won recognition for its maintenance and repair technology service beginning with the Wolsung Nuclear Power Plant, built and operated by Korea Electric Power Corp. They then began to supply core parts for nuclear power turbines at other nuclear power plants operated by KEPCO.
The company opened the way to supply core nuclear power generation turbine parts to nuclear power plants overseas including the United States and Japan, with the company finally developing the design and technologies for high temperature stainless steel casting on its own. The company's ceaseless efforts to continue to develop its own technology to improve its products and provide quality services to its customers at last won recognition from Toshiba, which put Turbo Power on its list of the 10 best suppliers in April 2004 and presented the company with an award to go with the listing.
Turbo Power acquired ISO 9001 certification in June 2004, believing that technology is the top priority in keeping its competitive power up, then went on to acquire ISO 14001 certification for environmental quality systems and KEPIC 9001 for nuclear quality systems, which have helped the company to manage the systems very well so far, upgrading its customer service. In 2005, the company got its technologies for the production of core parts of nuclear power generation turbines by the Ministry of Industry, Energy and Resources and has been able to solidify its position as a professional maker of such products.
The company has maintained its operations and won the $5 million Export Tower from the government for exporting the core parts of nuclear power generation turbines in 2005.
Turbo Power specializes in the power generation industrial sector in the areas of development of technology, production and marketing, and in June 2005 it won the World Best Product Certificate in the area of power generation turbines and became a next generation firm that can produce the seal, the core part of power generation turbines. The company kept on working to improve the seal to cope with customer demand to improve the quality of power generation turbines, and in 2003, 2004 and 2006, the company won NEP certificates in various areas, which are given to new products produced using new technologies. In 2006, the company won the INNO-BIZ award from the government in recognition of its products' quality, firmly establishing its status as a "venture enterprise" that exports its products to advanced countries with the excellence of its technologies unshakably confirmed. nw

Chairman Chung Hyung-ho of Turbo Power Tech Co. receives the Industrial Service Merit Silver Tower Medal at the 36th Commerce Day ceremony March 18 at Coex in southern Seoul.

Shown here are parts being produced by Turbo Power Tech in use for the construction of nuclear power units.