COMPANY
Hyundai IFC has increased its productivity and efficiency by establishing an integrated production system for forged steel and forged steel products.
The forging plant plans to significantly increase productivity and efficiency by establishing an integrated production system for forged steel and forged products. In addition, in the mid- to long-term, we will lay the foundation for growth to develop and produce premium high value-added forged products, and maximize the process and logistics efficiency of the integrated forging production system to premier products for automobiles, power generation, and aviation as well as existing forged products for shipbuilding. to further enhance the competitiveness of the domestic forging industry.
Production Area: 283,259㎡
About us
A member of Hyundai Motor Group
- Company Name: Hyundai IFC Co., Ltd.
- CEO: Geonbong Lee
- Established: April 1, 2020
- Business Area: Steel Forging and castings products
- Sales Volume: $ 400 Million /year (IFRS Individual report in December 2022)
- Workers: 510 employees (as of January 2024)
- Contact Number: +82 61 760 7111
- Address: 46, Yulchonsandan 5-ro, Haeryong-myeon, Suncheon-si, Jeollanam-do, Korea
The more you strike steel, the harder it gets
Even in difficult situations, we will not lose our focus and will continue to build on our path to become the No.1 company in the global forging industry.
Automobile
From car to life partner
STEEL
Leading the new era of steel
CONSTRUCTION
Build tomorrow
RESEARCH
More value to the world
ENVIRONMENT
We care how we do
become a global no.1 forging company
Welcome to Hyundai IFC!
Hyundai IFC is an integrated forging company from raw material production to forging and processing, producing core parts for Korea’s steel, shipbuilding, automobile, and heavy chemical industries. It was launched as a member of the Hyundai Motor Group on April 1, 2020, with state-of-the-art facilities and technology.
We are creating an infinite future with creativity, challenge, and passion to become the global No.1 forging company that leads the world forging industry. In order to continuously grow with competitiveness in the ever-changing management environment of the steel industry and increasing customer demands, Hyundai IFC does not lose its original intention even in difficult situations, as the saying goes, “iron forged steel” becomes harder the more you strike it, solidifying internal stability at home and abroad.
As the No. 1 company in the forging industry, we will strive and move forward to create a first-class forging company capable of sustainable growth. And our company takes the lead in safety management that puts safety as the top priority in corporate management, and leads low-carbon green growth based on ISO 14001.
By reflecting new environmental issues such as environment-first policies, fine dust, and the new climate system to realize global standards for environmental management in the establishment of environmental management strategies, We will practice eco-friendly management through various environmental management activities such as minimizing environmental pollution and recycling resources.
In addition, we will gather the passion and wisdom of all executives and employees to maximize the value of all customers.
Hyundai IFC is creating an infinite future with creativity, challenge and passion to become a global No.1 forging company that leads the world forging business.
CEO GeonBong Lee
History
Korea Heavy Industry Corporation founded
Incorporated Into Hyundai Group
Became a member of Hyundai Motor Company
Renamed as Hyundai Steel Company
Acquisition of SPP Yulchon Energy, a forging company
Launched Hyundai Steel Suncheon Forging Plant
Operation of integrated forging system
Started operation of 10,000 ton close die forging press
Started operation of 10,000 ton open die forging press
Installation of ESR, Special Re-Melting Facility for superior steel production
Introducing Hyundia IFC, Integrated Forging Company
Corporate Identity
We produces premium materials beyond iron.
Hyundai IFC is a specialized metal forging company that produces premium materials beyond iron.
The company’s CI is an image in which the strokes of I and F come together and four strokes are connected, expressing the characteristics of a comprehensive material company and the central image of the future material industry.
The font is bold and italic, delivering a dynamic image leading the future industry with unwavering technology. The blue color gradation expresses the vision of a company leading a better tomorrow with smartness that goes beyond thinking.