Jungjingong Leads Root Industry Companies from Discovery to Globalization

Chairman Kang Seok-jin Visits Miju Precision Site in Hwaseong on the 1st

The Small and Medium Business Corporation announced that Chairman Kang Seok-jin visited Miju Precision, a plastic injection mold specialist company located in Hwaseong, Gyeonggi Province, on the 1st to inspect the production site and listen to the difficulties faced.

Established in 1990, Miju Precision is a root industry company leading the precision mold field for 34 years. In particular, it has technological capabilities and an advanced production system based on a total of 24 patents, including the 'Compression Diffusion Injection Molding Mold and Thin Product Molding Method Using It.'

Small and Medium Business Corporation

Additionally, Miju Precision established a local corporation in Bengaluru, India in 2011 and set up a mold manufacturing plant in Hosur, Tamil Nadu, India in 2018, laying a foothold for entering the Indian market. Especially this year, it moved into the Small and Medium Business Corporation New Delhi Global Business Center (GBC) to target the Indian market through localization.

Lee Jung-jae, CEO of Miju Precision, said, "We have grown based on the support of the Small and Medium Business Corporation from the initial factory purchase to overseas market entry," and added, "It is a time when active support from related organizations is needed to overcome the crisis of companies engaged in root industries such as molds."

In response, Chairman Kang said, "The Small and Medium Business Corporation faithfully plays the role of a growth ladder for small and medium ventures from startup to growth and globalization," and added, "We will diversify and accelerate support projects for root industry companies, including policy funds, entry into new global markets, and strengthening technology and competitiveness."