We are committed to doing our best for our members’
interests and the development of the Korean tools industry.
Introduction
Driving Innovation, Collaboration, and Global Competitiveness in Korea’s Tool Industry
The Korea Tools Industry Cooperative (KOTIC) is the premier organization representing Korea’s tool manufacturing companies. Since its establishment in 1988, KOTIC has led efforts to strengthen technological capabilities, enhance industry competitiveness, and promote collaborative development across the national tool sector. Through policy engagement, market development, joint initiatives, and global outreach, KOTIC supports member companies in responding to rapid industrial changes and expanding their global presence.
About KOTIC
KOTIC operates under the Korea Federation of SMEs as the official cooperative for tool manufacturers nationwide. It serves as a central hub for industry information, policy communication, technological advancement, and collective business development. Leveraging decades of experience and a strong industry network, KOTIC promotes sustainable growth and ensures Korea’s tool industry remains competitive at both domestic and global levels.
Mission & Vision
- Support the sustainable growth and economic independence of tool manufacturers
- Enhance member welfare, operational stability, and industrial efficiency
- Promote innovation, advanced manufacturing, and quality improvement
- Uphold ethical business practices and fair trade
- Strengthen global competitiveness through international partnerships
Core Functions & Roles
(1) Industry Support & Development
- Industry trend analysis, market forecasting, and global technology research
- Policy proposals and cooperation with government agencies
- Strategic guidance on automation, innovation, and digital transformation
(2) Member Services & Business Assistance
- Consultation on manufacturing, certification, exports, and quality systems
- Joint marketing, branding initiatives, and B2B networking
- Workforce development, training, and recruitment support
(3) Technology & Quality Advancement
- Technology seminars and expert workshops
- Smart factory adoption and precision manufacturing support
- Standardization, quality assurance, and regulatory compliance
(4) Joint Projects & Cooperative Programs
- Joint purchasing initiatives to reduce material and equipment costs
- Shared logistics, market research, and collaborative R&D
Global & Domestic Activities
(1) International Exhibitions & Trade Promotion
KOTIC organizes or participates in major global exhibitions including :
- TOOL TECH & Smart Welding Automation Fair (Korea)
- Leading tool expos across Europe, Asia, and North America
These events help members introduce new technologies, secure buyers, and expand export markets.
(2) Industry Networking & Conferences
- Annual general meetings
- Technical seminars and expert forums
- Regional networking events connecting manufacturers, distributors, and researchers
Membership Structure
KOTIC’s members include manufacturers specializing in :
- Cutting tools
- Diamond tools
- Machine tools
- Precision hand tools
- Electric, power & pneumatic tools
- Measuring tools
- Industrial tools, components, and tooling systems
Members benefit from networking, shared information, and large-scale cooperative projects that are challenging to pursue individually.
Why KOTIC Matters
The tool industry is a core foundation of major sectors including automotive, aerospace, shipbuilding, construction, energy, and machinery. KOTIC ensures the industry continues contributing to national competitiveness through high-quality production, technological advancement, and global readiness.
Contact
- Address : 46 Sinsu-ro, Mapo-gu, Seoul, Republic of Korea
- Phone : +82-2-711-0989
- Fax : +82-2-3272-5059
- Website : www.tool.or.kr
- E-mail : 7110989@naver.com