Somta Tools has announced that the company has been appointed as an agent for South Korean company Korloy, a manufacturer of indexable cutting tools, tooling systems and clamping devices. The agreement was effective the beginning of November 2022 and it allows Somta Tools to market Korloy’s extensive range of products throughout the region.
“This is a particularly significant development for Somta Tools as this agreement will allow Somta Tools to be able to offer a complete programme of tooling solutions to the South African and African markets. It will also allow us to be privy to the latest developments in the indexable cutting tool environment and have access to the most sophisticated cutting tool manufacturing technologies available today,” said Allan Conolly, MD of Somta Tools.
Somta Tools has announced that the company has been appointed as an agent for South Korean company Korloy, a manufacturer of indexable cutting tools, tooling systems and clamping devices
“We will now be able to offer a basket of the most advanced tooling that includes round cutting tools from Somta Tools and our parent company OSG, as well as carbide and cermet indexable cutting tools that cover all the processes in metal removal and shaping, all from one source.”
“The extensive range includes coated and uncoated carbide and cermet inserts, CBN inserts, diamond coated inserts and tool holders for all turning, parting, grooving, milling, threading and drilling applications. The Korloy programme also offers a number of specialist solutions for automotive, aluminium, mould and die, power supply, pipe machining and aerospace”
“In addition to OSG’s investment in Somta to boost and strengthen local manufacture, this is a very exciting development not only for Somta Tools, but also for South Africa and all users of cutting tools on the African continent. Korloy products have been marketed in South Africa for many years and are very familiar in the engineering fraternity. We hope that our customers will soon get to personally experience the value of this agreement,” said Conolly.
“We will now be able to offer a basket of the most advanced tooling that includes round cutting tools from Somta Tools and our parent company OSG, as well as carbide and cermet indexable cutting tools that cover all the processes in metal removal and shaping, all from one source.”
Korloy manufactures and sells cutting tools that are used in the automotive, machinery, railways, shipbuilding, mould and die, electronics, medical, aerospace and general engineering industries worldwide
Korloy manufactures and sells cutting tools that are used in the automotive, machinery, railways, shipbuilding, mould and die, electronics, medical, aerospace and general engineering industries worldwide. The company offers turning products, including carbide shank boring bars, double clamp holders, VM, VP, and VF breakers; milling products consisting of rich mill, laser mill and alpha mill series products, as well as HRM tools; drilling products and grade and chip-breakers. The company’s products also include the Korloy grooving tool series, variable and feed-up endmill products, ISO milling inserts, coating products, such as NC3220, NC6205, and NC6210, King Drill and TPDB, a clamping system.
Korloy was established in 1966 and is headquartered in Seoul, South Korea. Originally known as Korea Alloy Industry, the company changed its name to Korloy in July 1987.
The company has two manufacturing facilities in South Korea – one in Cheongju, where it also has a R&D facility, and the other in Jincheon. Korloy are proud to be the only Korean company equipped with the whole production lines for uncoated carbide/cermet/coated inserts, endmills, drills and tool holders.
In 2010 Korloy established a subsidiary in Europe and then in 2011 established a manufacturing facility in India and the following year a manufacturing facility in Qingdao, China. Korloy is now a global company exporting cutting tools to more than 90 countries. The company now have subsidiaries located in the US, Germany, India, Brazil, Turkey, Vietnam and Chile.
Korloy offers turning products, including carbide shank boring bars, double clamp holders, VM, VP, and VF breakers, milling products consisting of rich mill, laser mill and alpha mill series products, as well as HRM tools; drilling products and grade and chip-breakers
“Being able to offer a complete solution to our customers – combining Somta, OSG and Korloy – is a strategy we have been working on for some time now. The benefits for the customer and the industry are huge.”
“Korloy are one of the top indexable insert producers in the world, producing six million inserts per month, are a well-known brand in South Africa with a competitively priced product and have a high-quality, broad programme to provide solutions for many industries,” said Warrick Lowther, National Sales Manager of Somta Tools.
“Initially we plan to focus and stock product for turning, grooving and parting, however, the entire programme from Korloy is available immediately on order. Going forward we will carry the entire range.”
“We believe there is great synergy between the two companies. We at Somta Tools are continuously looking at ways of servicing our customers better, driven by our vision to become the undisputed leader of machining solutions in Africa. Korloy have a great product which allows Somta Tools to become part of the indexable market. The partnership will allow Somta Tools to offer a complete cutting tool solution to its customers – round and indexable tooling,” explained Lowther.
“We will use the current systems and infrastructure of Somta Tools to distribute the product throughout the region. All sales representatives will be trained in product knowledge. However, the vison is to deploy product specialists into the market in due course,” said Lowther.
“Being able to offer a complete solution to our customers – combining Somta, OSG and Korloy – is a strategy we have been working on for some time now. The benefits for the customer and the industry are huge,” concluded Conolly.
For further details contact Somta Tools on TEL: 011 390 8700 or visit www.somta.co.za or www.osg.com or www.korloy.com