Formetal

Formetal makes precision forged metal components, parts shaped under high pressure into exact forms, used in industrial machinery, automobiles, robots, wind turbines, defense equipment, and agricultural machinery.

It supplies these components to large and mid-sized manufacturers both in Korea and abroad, offering a catalogue of several hundred distinct part types across those end markets. Listed on KOSDAQ, Korea's tech and small-cap exchange, the company produces multiple forging types, including open-die, closed-die, composite, hollow, and ring-gear forgings.