Investing in Japan
South Korean dispenser manufacturer Banseok Precision establishes representative office in Hyogo
Feb 22, 2017
Banseok Precision Co., Ltd is a South Korean manufacturer of liquid fixed-quantity dispensers. These are devices which dispense liquid of fixed amounts with high precision in the fields of electronics, medicine, cosmetics, hygienic machines and more. Since the foundation in 1996, the company has been manufacturing automated devices for dispensing, utilizing its own unique technology and knowhow. It has been expanding globally including in China as well as in Japan, where it extended its sales network through Japanese agents.
Duralar Coating is Duralar’s self-developed coating device that utilizes distinguished surface coating technologies to produce high-quality hardness, low friction and high luster on the outer and inner surfaces of metals. The company is distributing this device as well as providing coating services with it. It wants to bring this technology that is highly evaluated in the US to Japan and promote its use for various sectors such as auto parts and semiconductors. Duralar’s entry into Japan is expected to boost its business with Japanese companies.
For the establishment of its subsidiary, the JETRO Invest Japan Business Support Center (IBSC) lent temporary office space in Kanagawa. Other services included consultation (registration, visa and tax matters and labor affairs), provision of information related to real estate, human resources and logistics and referral to local government and business organizations.