YG-1 Deutschland GmbH

About YG-1

YG-1 Deutschland GmbH is the German subsidiary of YG-1 CO LTD, a tool manufacturer founded in 1981 by Ho-Keun Song in Incheon (South Korea) and one of the world's largest manufacturers of precision tools for machining of metal and plastics. The product portfolio comprises milling tools, drills, taps and turning tools, which are sold under the company's own brand and partly supplied as OEM products; the group exports to over 75 countries and maintains 26 branches worldwide. YG-1 Deutschland GmbH was founded in 2001 and, headquartered in Eschborn, operates as a sales organization for precision tools for the machining industry. Its corporate purpose is research, development, production, import and export, sales and after service of cutting tools as well as technology transfer from Germany to Korea. In 2017, YG-1 acquired commercial sites in the Oberkochen Süd II industrial area with an investment of around €60 million; there, the YG-1 Technology Center GmbH with a focus on R&D, production and sales was founded in 2018. Target industries include tool and mold making, the automotive industry, the aerospace industry and the energy industry. YG-1 Deutschland GmbH will cease its business operations as of November 30, 2026.

Site

Eschborn

Processes

Manufacture of precision tools for machining (milling tools, drills,, Sales of cutting tools and accessories, Research and Development, Production/Manufacturing, Import and Export, After Service, Technology Transfer Germany-Korea, OEM Manufacturing

Materials

Precision tools for machining

Founded

1981 (YG-1

Employees

13 (YG-1 Deutschland

Industries

Tool and mold making, Automotive industry, Aerospace industry, Energy industry

1. 01

   Research and Development

2. 02

   Production/Manufacturing

3. 03

   Import and Export

4. 04

   Sales of Cutting Tools and Accessories

5. 05

   After Service

6. 06

   Technology Transfer Germany-Korea

7. 07

   OEM Manufacturing

Products and Manufacturing Focus

Locations

Inside the production

Processes & technical limits

History

1. 1981

   Founding of YG-1 CO LTD by Ho-Keun Song; head office in Incheon, South Korea

2. 2001

   Founding of YG-1 Deutschland GmbH as a 100% subsidiary in Eschborn

3. 2007

   Founding of YG-1 Vertriebsgesellschaft Deutschland GmbH in Ostfildern

4. 2009

   Relocation of the sales company to Eschborn

5. 2010

   Merger of YG-1 Vertriebsgesellschaft Deutschland GmbH into YG-1 Deutschland GmbH

6. 2017

   Purchase of extensive commercial sites in the Oberkochen Süd II industrial area (investment approx. €60 million, up to 1,000 planned jobs)

7. 2018

   Founding of YG-1 Technology Center GmbH on January 10, 2018 (HRB 736255, AG Ulm, share capital €1 million)

8. 2019

   Groundbreaking ceremony for the first construction phase in Oberkochen on May 2, 2019

9. 2026

   YG-1 Deutschland GmbH ceases business operations as of November 30, 2026