08 July 2014
08 July 2014
Lectra has announced the opening of its South Korean subsidiary.
The company explains new subsidiary will be managed by Hong-Kwon Moon, reporting to Yves Delhaye, Lectra Director for ASEAN, South Korea, India and Australia.
Lectra believes the opening of the South Korean subsidiary will help accelerate its development plans in Asia.
"South Korea is one of the eight economies, together with Brazil, China, India, Indonesia, Mexico, Russia, and Turkey, which are expected to produce half of global growth during the current decade. These countries make up the key markets where we are already firmly established and where we continue to invest," said Daniel Harari, Lectra CEO.
"South Korean conglomerates, or chaebol, generally have ambitious expansion plans. Lectra can guide them and help them meet their challenges thanks to its experience from collaborating with leading fashion brands and global automotive equipment makers," says Yves Delhaye. South Korean companies will benefit from the expertise and the knowledge of Lectra’s local teams, backed by their international network of specialists.
"My first goal is to reinforce Lectra’s relationships with the tier one automotive subcontractors and main fashion groups. We believe that the fashion and apparel market in particular will have a growing influence on the South Korean economy given the evolution of sectoral dynamics that we are currently seeing," notes Hong-Kwon Moon.
Photo provided by Lectra
At the American Composites Manufacturers Association (ACMA)'s third annual Infrastructure Day on 6-7 February 2018 34 ACMA members joined together to meet with over 100 Members of Congress and their staffs to advance legislation to drive investment in innovative material solutions for transportation, water and energy infrastructure.
Shoppers visiting the newly redeveloped Halls Head Central Shopping Centre will be greeted by a 3.5 m x 2.5 m core composite spiral ribbon representing the logo of one of the centre's owners.
KraussMaffei is expanding its expertise in the field of pultrusion, the process for continuously manufacturing fibre reinforced plastic (FRP) components, with the commissioning of a second pultrusion system at its TechCentre in Munich, Germany.