Production of small and medium sized die tooling at JV LLC UZSUNGWOO

Name of the project

Production of small and medium sized die tooling at JV LLC UZSUNGWOO

Main goals of project

Localization of the production of die tooling for cars manufactured in Uzbekistan

Sphere /industry

Heavy industry, mechanical engineering

Implementation of schedule project

July 2019 – December 2020

Location of the project

Free territories of JV “UZSUNGWOO” LLC

Information about participants of the project:

– initiator

JV LLC UZSUNGWOO

– co-executor (the lead sectorial of Ministry/authority/Department)

Sungwoo Hitech Co., Ltd;  JSC Uzavtosanoat

– creditor

1,5 million USD

Total costs of project

3.0 million USD

Prospective source of financing:                   1,5 million USD 

– own funds

–

– credits

– the required volume of direct foreign investments

Composition of main costs

Buildings and facilities – 1.8 million USD

Machinery and equipment – 1.2 million US dollars.

Predictable of profitability

15,6 %

Predictable of payback period

2,6 year

Cash flows

Characteristics of the planned production

small and medium sized die tooling

Capacity of project/productivity

300 units per year

Contribution to the project by the initiator

1,5 million USD 

Current status of project

Preparation of the project for implementation

Full name of the enterprises

JV LLC UZSUNGWOO

Requisites, email, contacts

Fergana city, St.  Airport, house 68.

Date foundation of enterprises

April 2011

Statutory fund and

14 000 thousand dollars

Structure of founders and distribution of shares

50% – Uzavtosanoat JSC, Uzbekistan;

40% – SungwooHitech, South Korea;

10% – I-Zone, South Korea.

Number and types of jobs created

23 new job places will be created

Environmental impact statement (project EIS), which includes expected types and volumes of wastes, places of their utilization

The impact on the environment is minimal and the production waste is scrapped.

Information about the land plot for the construction of the enterprise

72 * 24 = 1728 m2 allocated on the territory of the enterprise

Existing infrastructure

Electrical substation, compressor, water supply, sewerage.

The required infrastructure

Additional electrical substation

Upcoming construction and installation works

Shop room with adjoining rooms

Design and estimate documentation

According to the schedule, the development of design and estimate documentation is scheduled for October-December 2019.

Power requirement (kWh), installed capacity (kWh or megawatt hour)

Approximate installed power: 496 kW.  Will be updated during the selection of equipment

Demand for water (cub/m)

Not required

Gas demand (cu/m)

Not required

Type of product

Small and medium sized die tooling

Annual production (ton. year)

300 units per year

Prospective markets sales and their shares:

Inner

100 %

Export

0 %

Costs of products

A stamp for a press with a force of 110 t – 28,558,336 soums,

a stamp for a press with a force of 150 tons – 42,010,245 soums,

a stamp for a press with a force of 200 tons – 123,954,955 soums,

a stamp for a press with a force of 250 tons. – 431 955 260 soums

Demand for raw materials (per year)

The need for raw materials and materials in monetary terms –  10 636 953 000 soums per year.

Market volume

Is being defined

Expected market share

Is being defined

Main competitors

JV UzHanwoo Engineering LLC

Main competitive advantage

The foreign co-founder of JV LLC UZSUNGWOO – South Korean company SUNGWOOHITECH has many years of experience and is one of the leaders in the field of tooling production.

Main target groups of consumers

GM Uzbekistan

The structure of sales according to target groups of consumers

Is being defined

Pricing strategy

Is being defined

Cost structure of the final product

Is being defined

Availability of patents, licenses, certificates in accordance with the current legislation

Does not have

The presence of a formed database of potential customers with a confirmed willingness to purchase products

Is being defined

Presence of marketing research

Is being defined

Presentation component of the project

Is being defined

Additional information

Currently, negotiations are underway with the OSIRIUS GROUP company – one of the leaders in the field of engineering and technical support.  In the case of a contract, our company receives full technical support from the OSIRIUS GROUP.

Project risk

Is being defined

Type of equipment

Metalworking machines, including CNC

Country of origin

South Korea, Japan, Germany.

Performance

300 units  snap-in per year

Cost

The total cost of equipment is 1.8 million dollars

Energy consumption

Different

Installed capacity

Total installed power: 496 kW

Overall dimensions of the equipment

Wire EDM Machine 2.8 x 4.1 m

Electro erosion drilling machine 1.9 x 1.7 m.

CNC milling center 7 mx 7 m.

Radial drilling machine 2.5 x 1.07 m.

Milling machine 5.7 x 4.7 m.

Circular grinding machine 2.8 x 1.8 m

Welding machine 1 x 1 m.

Argon welding 1 x 1 m.

Granite slab (table) 1×1,5 m

Hardening furnace 2.1 x 1.5 m.

Hardening furnace 0.62 x 0.52 m.

Mechanical crank press 1.5 x 2.8 m.

Mechanical crank press 1.5 x 2.8 m.

Mechanical crank press 1.5 x 2.8 m.

Overhead crane

Weight of main equipment

Wire EDM machine

Electro erosion Drilling Machine

CNC milling center

Radial drilling machine

Milling machine

Round grinding machine

Node of main equipment (lines)

Welding machine

Argon welding

Granite slab (table)

Hardening furnace

Mechanical crank press

Mechanical crank press

Mechanical crank press

Overhead crane

Number of working hours per year

3840 hours

Duty cycle

1. Cutting blanks for the manufacture of a set of stamp

 2. Grinding blanks for the manufacture of a set of stamp

 3. Processing of blanks on the CNC milling machine

 4. Turning cylindrical conical billets

 5. Heat treatment of work pieces parts

 6. Joint processing of parts on electro erosive machines

 7. Final grinding and polishing of parts of a set of stamps.

 8. Control of the geometric dimensions of parts, according to the     documentation.

 9. Assembly and fitting die tooling according to the drawing

 10. Check (try-out) die tooling for suitability

 11. Completion of the nodes of the stamp if necessary

 12. Final control painting, stamp packaging

Periodicity of the planned –warning repair (design and preparation works)

According to the schedule of PPR for each machine

Number of people involved in the production process and their functions

Head of the workshop – 1 person, Design Engineer – 2 people, Technological Engineer – 2 people, Economist-planner – 1 person, Engineer-programmer of CNC – 1 person, Warehouse Manager – 1 person, Master 1 – person.  CNC operator – 2 people.  Gas cutter 1 person Thermist – 4 people.  Electroerosionist – 2 people.  Milling machine operator – 1 person.  Grinder – 1 person.  Turner 1 – pers., Controller – 1 people.  Toolmaker – 5 people.