Wheel Corporation¡¯s main product Ferrule is used in connectionsw between the rubber hose, which is a gateway for a refrigerant, and aluminum pipes in auto air conditioners.
As a patented product thanks to using the Pipe Process instead of the existing Impact Process, the product has many advantages, including very low material loss (3%), higher productivity (30%), higher cost-competitiveness (30%) and low failure rate (5ppm) in comparison with the existing products. Within less than three years after its release, the product accounted for 90% of domestic market share, and was selected as a world-class (nextgeneration) product in 2008.
Currently, the product is being exported to China, Thailand, India and Iran.
Wheel Corporation¡¯s ferrule is an eye-catching item that is especially designed
to play a pivotal role in connecting rubber hoses, a passage of refrigerant and aluminum pipe
in automotive air conditioners.
As a patented products developed by the new process method utilizing pipe instead of
the existing process method utilizing impact, the products has many application advantages,
including very low material loss(3 percent) and higher productivity (30 percent), thereby
giving valuable opportunities to the user to obtain the item at cheaper prices than the existing
product. It further has a feature of low failure rate (5ppm) in comparison with the existing
products.
The company has developed ferrule and muffler utilizing the process method of pipe
type, so successfully that within less than three years after their release, the ferrule and
muffler have accounted for 90 percent and 60 percent of their total markets, respectively.
Notably, the two main items of the company were selected as World-Class Products of
Korea by the nation¡¯s Ministry of Knowledge Economy in 2008, while being actively exported
to China, Thailand, India and Iran, and the U.S.A. The maker is further making inroads into
promising overseas markets for bolstering and broadening its global presence significantly.
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