Puneet Varma (Editor)

Tungaloy Corporation

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Type
  
Private

Headquarters
  
Iwaki

Area served
  
Worldwide

Founded
  
19 December 1934


Industry
  
Machinery, Manufacturing

Key people
  
Jacob Harpaz (Chairman) Satoshi Kinoshita (President & CEO)

Products
  
Metal cutting tools, steel products, wear resistant tools, civil engineering tools, and friction materials

Parent organizations
  
International Metalworking Companies, Iscar Ltd.

Profiles

Tungaloy corporation video spanish


Tungaloy Corporation (Japanese: 株式会社タンガロイ) is an international company that specializes in production and sales of metal cutting tools as well as industrial products. Headquartered in Japan, it was the first company in the country to succeed in developing superhard alloy. Tungaloy is a member of the International Metalworking Companies (IMC), which is owned by Berkshire Hathaway. In November 2011, the company celebrated the opening of its new production facility in Japan; as the Chairman, President, and CEO of Berkshire Hathaway, Warren Buffett took part in the ceremony.

Contents

History

August 2008 marked a turning point for the company, as Tungaloy became a member of the International Metalworking Companies (IMC), owned by Warren Buffett’s Berkshire Hathaway. This acquisition led to rapid installation of latest machinery and automation in its production facilities as well as advanced its R&D laboratories. In 2010, Tungaloy’s headquarters, marketing, production, and R&D functions gathered in Iwaki, Fukushima in Japan to streamline communication channels and improve synergy between the departments. The company celebrated the opening of its new production plant in 2011 with the presence of Warren Buffett, which turned into his first visit to Japan.

Products

Metal cutting tools, steel products, wear resistant tools, civil engineering tools, and friction materials

Serving Industries

Automobile, construction, aerospace, infrastructure, oil & gas, and heavy industries (power, rail and ship building)

International Plants and Offices

Japan, US, Canada, Mexico, Brazil, Germany, France, Italy, Czech Republic, Spain, Sweden, Russia, Poland, UK, Hungary, Turkey, the Netherlands, Croatia, China, Thailand, Singapore, Vietnam, Indonesia, India, South Korea, Malaysia, and Australia

References

Tungaloy Corporation Wikipedia