and MMT Corporate

15.07.2019 Capability for Aerospace

Key Capability – Precision Machining

Machine Type Number Picture Application

5 Axis 80 Hard Metal

(Hermle-C42) (Titanium, Steel..)

4 Axis 4 Hard / Soft Metal

(Chiron)

3 Axis 61 Hard / Soft Metal

(Doosan, WIA..)

Turning-CNC Lathe 98 Hard / Soft Metal

(Amada, WIA..)

Turning-Swiss Lathe 8 Hard / Soft Metal

(Star, HanHwa…)

Integrated Machining Solution

Key Capability – Assembly & Testing

Category Type Picture Application

(Example)

Assembly-Customized Servo Press Fit Bushing Assembly

Robot-Automation

Welding Nozzle (Vane)

(Plasma, EB, Laser) Assembly

Testing Leak Test High Pressure

Products

X-Ray Test Casting Products

Cleanliness Test High Pressure

Products (<150 Micron)

Customized Solution for Applications / Requirements

Key Capability – Special Process (Treatment/Painting)

Step 1 : Partnership with “COTEC” in Korea

• COTEC: Various Treatment / Approved Source for Aerospace

• 1 Hour-Trucking Distance from MMT-Duncha Facility
• Anodizing, Phosphated Coating, Zinc-Nickel Coating… Penetrant Inspection
• Approved-NADCAP, Boeing, Airbus, Safran, Parker, Collins, Liebherr, Moog…

Step 2 : In-House Development (2020-2021 Year Planning)

• 1st Focus on Anodizing on Titanium and Aluminum Products

• Integration Process Strategy as Machining – Treatment – Assembly – Test
• Supported by Partner to In-House Development

One-Stop Service to Customer

Key Capability – Geographic Production Location

Blois, France
Pyeongtaek, Korea
D/M/A/T
Daegu, Korea
D/M/A/T/S (Partner)

Thailand (2021 YR)

M/A

Malaysia (2020 YR)

M/A

• D: Design
• M: Machining
• A: Assembly
• T: Testing
• S: Special Process

Global / Regional Supply Chain Solution

Thank You
Merci beaucoup
감사 합니다
ありがとうございます
Danke sehr
谢谢
Gracias
Obrigado
6
 and MMT Corporate

21.03.2019 Company Presentation

Content of Presentation

This presentation shall provide an overview about MMT Group,

its global businesses and structures as well as a special focus
on MMT Duncha.

A: MMT Corporate Page 4 – 10

B: MMT Duncha Page 11- 30

8
 A: MMT - Corporate Facts
Type: Corporation (Family Ownership)

CEO: Hae-June, Park

Established: 1978
Headquarters: Daegu (200 km S/E of Seoul)

Employees: 560 (Plan FY 2019 average)

Sales: ~ 230 M USD (Plan FY2019)

Main Businesses: Precision Machining & Assembly for Automotive, Aerospace

and Industrial Markets

Locations: Asia – South Korea and Japan

Europe – Germany and France
North America – USA

Certificates: IATF 16949 / ISO 9001 / AS 9100 (Rev. D) / ISO 14001

Collins Aerospace Approved Supplier

9
A: MMT Corporate - Structure

MMT Automotive
Turbocharger products division
Automotive powertrain-, aviation structure-
and technical foams division

MMT-Duncha
(Pyoengtaek / Korea)
Mirae Metal Tech
(Daechun-Wolam/Korea) MMT USA / Duncha
(Glenview / USA)
MMT SM MMT
(Secheon/Korea) Corporate Duncha International
(Yokohama / Japan)

MMT SM (Casting)
Duncha GmbH
(Daechun/Korea)
(Memmingen / Germany)

MMT Europe Duncha France SAS

(Frankfurt, Germany) (Blois / France)

MINILEIT-MMT (JV)
MMT Automotive (Hosan / Korea)
(Hosan/Korea)

10
A: MMT Corporate Sales Growth

Majority of growth through turbo charger components and assemblies

Others
Honeywell
6%
2%

BW Turbo
32%
Others BW
IHI
36% Turbo 8%
21%

BW
Honey T/M
well 28%

BW BW T/M
IHI MorseT 4%
MHI
6% ec
9%
BW
MorseTec
MHI 3%
45%

2014 Year 2018 Year

11
 A: MMT Corporate - Corporate Development

MMT Automotive MMT Duncha

MMT Duncha
WE WERE-2010 WE ARE-2018 WE WILL BE-2021
Business Areas One Multiple Multiple
(Automotive) (Automotive + Aviation) (Automotive + Aviation + Industry)

Core Strength Precise machining + Casting + Assembly + R&D / Design / 3D

Source of Business Mostly Korea + NA + EMEA Globally Balanced

Production Site 2 6+1 + 2 Global Sites

IP Type None Process Process & Product

The MMT Corporation transforms through commitment to customers, globalization

and increased and improved core strength, developed to meet and exceed market needs.
12
A: MMT Corporate
Impressions of our manufacturing strength

13
 A: MMT Corporate - Casting Capability – Centrifugal Casting

1. Process Flow

Horizontal Casting Vertical Casting

2. Material • Super Alloy (Ex: 1.4952)

• Stainless Steel
• Ti-Alloy (Alliance Material with Kuhn Special Steel-Germany)

3. Products • Industrial-Cylinder Liner (Ex: MAN)

• Automotive: Turbocharger Vane Ring (Ex: Honeywell)
• Aerospace: Duct System- Ring (Under Development)

4. Product Example

Turbo-Vane Ring Bearing Sleeve Pump-Valve 14

 A: MMT Corporate - Casting Capability – Lost Wax

1. Process Flow

2. Material • Super Alloy (Ex: Inconel 713C)

• Stainless Steel
• Ti-Alloy / Ti-Al (Gamma) Alloy

3. Products • Medical: Hip-Joint Products (Ex: Biomet)

• Automotive: Turbocharger Valve (Ex: Honeywell)
• Aerospace: Aerostructure-Nacelle Application Ti-Alloy (Ex: Under Development)

4. Product Example

15
Turbo-Bushing EGR Housing Turbo-Valve
 B: MMT Duncha Facts
Type: Corporation (Family Ownership)

CEO: Seokkyoo Park

Established: 2016
Headquarters: Glenview, IL

Employees: 220 (Plan FY 2019 average)

Sales: ~ 32 M USD (Plan FY 2019)

Main Businesses: Product Engineering (Design), Precision Machining, Assembly

and Testing for Powertrain, Electric Mobility and Aerosapce

Locations: Asia – South Korea and Japan

Europe – Germany and France
North America – USA

Certificates: IATF 16949 / ISO 9001 / AS 9100 (Rev. D) / ISO 14001

Collins Aerospace Approved Source

16
B: MMT Duncha - Organization Structure

MMT Duncha Global

SK Park
CEO
Corp. Development
M&A R&D&D
A Minkenberg Patrik Mallard

Procurement
Yohan Treyssede

Asian Region EMEA Region

SH Ryu Andreas Minkenberg

Business Development Business Development - USA Business Development - Japan Account Management

SH Ryu (Acting) SK Park (Acting) BH Seo Jürgen Lee Ertel

Operations - Pyeongtaek Operations - Blois

Operations - Hosan

Operations - Minileit

17
B: MMT Duncha - Corporate Strategy

Our Strategy is based on four strong Pillars:

Be global • Focus on global businesses in automotive & aviation.

but local • Engineering & production sites in Korea, France and USA (plan).

Sustainability • Balanced business model through diverse business areas, products and
Responsibility applications.

Best quality in • Vertically integrated processes + Global production strategy

costs, services • Focus on value to customers by providing design- and process know
and any process how globally.

Collaboration • Provide access to new procurement channels and create synergies

and through strong global collaborations, strategic M&As, joint ventures
partnership and strategic partnerships.

18
B: MMT Duncha - Production Sites in Korea and France

Sales Office in:

• Glenview, USA (Duncha Headquarters)
• Tokyo, Japan
• Memmingen, Germany
• Blois, France
• Pyeontaek, Korea

MINILEIT-MMT / Daegu
- Joint Venture
- 1,850 ㎡
(thermal management)

Hosan Plant / Daegu (AS9100)

- 6,600 ㎡
- 5 Axis Milling
(automotive machining)

Eoyeon Plant / Pyeongtaek

- 6,650 ㎡
Blois Plant / France
- 5 Axis Milling & Assembly
- 9.500㎡
(aviation competence center)
- 3-5 Axis machining, tube bending,
clean room and assembly
Osung Plant / Pyeongtaek
- Design, development and test center
- 6,650㎡
(automotive competence center)
- Foam Converting
(in planning)

19
B: MMT Duncha - Sales Growth Plan – New Ventures!

Insulation &
Assemblies
6,5%

Technical Foams
8%

Aviation M&A (USA)

29% 24%

Aviation 11,5%

Insulation &
Assemblies
71%
Automotive
Powertrain
50%

2018 Year 2022 Year

(Booked - €3M) (Plan - €62M)

20
Based on contracted business (LTA) as of Jan, 2019
B: MMT Duncha – Global Business Structure

Duncha Group

Product development
Raw Material (Green Parts) (Automotive) Acquisition in
MMT USA
M&A New sites
 MMT Centrifugal Casting
Machining*
 MMT Lost Wax Casting (Aviation & Automotive)
MMT-
Additive
 Shell Mold Casting Manufacturing Provide
Business Partner

new & future

 Powder Metal Assembly technologies
to MMT
MMT-
 MIM TI-Casting

 Forging MMT- Cellular

MMT
 Bar Sock MIM
Partnership & JV
MMT
Logistics Thermal
management

Customer
*MMT’s traditional operation Know How
21
B: MMT Duncha – Global Value Chain Integration

Raw Material (Green Parts) Machining

 MMT Centrifugal Casting  3, 4 and 5 Axis Machining

 MMT Investment Casting  CNC (Turning ) and Gun drilling
 Electro Chemical Deburring
 Shell Mold Casting
 Grinding
Business
Partner

 Powder Metal
 MIM (Metal Injection Molding)  Broaching
 Forging
 Bar Sock  Autofrettage
 Tube bending
Product Design, Development & Testing

 Product design and optimization

 Process development and APQP
Assembly

 Washing, Clean room

Value added Process  Welding – Laser , EB, Plasma, Spot, TIG
 Riveting
 Thermal management products  Folding
 Surface treatment (Induction hardening)  Automation (in-house design)
 Technical Foam Conversion  Q-inspection and documentation
 3D Laser Welding (TI and Steel)  …

Integrated Value Chain Solution

22
B: MMT Duncha – Product Reference Automotive
Fuel Systems

Diesel High Pressure Line

Diesel Rail
Camshaft Timing

Connectivity Gasoline High Pressure Line

Turbine Shaft & Wheel

Compressor Wheel

Bearing Housing

VTG
Wastegate Ring / blade / Clamp
Turbo Oil Feed
Manifold Exhaust Pressure Pipe
Technical Foams

Turbine Housing 23
With Inuslation
B: MMT Duncha – Product Reference Aviation

MMT Duncha Today:

• Latch & Hinge A350 and B787 in production

• Senior Aerospace  Collins (former UTC Aerospace)
• Ti-6AL4V (AMS4928)
• Bar Stock + 5 Axis Machining

MMT Duncha R&D:

• Fan Cowl Hinge in… :
• 3D Laser Welding (fully capable in 08/19)
• TI Investment Casting 24
B: MMT Duncha - Impressions of our manufacturing strength

25
B: MMT Duncha - Impressions of our manufacturing strength

Machining
3, 4 and 5 axis CNC, Gun Drill, Lathes
plus ECM and welding

26
B: MMT Duncha - Impressions of our manufacturing strength

Forming by cold pressing

3 automatic machines burger (70000 t/days)
3 manual forming machines (Crippa and silfax)

Tube Bending
5 cnc including 2 managed by robot (staubli robot)
About 10 automatic bending stations

Autofretting
5 aquarese machines
12 automatic autofretting stations

Washing and Cleanroom

Particle size of less than 150 micron

27
B: MMT Duncha – Prototyping and Test Capabilities
Test and Analysis Capabilities
• Torque / Stress / Strain hardening
• Metallographic preparation tools
• Metallographic observation means
• Endoscopic analysis means
• Hardness tester
• Mechanical testing machine
• Tightness testing bench
• Cleanliness testing bench
• Endurance testing bench
• Climatic chamber
• Salt spray chamber

D&D Capabilities
CAD Systems:
1. PTC CREO 3.0
2.CATIA V5

Analysis Systems:
1.ANSYS Workbench
2.LS DYNA
3. SC TETRA CFD simulation
28
B: MMT Duncha – R&D to reduce total products costs

MMT Duncha as trusted supplier for TI6 based Hinges

& Latches is committed to help its customers to reduce
the total costs of these products by:

• Reducing prototype time and costs

• Reducing the amount of TI needed
• Reducing tooling costs
• Reducing time to implement design changes

MMT has ordered a 3D laser welding machine incl. an

inert gas chamber.
The first out of two machines will be installed in our
Pyeongtaek plant in June 2019.

29
B: MMT Duncha & Vita – Example for Collaboration

Acoustic Foam Technology from VITA’s

Metzeler Schaum GmbH supports a
Acoustic Technology  mitigation of cavity noise resulting in a
significant reduction of noise of up to
20%.

30
 B: MMT Duncha - Shell Mold Casting Collaboration in Korea

1. Process Flow

2. Material • Stainless Steel (Ferrite / Austenite)

• Duct-Iron

3. Products • Automotive: Turbocharger-Housing / Manifold (Ex: Honeywell)

4. Product Example

31
B: MMT Duncha - Customer reference (amongst others):

34
B: MMT Duncha says …

Thank You
Merci beaucoup
감사 합니다
ありがとうございます
Danke sehr
谢谢
Gracias
Obrigado
35