Incorporation and Development of Japan's First Superhard Alloy
The two predecessor companies Shibaura Engineering Works Co., Ltd. and Tokyo Electric Company succeeded in developing a superhard alloy for the first time in Japan. The product was sold on the market as "Tungaloy" from 1930.
Shibaura Engineering Works Co., Ltd. and Tokyo Electric Company co-invested in founding Special Alloy Tools Co., Ltd.
Develop TX and GX Superhard alloy for hard cutting.
This development freed Japan from blindly worshipping foreign products, and ignited growth of the machining industry in Japan.
Became a plant manufacturing special alloy tools for Shibaura Mazda Industry Co., Ltd.
Shibaura Mazda Industry Co., Ltd. was merged into Tokyo Shibaura Electric Co., Ltd. and became a plant manufacturing special alloy tools for Tokyo Shibaura Electric Co., Ltd.
Wartime Difficulties and Restoration
Publicly disclosed Tungaloy's exclusive technology under the instruction of the Ministry of Munitions.
Keihin Air Raid devastated 75% of the building and 90% of the machinery.
Became independent from Toshiba, to eliminate excessive concentration of economic power, and started as Tungaloy Industry Co., Ltd.
At this time, the company successfully became an industry that made commercial and "peaceful" products.
Changed the company name to Toshiba Tungaloy Co., Ltd.
Developed indexable insert, ceramic tools, and thermet tools. This supported the rapid economic growth in Japan and greatly contributed to further growth of the market.
Social Globalization and Growth of Tungaloy
Introduced the Nagoya Plant as the domestic manufacturing base.
Toshiba Tungaloy Stock is listed on the Tokyo Stock Exchanges Second Section.
Introduced the Nirasaki Plant as the domestic manufacturing base.
Hanta Co.,Ltd became a subsidiary.
Toshiba Tungaloy Stock is listed on the Tokyo Stock Exchanges First Section.
Tungaloy Kyushu Corporation became a subsidiary.
Launched sales base in Singapore.
Founded Tungaloy Logistics & Technology Co.,Ltd.
Founded Tungaloy Precision Co.,Ltd.
Founded Tungaloy Taiwan Corporation.
Founded Tungaloy Europe GmbH.
Launched sales base in the U.S.A.
Founded New Fine Tool Co.,Ltd.
Introduced the Iwaki Plant as the domestic manufacturing base.
Founded Tungaloy Italia S.p.A.
Founded Tungaloy Xiamen Co., Ltd.
Founded Tungaloy Manufacturing (Thailand) Co., Ltd.
Founded Tungaloy Cutting Tool (Shanghai) Co., Ltd.
Founded Tungaloy Xiamen Cutting Tool Co., Ltd.
Toshiba Tungaloy Stock is delisted of the Tokyo Stock Exchanges First Section.
Became independent from the Toshiba Group and changed the company name to Tungaloy Corporation.
Founded Tungaloy Friction Material Vietnam Ltd.
Founded Tungaloy Czech s.r.o.
Notice regarding the Business Collaboration with IMC International Metalworking Companies B.V., Change in the Parent Company.
Founded Tungaloy do Brasil Comercio de Ferramentas de Corte Ltda.
Founded Tungaloy Iberica S.L.
Founded Tungaloy Scandinavia AB
Founded Tungaloy Rus, LLC
Founded Tungaloy Polska Sp. z o.o.
Founded Tungaloy Korea Co., Ltd.
Headquater moved from Kawasaki to Iwaki / Fukushima pref.
Founded Tungaloy India Pvt. Ltd.
Founded Tungaloy Malaysia Sdn Bhd
Founded Tungaloy Australia Pty Ltd
Founded Tungaloy UK Ltd
Founded Tungaloy Hungary Kft
Founded Tungaloy Turkey
Founded PT. Tungaloy Indonesia
Founded Tungaloy Benelux b.v.