The Korea General Machinery Trading Corporation operates the Huichon Machine Tool Factory, North Korea's government-run manufacturer of heavy-duty machine tools for domestic use and for export (although most exports are blocked by UN embargoes).

The factory group was founded in 1955 and is involved in machine tool production processes including steel-making, casting, processing, assembly, painting and packing.
Products are produced on a serial basis and a small lot basis; its output of precision machine tools includes an assortment of spline-grinding machines and industrial lathes.

The creation of the complex was firstly discussed in a March 1951 Workers' Party of Korea Central Committee meeting.
Kim Il Sung said "In the course of the war, I have learned a bloody lesson that we should produce our own munitions and weapons.
I keenly feel that we must have a solid machine-building industry in a far-sighted way."
Two locations were cited for this purpose: Tokchon and Huichon.

Once built, the factory became a model for the machine-building industry of the country.
Machine factories have been built in Taean, Ragwon, Tokchon, Ryongsong, Kusong and other parts of the country were built on the Hŭich'ŏn model.
According to questionable DPRK government figures, (as of 1998) machine-building industry in North Korea had increased 1690 times compared with the pre-liberation figure, and its self-sufficiency in machinery was already 98 per cent.
The Korea General Machinery Trading Corporation operates the Huichon Machine Tool Factory, North Korea's government-run manufacturer of heavy-duty machine tools for domestic use and for export (although most exports are blocked by UN embargoes).
The factory group was founded in 1955 and is involved in machine tool production processes including steel-making, casting, processing, assembly, painting and packing. Products are produced on a serial basis and a small lot basis; its output of precision machine tools includes an assortment of spline-grinding machines and industrial lathes.
The creation of the complex was firstly discussed in a March 1951 Workers' Party of Korea Central Committee meeting. Kim Il Sung said "In the course of the war, I have learned a bloody lesson that we should produce our own munitions and weapons. I keenly feel that we must have a solid machine-building industry in a far-sighted way." Two locations were cited for this purpose: Tokchon and Huichon.
Once built, the factory became a model for the machine-building industry of the country. Machine factories have been built in Taean, Ragwon, Tokchon, Ryongsong, Kusong and other parts of the country were built on the Hŭich'ŏn model. According to questionable DPRK government figures, (as of 1998) machine-building industry in North Korea had increased 1690 times compared with the pre-liberation figure, and its self-sufficiency in machinery was already 98 per cent.
Huichon