DMICO aims at balanced advancement of national economy and economic status elevation of members encouraging their independent economic activities through promoting the mutual welfare of members and sound development of local machinery industry as well as the fulfillment of collective & cooperative project.

March 26, 1962

As an economic organization for the industry(nonprofit public corporation) established in accordance with Small and Medium Enterprise Cooperatives Act(special law), we play a role in protection and promotion of small and medium sized businesses and speaking for them by making a proposition about current issues of them to government and relevant agencies as well as by improving their competitiveness based on cooperation and support for the sound development of automotive and machinery industries in Daegu-Gyeongbuk and for the information interchange between members.

• Support collaborative businesses including production, processing, order receiving, sale, purchase, storage, transport, environmental improvement, trademark, and service
• Create, manage, and operate public facilities and cooperation complex
• Managerial and technical education and training
• Provide various information and research study
• Propose measures for promotion of metal and machinery industry to government
• Collaborative testing and test research as well as industrial standardization on products
• Make collective agreements to seek promotion of members' economic interest
• Lend money for business or help to get a loan
• Export products and import raw materials & facilities
• Hold exhibitions related to machinery at home and abroad
• Conduct research on overseas markets and dispatch market development team
• Operate and manage showrooms for selling and advertising
• Industry-academic-research cooperative consortium
• Educational work related to vocational capability development to foster technical manpower
• Insurance business under the Employment Insurance Act including industrial accident compensation insurance
• Government consignment business
• Welfare benefits of members
• Participate in competitive bid between small and medium entrepreneurs
• Overseas marketing project