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History

History

Our journey to perfection still continues

2000 ~ 

2003. 01 Soon C. Kwon, President of Hyundae Precision was appointed as an honorary branch manager of WOORI Bank. 
2004. 01 Acquired QS 9000 quality system certificate for DAEWOO MOTORS.
2004. 03 Started to export HOIST RINGS to European countries.
2005. 05 Liquidated automobile and motorcycle component manufacturing business.
2008. 10 Installed newly designed bar bending machine for hoist ring.
2009. 03 Installed new 10 & 70 ton 300% rated load tensile strength testers.
2010. 07 Incorporated Hyundae Precision MFG Co., LTD.
2011. 01 Installed 150 & 300 Ton Hydraulic swaging presses.
2011. 07 Installed 50 & 200 Ton destructive tensile strength testers.
2011. 09 Installed an all-case heat treatment furnace system.
2016. 01 Installed an dedicated machining equipment for U-BAR
2016. 10 Selected as a On-site demand type technology development  project company by the Korean Small and Medium Business Administration
2017. 11 Installed a new bending press to make bigger hoist ring clevis
2020. 11 Installed a new self-feeder line from 10,000 to 50,000 LBS U-bar and body machining
2020. 12 installed four(4) additional boring machine lines for drilling HOIST RING bodies easily and more fast

~ 1999

1974. 09 Founded Hyundae Precision Manufacturing Company.
1979. 12 Opened machining shop in Youndeungpo, Seoul, Korea.
1980. 02 Awarded by the Federation of Korean Industries.
1980. 12 Awarded by the Ministry of Labor Department.
1981. 03 Awarded by the Prime Minister of Korea.
1981. 09 Designated and registered as auto-part maker for DAEWOO MOTORS.
1983. 02 Designated as a innovative & prospective company by INDUSTRIAL BANK OF KOREA.
1984. 12 Built and opened a new machining plant in Incheon, Korea.
1990. 08 Built and opened a new forging plant in Chon-An city, Korea.
1993. 07 Entered into a Technical License Agreement with CBC INDUSTRIES INC(d/b/a AMERICAN DRILL BUSHING  Company) for Lifting Devices.
1996. 05 Entered into a Technical License Agreement with TSUBAKI MOTOR Co. of Japan for Automatic Loader.
1996. 07 Designated as a technically innovative model Company  by INDUSTRIAL BANK OF KOREA.
1998. 03 Awarded by the Korean Ministry of Finance and Economy.
1998. 08 Completed construction of machining division building in Chon-An plant.
1998. 12 Acquired ISO 9002 quality system certificate for DAEWOO MOTORS.
1998. 12 Moved Incheon machining division to Chon-An plant.

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