Taewoong Co.,Ltd (044490.KQ) KOE

Currency In KRW

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Taewoong Co.,Ltd

Address

67, Noksansandan 27-ro

Busan, BU

Korea (the Republic of)

Phone

82 5 1329 5000

Sector

Industrials

Industry

Manufacturing - Metal Fabrication

Employees

452

First IPO Date

November 08, 2001

Key Executives

NameTitlePayYear Born
Yong Do HuhChief Executive Officer & Chairperson01948
Hee-Sang JangChief Executive Officer of Corporate Management & Director01956
Heo UkPresident of Integrated Operation Headquarters Management & Director01978
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Description

Taewoong Co.,Ltd, an internationally operating enterprise based in Busan, South Korea, specializes in the production and global distribution of open-die forgings and ring-rolled components. Their extensive portfolio of advanced metal parts serves a diverse range of industries. Key offerings include foundational steel products such as ingots and round blooms. For the renewable energy sector, particularly wind power, they manufacture crucial forged components like main shafts, tower flanges, and inner/outer rings for pitch and yaw bearings. The oil and gas industry benefits from their specialized equipment, including connectors, ram bops, and clamps. Taewoong also provides durable parts for heavy industrial machinery, such as kiln tires, support rollers, casting molds, and various rolls. Their contributions to power generation encompass closure lids, integrated heads, and forged casks for nuclear waste. Furthermore, they supply essential components for marine vessels and engines, including propeller shafts, rudder stocks, and crankshafts. The defense sector procures their high-performance titanium and aluminum rings. Established in 1981, the company was originally named Taewoong Forging Industrial Co., Ltd. before officially adopting its current name, Taewoong Co.,Ltd, in August 1989. Its corporate headquarters are situated in Busan, South Korea.

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