Myunghwa

• Company Name : Myunghwa Ind. Co., Ltd.
• Group : Myunghwa
• CEO : Moon, Chaesoo / Moon, Seongjun
• Type of business : Manufacturing the other new automotive parts
• Business contents : Manufacturing automotive parts(Hub Disk, Water pump, Oil pump, Engine chassis)
• Form of company : 1000 Fortune company, Middle sized company, External audit corporation, authorized company for exception of military service, export/import company
• Established dated : 1957. Aug. 13th
• Number of Employee : 601 (2018)
• Sales turnover : KRW 562,960,940,000 (2018)
• Capital : KRW 8,677,950,000 (2018)
• Business Profit : KRW -9,207,030,000(2018)
• Representative Tel. +82-2-852-0211
• Web site : https://www.myunghwa.com
• Address : 55, Dusan-ro, Geumcheon-gu, Seoul, Republic of Korea

Information from :http://www.saramin.co.kr

Company History
According to the website :
https://www.myunghwa.com/eng/sub01/sub03_2.php (Copy + Paste)

Global Leap Period
2000 ~ Present

2016

• Received grand prize for global quality management (The Korean Society for Quality Management)

2015

• Feb. Established a plant in Mexico
• Dec. Received the Three Hundred Million Dollars Export Award (Ministry of Trade, Industry and Energy)

2014

• Feb. Received the IR52 Jang Young Sil Award (Ministry of Science, ICT and Future Planning)

2013

• Obtained OHSAS 18001 certification (Korea Management Association Registration Inc.) 
• May. Selected as the World Class 300 company (Small and Medium Business Administration)
• CEO Moon Chae-soo chosen for a Hall of fame for businessmen (Industrial Bank of Korea)

2012

• Nov. Received the Two Hundred Million Dollars Export Award (Ministry of Knowledge Economy)

2011

• Dec. Received Gold Tower Order of Industrial Service Merit (Ministry of Employment and Labor)

2010

• Produced EWP (Electric Water Pump) 
• May. Established a plant in Beijing, China
• Produced BSM (Balance Shaft Module)

2007

• Aug. Established a plant in India
• Established a branch in the US

2006

• Feb. Established A-san Plant

2005

• Nov. Received the One Hundred Million Dollars Export Award (Ministry of Trade, Industry and Energy)
• Supplied water pumps and oil pumps to Chrysler and Mitsubishi 
• Jun. Obtain ISO/TS 16949 certification (UL Korea)

2004

• Jul. Supplied oil pumps to Mercedes-Benz
• Apr. Signed a license agreement with the French company Saint Jean for COBAPRESS

2000

• Aug. Established a plant in Wu xi, China

Growth Period
1987 ~ 1999

1999

• Nov. Obtained ISO 14001 certification (Korea Management Association Registration Inc.)
• Mar. Obtained QS 9000 certification (Korea Management Association Registration Inc.)

1996

• Nov. Obtained ISO 9001 certification (Korea Management Association Registration Inc.)

1994

• Oct. Produced Carrier and Knuckle Assembly
• Jun. Produced auto transmission parts

1992

• Jan. Started operationof Aluminum Diecasting

1991

• Aug. Established a research and development center

1990

• May. Signed a license agreement with the German company SHW (Schwäbische Hüttenwerke GmbH) for oil pump manufacturing technology

1987

• Dec. Received a Presidential Award for developing oil pumps with its own technology

Leap Period
1972 ~ 1986

1986

• Jun. Established a plant in Ulsan
• Jan. Signed a license agreement with the Japanese company Ohmori Tekkosho for oil pump manufacturing technology

1985

• Jan. Was designated as a company with best quality oil pumps and water pumps (I.A.A.)

1981

• Jul. Produced engine oil pumps

1979

• Sep. Established a plant in Ansan

1974

• May. Established aheadquarter in Doksan-dong, Seoul

1972

• Apr. Developed and produced auto parts (engine water pumps / brake parts, etc)

Foundation Period
1957 ~ 1971

1957

• Aug. Myunghwa Ind. Co., Ltd. established as an industrial pump maker