BUSAN RING IND. CO

Company Name : BUSAN RING IND. CO
CEO : Choi Myung Hee
Type of business : Manufacturing of new automotive parts
Business contents : Manufacturing of automotive parts(Brake Asm, Shoe Assy, Axle Complete, Spring Bracket & Pad, Manufactured Goods)
Form of company : Small business
Established dated : 15st July 1969
Number of Employee : 38(2009)
Sales turnover : KRW 8,598,710,000(2017)
Business profit : KRW 177,180,000(2017)
Capital : KRW 99,390,000(2017)
Representative Tel. +82-51-264-4531
Web site: http://www.psring.com
Address :12, Dasan-ro 208beon-gil, Saha-gu, Busan, Republic of Korea

History :
(Information from Brochure )

1968. 07 Established a Company
1968. 08 Factory relocation. Select as a supplying company for Busan plants by Daewoo Bus. Co., Ltd
1972. 06 Developed the Spring Bracket for commercial Trucks of Daewoo Bus. Co.,Ltd
1986. 03 Developed localization and Selected as auto parts affiliate with Industry Ministry
1992. 07 Transfer of business (Dadaedong 12, 208beon-gil, Dasan-ro, Saha-gu)
1993. 09 Developed Brake ASM for Daewoo Bus. Co., Ltd
1999. 12 Acquired certification of ISO 9002:1994
2001. 01 Acquired certification of QS 9000
2006. 09 Clean business place Certification by Korea Occupational Safety & Health Agency
2006. 11 Acquired certification of ISO 9001/TS16949
2007. 12 Began to deliver RR AXLE (WIDE BEAM) COMPLETES to Daewoo Bus. Co., Ltd
2010. 06 Selected as one of Korea’s top 600 technology companies (Chosun Ilbo)
2013. 03 Registered as a defense business company (Maneuvering equipment)
2014. 09 Developed and supplied the brake shoe for Sunlong Bus Korea Co., Ltd.
2014. 10 Supplied army Logistics Command brake shoe manufacture(2014~2019)
2015. 03 Localization and Procurement for Ministry of National Defense division parts (All trucks)
2016. 06 Localization of BRAKE ASM for Domestic and imported vehicles
2016. 11 Supplied army Logistics Command Strap, Tie chain manufacture(2016~2018)
2018. 03 Spring loop Binder mechanism acquire management
2018. 11
- Supplied army Logistics Command lift worker manufacture(2018~ )
- Acquired a certificate for exclusive research and development department (KOITA)