DAEWON PRECISION INDUSTRIAL CO., LTD.

  • Company Name: DAEWON PRECISION INDUSTRIAL CO., LTD.
  • CEO: Byung-Hae Kwak / Min-Hee Park
  • Type of Business: Manufacturing of New Automotive Parts
  • Business Contents: Manufacturing and sales of automotive seating components, seat structures, recliners, tracks, pumping devices, and EV traction motors
  • Form of Company: Mid-sized Company
  • Established Date: October 21, 1983
  • Number of Employees: 298 (2026)
  • Sales Turnover: KRW 384,634,850,000 (2025)
  • Capital: KRW 5,800,000,000
  • Business Profit: KRW 8,598,410,000 (2025)
  • Website: http://www.dwjm.co.kr
  • Address: 148, Balan Gongdan-ro, Hyangnam-eup, Hwaseong-si, Gyeonggi-do, Republic of Korea

Company Overview

DAEWON PRECISION INDUSTRIAL CO., LTD. is one of Korea’s leading automotive seating component manufacturers. Since its establishment in 1983, the company has grown alongside the Korean automotive industry through continuous technological innovation and new product development.

The company specializes in automotive seat systems and safety-related seat components, including tracks, recliners, pumping devices, seat structures, and EV traction motors. Through technical partnerships with Germany’s KEIPER and Japan’s IMASEN, Daewon Precision has continuously strengthened its engineering capabilities and product competitiveness.

Today, the company supplies advanced seating components to global automotive manufacturers while expanding into electric vehicle traction motor production as a strategic growth business.

Competitive Advantages

  • More than 40 years of automotive seating expertise
  • Technical cooperation with IMASEN (Japan) and KEIPER (Germany)
  • Korea’s first Electronic Active Head Rest development
  • In-house R&D Center
  • Advanced servo transfer press production facilities
  • Mass production capability for seat safety systems
  • Expansion into EV traction motor manufacturing
  • North American production presence through DWPa

Major Customers & Industry Position

Daewon Precision Industrial has established itself as a key supplier in Korea’s automotive seating industry.

Its products are used in:

  • Passenger vehicles
  • Premium luxury vehicles
  • Electric vehicles
  • Global OEM seating systems

The company manufactures critical safety and comfort components such as:

  • Recliners
  • Tracks
  • Seat adjusters
  • Pumping devices
  • Seat frames
  • Electric vehicle traction motors

History of DAEWON PRECISION INDUSTRIAL CO., LTD.

2022

  • Established North America Production Company (DWPa)
  • Expanded Oedong Factory

2021

  • Installed M-Project Mass Production Line #1

2020

  • Awarded Gold Medal by Hyundai-Kia Motors Group for Automotive Components Industry Achievement

2019

  • Implemented LEAN Manufacturing System
  • Signed Recliner Export Agreement with Brose China Co., Ltd.

2018

  • Expanded R&D Center

2017

  • Established Jangseong Factory
  • Awarded USD 70 Million Export Tower

2016

  • Installed 800-Ton Servo Transfer Press #2

2014

  • Awarded USD 50 Million Export Tower
  • Installed 800-Ton Servo Transfer Press

2013

  • Established Oedong Factory
  • Certified OHSAS 18001
  • Expanded Headquarters and Ansan Plant

2012

  • Expanded Headquarters and Ansan Plant
  • Began Mass Production of Power Round Recliners

2011

  • Established Ulsan Factory

2010

  • Established Baran Factory
  • Started Operation of 1,600-Ton Press Line

2009

  • Began Mass Production of Manual Round Recliners

2008

  • Entered Technical Partnership with KEIPER GmbH & Co. KG (Germany)

2007

  • Joint Development of New Seating Products with KEIPER
  • Developed Korea’s First Electronic Active Head Rest

2004

  • Entered Technical Partnership with KEIPER GmbH & Co. KG (Germany)
  • Obtained ISO/TS 16949 Certification

2003

  • Established R&D Center

1995

  • Opened Plant No.1 (Current Headquarters Plant)

1983

  • Established DAEWON PRECISION INDUSTRIAL CO., LTD.
  • Entered Technical Partnership with IMASEN Electric Industrial Co., Ltd. (Japan)

Main Products

Seat Tracks

  • Manual Tracks
  • Power Tracks
  • Symmetric Tracks
  • Asymmetric Tracks

Recliners

  • Continuous Disc Recliners
  • Discontinuous Disc Recliners

Pumping Devices

  • Height Adjustment Devices
  • Lightweight Pumping Systems

Seat Structures

  • 1st Row Seat Structures
  • 2nd Row Seat Structures
  • Manual 4-Way Systems
  • Motorized 6-Way Systems
  • Motorized 8-Way Systems
  • Leg Rest Systems
  • VIP Seat Frames

EV Traction Motors

  • Electric Vehicle Driving Motors
  • Powertrain Motor Components

Product Portfolio

TRACK

Upper and lower track systems that allow forward and backward seat movement.

RECLINER

Critical seat safety component that adjusts seatback angles while protecting occupants during collisions.

PUMPING DEVICE

Seat height adjustment mechanism designed to improve driver comfort and safety.

SEAT STRUCTURE

Integrated seat frame modules combining tracks, recliners, motors, and adjustment systems.

EV TRACTION MOTOR

Electric vehicle driving motor serving as the core propulsion component of EV platforms.

DAEWON PRECISION INDUSTRIAL CO., LTD. continues to strengthen its position as a global automotive seating and EV component manufacturer through advanced engineering, strategic international partnerships, and continuous investment in production technology.

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