Woorim Machinery Co., Ltd.

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History

2019: 12Opend a branch office in Düsseldorf, Germany; 10Awarded the Presidential commendation for Development of Capital goods Industry; 06High-tech facility Establishment of Large 8.4M precision gears; 05Acquired patent for excavator travel reducer (No.10-1983058): 22 cumulative patents

2018: 09Completed development of robot and automatic precision-driving reducer; 04Selected as a Global Hidden Champion (The Ministry of SMEs and Startups)

2017: 12Supplied 9th 300 tons Converter Tilting Device; 02Establishment of Robotic ultra-precision reducer production line

2015: 11Establishment of heat treatment-specialized factory (Woorim HS); 07Certified Pitch & Yaw Drive (Manufacturing & Design) for Wind power (DNV certification in Germany)

2014: 07Acquired the Mechanical works’ license (SungSan 2014-10-01); 06OHSAS18001 Certification

2013: 12Selected as Business developer of 7MW Yaw & Pitch Drive for Wind power(The Ministry of Knowledge Economy); 12Supplied 250ton Travel reducer Ass’y for Crawler Crane with mass production; 11Supplied a travel reducer Ass’y for 80ton excavator (Hyundai Heavy industries); 11Contracted for development of Pitch Drive for 5MW Wind power (SSB); 09Localization of POSCO’s Converter Tilting Device; 06Bonus issue (A capital of 6.75 billion won); 05Developed a Yaw Drive for 2.5MW Wind power

2012: 11Awarded the 20M dollar’s export & Bronze Tower Order of Industrial Service Merit in Trade day; 10Selected as ‘100 Best companies to Wok’; 09Awarded the commendation of the Small and Medium Business Administration for Technological Innovation; 03Completed the reducer-specialized factory construction (Building site 14,370㎡, Floor space 10,719㎡)

2010: 11Developed an Accelerator part for 3MW Wind power; 08Selected as a business developer of hydraulic transmission for 14-ton Wheel excavator (The Ministry of Knowledge Economy); 05Awarded the KOTRA Seal of Excellence (The Ministry of Knowledge Economy)

2009: 12Approved for GL factory; 11Awarded the 10M dollar’s export & Stone Tower Order of Industrial Service Merit in Trade day; 09ISO14001 Certification; 06Awarded a Special prize from Gyeongnam Small and Medium Business Awards; 05Selected as a Promising export company to Japan (The Ministry of Knowledge Economy); 04Listed on KOSDAQ (A capital of 4.5 billion won); 03Awarded the commendation of the Minister of Strategy and Finance

2008: 12Selected as an Export-promising Small and Medium Business (The Small and Medium Business Administration); 11Awarded the 5M dollar’s export tower in Trade day; 03Awarded the Exemplary taxpayer (The NTS Busan Regional Office)

2007: 111.67 billion won of Bonus issue (A capital of 3.42 billion won); 11Awarded the 1M dollar’s export tower in Trade day; 06Selected as a Business developer of high-stiffness high-efficiency Planetary Gear Reducer for Construction machinery (The Ministry of Commerce, Industry and Energy); 06Capital increase with consideration (A capital of 1.75 billion won); 05Certified enterprise specializing in parts materials (The Ministry of Commerce, Industry and Energy); 03Completed the Oedong factory construction where Headquarters relocate (Building site 10,574㎡, Floor space 9,988㎡); 03Awarded the Exemplary taxpayer (Tax office in Changwon)

2006: 06Selected as an Innobiz enterprise (The Small and Medium Business Administration); 05Selected as a Business developer of high-stiffness reducer (The Ministry of Commerce, Industry and Energy); 04Selected as a Venture company in technical assessment (The Small and Medium Business Administration); 03Establishment of Research institute (Korean Industrial Technology Association)

2004: 12Start of export to NABTESCO in Japan (Planetary Gear Reducer parts for heavy equipment)

2000: 03Incorporation transition to WOORIM Machinery (CEO Han Kyu-suck, 1.67 billion won of Paid-in capital)

1999: 08Selected as a Technology-intensive Small and Medium Business (The Small and Medium Business Administration); 04Selected a Performing company for Localization of Machinery, Parts and Materials in 1999 (The Ministry of Commerce, Industry and Energy)

1998: 05Establishment of Woorim Machinery with acquisition of former Woorim Machine Industry)

1993: 06Awarded the Technical-developing Excellent company (Korean electric power corporation)

1983: 10Change of company name into Woorim Machine Industry from PARAMOUNT Machine Industry