Corporate History

1980 ~ 1989
Hwacheon's new tradition towards a 100 years
  • 1989
    09. Hwacheon Machine Tool corporate lab launches.
    01. Hwacheon Machine Tool has a new address at Hanam Industrial Complex.
  • 1988
    12. Hwacheon Machinery Works goes public.
    Hwacheon Machinery Works comes up with NCTC, another first in Korea.
  • 1987
    10. Hwacheon Machine Tool builds a horizontal machining center.
    08. Hwacheon Machine Tool builds the No. 7 milling machine, for the first time in Korea.
  • 1986
    11. Hwacheon Gears Industries moves to a new location at Hanam Industrial Complex
  • 1985
    12. Hwacheon Machinery Works builds Korea's first NCTC miling machine.
    06. Hwacheon USA is established.
  • 1984
    09. Hwacheon Machinery Works headquarters moves to a new address.
    02. Hwacheon Machinery Works wins Technology Advancement Industrial Merit Award.
  • 1983
    10. Hwacheon Machine Tool makes a CNC milling machine and a copy milling machine, both of them first in Korea.
    07. Hwacheon Machine Tool Company changes its name to Hwacheon Machine Tool.
    Hwacheon Machine Tool Company merges with Hwacheon Foundry.
    Industrial Development Administration picks Hwacheon as a "1st-class quality control manufacturer."
  • 1980
    11. Hwacheon Machine Tool Company receives a presidential commendation for overseas sales achievement.
    04. Hwacheon Gears Industries purchases and merges with Hwacheon Chucks.