Corporate History

1991 ~ 1999
Hwacheon's new tradition towards a 100 years
  • 1999
    11. Hwacheon Machinery Works wins the CE-Mark certification.
    Hwacheon Machine Tool goes public.
  • 1998
    12. Ministry of Employment and Labor names Hwacheon Machinery Works a model capital-labor collaboration enterprise.
    09. Hwacheon Gears Industries wins ISO 9001 certification.
    05. Hwacheon Machine Tool receives Labor Day Industrial Commendation
    03. Hwacheon Machine Tool begins the environment campaign.
  • 1997
    08. Hwacheon Machinery America established.
    04. Hwacheon Machinery Works develops KANDAN-2, an easy-to-operate PC-NC milling machine, for the first time in Korea.
  • 1996
    12. Hwacheon Gears Industries wins the CE-Mark certification.
    08. Hwacheon Machine Tool receives the EM certification.
    Hwacheon Machinery Works develops MEGA-58, a semi-CNC lathe.
  • 1995
    09. Hwacheon Machine Tool wins the ISO 9001 certification.
    05. TPS Korea is established.
    04. Hwacheon Gears Industries relocates its manufacturing facility to Hanam Industrial Complex.
  • 1994
    12. Hwacheon Machinery Works receives ISO 9001 certification.
  • 1993
    12. Hwacheon Europe GmbH is established.
    05. Hwacheon Machinery Works U.S. office opens for business.
  • 1992
    01. Hwacheon headquarters moves to a new location in Bangbae-dong, Seoul.
  • 1990
    10. Hwacheon Gears Industries changes its name to Seoam Machineries
    07. Hwacheon Machinery Works wins a contract to supply Hyundai Motor Company with the V-6 cylinder blocks for Hyundai's Sigma Engine.
  • 1991
    05. Hwacheon Machinery Works corporate lab launches.
    04. Seoam Venture Capital Corporation is established.