Corporate History

1980 ~ 1989

Hwacheon's new tradition towards a 100 years

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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.

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