February 1953 |
Foundation of Sin-Han Bearing Industry Co. Ltd.
(Total capital - 5 million won) |
January 1964 |
Inauguration of Korea Chemical Co. Ltd. as a sister company |
May 1964 |
Change of name to Korea Bearing Industry Co. Ltd. |
April 1971 |
Merged with Japan Precision Co. Ltd., Korea Precision Co. Ltd. was founded |
June 1973 |
Registered at Korea Stock Market |
January 1977 |
Formed technology-exchange with Japan Heavy Industry Co. Ltd. in industrial heat treatment |
June 1978 |
Appointed as a total manufacturing company of metal treating machinery |
May 1980 |
Formed technology-exchange with Sankisa (Japan) in conveyer. |
July 1980 |
M&A of Korea Precision Co. Ltd. |
August 1980 |
Obtained KS mark in ball-bearing field |
March 1982 |
Change of name to Korea Total Machinery Co. Ltd. |
December 1986 |
Obtained KS mark in taper & roller bearing |
September 1987 |
Founded Korea Automobile Parts Co. Ltd. in partnership with Ford Co. Ltd. (US) |
September 1987 |
Founded Korea Precision Co. Ltd. in partnership with NSK (Japan) |
September 1988 |
Founded Korea Barcus Co. Ltd. in partnership with Barcus Co. Ltd. (US) |
March 1989 |
Formed technology-exchange with Takasa(Japan) in CNC shelf machining center |
October 1989 |
Contracted with Sankisa(Japan) in auto-warehouse technical support |
September 1991 |
Acquired Universal Bearings Inc. (US) |
September 1993 |
Merged with Korea Barcus Co. Ltd. |
March 1994 |
Formed technology-exchange with SKF (Sweden) in hub bearing unit. |
October 1994 |
Change of name to Hanwha Machinery Co. Ltd. |
January 1995 |
Acquired Sammi Precision Co. Ltd. and change of name to Hanwha Precision
Co. Ltd. |
November 1995 |
Founded SKF Hanwha Automobile Parts Co. Ltd. in partnership with SKF (Sweden) |
December 1995 |
Obtained International Standardization Organization (ISO 9002) at Changwon Factory 1 |
December 1995 |
Merged with Hanwha Precision Co. Ltd. |
December 1995 |
Increase of capital to 49 billion and 8 thousand million won. |
December 1995 |
Obtained Exemplified Certificate of environmental administration (ISO , DIS-14001) at Changwon Factory 1 |
March 1996 |
Founded Hanwha-GKN Co. Ltd. in partnership with GKN(England) |
