Corporate History

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2018~2010

2018

Selected as an excellent company in terms of compensation for inventions on the job (Hosted by the Korean Intellectual Property Office/Korean Invention Promotion Association)

The Seongju Plant has been expanded due to an increase in demand for large-size machine models (July).

2016

Renamed as Doosan Machine Tools Co,. Ltd. (May)

Received a citation from the Minister of Trade, Industry, and Energy on "Trade and Security Day".

- Selected as a contributor to the strategic materials compliance system (September).

2015

FM/5AX series won the Red Dot Design Award in the main competition.

2014

PUMA SMX series won the Red Dot Design Award in the main competition.

2013

Completed the construction of Seongju Factory; Expanded its large machine tools manufacturing capacity

2011

Achieved the biggest order amount & sales in the BG’s history

Successfully held the 8th DIMF(Doosan International Machine tools Fair) (a total of 65 units were exhibited.)

2010

High-speed, high-rigidity, multi-axis NC(Numerical Control) lathe was selected as one of Korea’s top 100 technologies of the year 2010

2009~2000

2009

Vertical Machining Center DNM series was chosen as one of Korea’s proud technologies (the National Academy of Engineering of Korea)

2008

Established the largest R&D center in Korea

2007

Integrated with the Doosan Mecatec Machine Tools BG

Achieved KRW 1 trillion in consolidated sales

2005

Renamed “Doosan Infracore” (April)

Won the Technology Innovation Award (the Korean Society for Precision Engineering)

2004

Multi-tasking turning center was selected as one of Korea’s top 10 new technologies of the year 2003

Won the USD 1 Billion Export Tower Award

2003

Certified as Vision-640i Korean New Technology (NT) (Korean Agency for Technology & Standards, Ministry of Trade, Industry and Energy)

Began the construction of a machine tools manufacturing plant in Yantai, China

Won the USD 700 Million Export Tower Award

2002

Chosen as a globally certified testing institute (Korean Agency for Technology & Standards, Ministry of Trade, Industry and Energy)

Selected as a model conglomerate in exports (USD 650 million)

Established a local subsidiary in Yantai, China

2001

CNC(Computerized Numerical Control) lathe was chosen as one of the global top-tier products (Ministry of Trade, Industry and Energy)

The high-speed machining center was chosen as one of Korea’s top 10 new technologies of the year 2001 (Ministry of Trade, Industry, and Energy)

2000

Exported machine tools technology to China (Nantong)

Hit the 50,000 mark in cumulative shipments of machine tools

1999~1990

1999

Won the Iron Tower Order of Industrial Service Merit in recognition our excellent capital goods.

Obtained the IQRS, ISO14000 certifications

1997

Simultaneously developed all models of CNC Lathe New Series (26 models) Received the Iron Tower Order of Industrial Service Merit

1996

Won the Korean National Quality Award/Received the USD 100 Million Export Tower Award (Machine Tools)

1994

Established DMC (Daewoo Machinery Corp.), a U.S. subsidiary

Exported CNC(Computerized Numerical Control) lathe manufacturing technology to China / Surpassed the KRW 100 billion milestone in annual machine tools sales

1993

Obtained ISO 9001 certification

1990

Reached the 10,000 landmark in machine tools production

1980~1970

1986

Received the Parent Management Award

1984

Hit the 5,000 mark in machine tools production

1983

Initiated the production of NC machining centers / exceeded the 3,000 mark in machine tools production

Won the Quality Control Award

1981

Began exporting NC machine tools

1980

Independently developed NC(Numerical Control) lathes (PUMA 10)

1979

Reached the 1,000 milestone in machine tools production

1976

Completed the construction of the machine tools factory