LS Mtron

Last updated
LS Mtron Co., Ltd.
Native name
엘에스엠트론 주식회사
Company type Subsidiary
Industry Machinery and Electronic Components
Founded1977 (as Korea Heavy Industries & Construction Co.)
2008 (as LS Mtron)
Headquarters
Area served
Worldwide
Key people
Koo Bon-Kyu (CEO)
Products Tractors
Injection molding machines
Track Shoes
Connector/Antennas
Revenue KRW 830 billion (FY 2020)
(US$ 710 million) (FY 2020)
Parent LS Group
Website https://www.lsmtron.com/
Footnotes /references
[1]

LS Mtron Co., Ltd. is a South Korean heavy machinery and electronic components manufacturer company headquartered in Anyang, Gyeonggi, South Korea. Its products include tractors, injection molding machines, and electronic components. [2] [3] LS Mtron is a member of LS Group, which was spun off from LG Group in 2003. [4]

Contents

History

In 1977, KHIC (Korea Heavy Industries & Construction Co.) begins the production of tractors in collaboration with Fiat at the Gunpo plant. In 1983, Goldstar Heavy Industries (LS Mtron) acquired KHIC's agricultural machinery division. [5] Currently, LS Mtron has 4 factories in South Korea, Brazil, China and U.S. [6]

Related Research Articles

<span class="mw-page-title-main">Daewoo</span> Defunct South Korean conglomerate

Daewoo also known as the Daewoo Group, was a major South Korean chaebol and automobile manufacturer.

HD Hyundai Heavy Industries Co., Ltd. is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea.

<span class="mw-page-title-main">Loader (equipment)</span> Heavy equipment machine

A loader is a heavy equipment machine used in construction to move or load materials such as soil, rock, sand, demolition debris, etc. into or onto another type of machinery.

<span class="mw-page-title-main">Caterpillar Inc.</span> American construction-equipment manufacturer

Caterpillar Inc., also known simply as CAT, is an American construction, mining and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average.

<span class="mw-page-title-main">Komatsu Limited</span> Japanese industrial machinery company

Komatsu Ltd. or Komatsu (コマツ) is a Japanese multinational corporation that manufactures construction, mining, forestry and military equipment, as well as diesel engines and industrial equipment like press machines, lasers and thermoelectric generators. Its headquarters are in Minato, Tokyo, Japan. The corporation was named after the city of Komatsu, Ishikawa Prefecture, where the company was founded in 1921. Worldwide, the Komatsu Group consists of Komatsu Ltd. and 258 other companies.

<span class="mw-page-title-main">Volvo Construction Equipment</span> Company developing equipment for construction

Volvo Construction Equipment - Volvo CE - is a major international company which develops, manufactures, and markets equipment for construction and related industries. It is a subsidiary and business of the Volvo Group.

<span class="mw-page-title-main">AGCO</span> American agricultural machinery manufacturer

AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

<span class="mw-page-title-main">FAW Group</span> Chinese state-owned automobile manufacturer

China FAW Group Corp., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin. Founded on 15 July 1953, it is currently the second largest of the "Big Four" state-owned car manufacturers of China, together with SAIC Motor, Dongfeng Motor Corporation and Changan Automobile.

Doosan Group is a South Korean multinational conglomerate corporation. In 2009, the corporation was placed in the Fortune Global 500 index. It is the parent company of Bobcat and Škoda Power. Doosan Group is the oldest running company in South Korea and is ranked as one of the world's top 10 largest heavy equipment manufacturers in 2018.

<span class="mw-page-title-main">LS Cable & System</span> South Korean industrial corporation

LS Cable & System is a South Korea-based industrial corporation with global operations and one of the biggest cable manufacturers worldwide. Its products comprise power and telecommunication cables and systems, as well as integrated modules and other related industrial materials. LS Cable & System furthermore provides engineering services, installation and commissioning of high voltage and extra high voltage landlines as well as turnkey submarine cabling project execution.

TYM CORPORATION is a South Korean agricultural machinery manufacturing company headquartered in Seoul, South Korea with operations in more than 40 countries. The company began in 1951, founded in Busan, South Korea, as the Tong Yang Moolsan and was renamed "TYM" in 2020. TYM designs, produces, and sells tractors, combines, cultivators, rice transplanters and diesel engines.

<span class="mw-page-title-main">Daedong (company)</span> South Korean tractor company

Daedong Corporation, also known by the brand name Kioti in North America, is a South Korean agricultural machinery manufacturer founded in 1947 and headquartered in Daegu, South Korea. Its main products include tractors, combine harvesters, all-terrain utility vehicles and engines.

<span class="mw-page-title-main">Agricultural machinery</span> Machinery used in farming or other agriculture

Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming. Especially since the advent of mechanised agriculture, agricultural machinery is an indispensable part of how the world is fed. Agricultural machinery can be regarded as part of wider agricultural automation technologies, which includes the more advanced digital equipment and robotics. While agricultural robots have the potential to automate the three key steps involved in any agricultural operation, conventional motorized machinery is used principally to automate only the performing step where diagnosis and decision-making are conducted by humans based on observations and experience.

Zoomlion Heavy Industry Science and Technology Co., Ltd. is a Chinese construction machinery and agricultural machinery manufacturer. Its headquarters are in the Zoomlion Science Park in Changsha, Hunan, China. Zoomlion is China's largest and world's fifth largest construction machinery enterprise.

<span class="mw-page-title-main">Hanwha Group</span> South Korean conglomerate

Hanwha Group is a large business conglomerate (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co., the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives—their original business—to energy, materials, aerospace, mechatronics, finance, retail, and lifestyle services. In 1992, the company adopted its abbreviation as its new name: "Hanwha".

Xuzhou Construction Machinery Group Co., Ltd. is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1943, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands.

<span class="mw-page-title-main">Agricultural machinery industry</span> Subsector of the industry

The agricultural machinery industry or agricultural engineering industry is the part of the industry, that produces and maintain tractors, agricultural machinery and agricultural implements used in farming or other agriculture. This branch is considered to be part of the machinery industry.

<span class="mw-page-title-main">LG</span> South Korean conglomerate corporation

LG Corporation, formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries.

<span class="mw-page-title-main">We Ride (Brave Girls song)</span> 2020 single by Brave Girls

"We Ride" is a song recorded by South Korean girl group Brave Girls. It was digitally released on August 14, 2020, by Brave Entertainment and distributed by Kakao M.

References

  1. "엘에스엠트론연결감사보고서 2020.12". dart.fss.or.kr. Retrieved 2021-08-18.
  2. "LS Mtron to oversee sales of its machines in US following acquisition of DJA". www.plasticsnews.com. Retrieved 2021-08-18.
  3. "Rubber Tracks for Defense and Security Market with Covid-19 Impact Analysis". themarketwriteup.com. Retrieved 2021-08-18.
  4. "LS Group's third-gen successors move up in executive reshuffle". www.mk.co.kr/news. Retrieved 2021-08-18.
  5. "LS Tractor History" (PDF). www.lsmtron.com. Retrieved 2021-08-18.
  6. "After Making Its Mark in North America, LS Mtron Eyes Brazil for Continued Growth". www.agequipmentintelligence.com. Retrieved 2021-08-18.