SIMPAC Incorporated


Company history

1973 Established Dongsung Development Mfg.co.Ltd.
1981 Commenced export marketing of presses
1982 Awarded "Good Quality Mark"for presses from the Government Authority
1986 Joined to "Ssangyong Business Group"
1987

Awarded "1 st degree of Factory Quality Control" from the government Authority

1989

Changed company name to "Ssangyong Precision Industry Industry Co,Ltd." Listed on the Korean Stock Exchange

1991 Established Technical R & D Center
1996 Certified the Quality Assurance complying with DIN EN ISO 9001 BY TUV-CERT
1996

First in Korea,awarded "EM(Excellent Machinery)Mark" proving quality of press machines, components and raw material

2000

Award for "Most Excellent Enterprise with Management and Union Relations"from the Ministry of Labors

2001

Certified Safety Mark [S Mark]first in Korea.

2001

Majority Shareholder changed to Woori Asset Investment Co,Ltd.from Ssangyong Group

2001 Changed the company name to SIMPAC INC & Separated from SSANGYONG GROUP.
2003 Introduced with CAD Drawing System.
2003

Joined SIMPAC ENG as a branch of SIMPAC INC

2004

Certified the Quality Assurance Complying with ISO 9001

2004 Established SIMPAC TIAJIN CO.,LTD in China & SIMPAC MACHINERY SDN.BHD in Malaysia.