Company Profile

  • History


  • 2011 – Present

    Presidential commendation for root industry promotion

    Selected as the master root company by Ministry of Trade, Industry and Energy

    Commendation of Minister of Trade, Industry and Energy for trade promotion and development

    Expansion and relocation of the 2nd factory(New Sihwa factory, Production of industrial machinery and equipment machining and assembly)

    $30 million export award

    Certified as a world-class product and world-class manufacturer (Ministry of Knowledge Economy)

    Acquired certificate from German Railways(DB)

  • 2001 - 2010

    Acquired IATF 16949 quality certificate

    $20 million export award

    Expansion and relocation of the 2nd factory

    Awarded the National Tax Service Commissioner’s Commendation

    Won the best taxpayer award

    Won the Prime Minister’s Award for casting technology at a production-based technology competition

    Prime Minister’s Commendation for the promotion and development of rail transport

    SQ(Supplier Quality Certification) acquired from Hyundai/Kia Motors

    Selected as a promising company for export (Incheon Small and Medium Business Administration)

  • 1994 - 2000

    Operation of 2nd factory (Machining and assembly of industrial machinery)

    Lightweight shoulder was selected as quality assurance item from Korean Railway

    Acquired ISO 9001 Quality Certification from AFAQ

    Completion of new factory at Namdong-gu, Incheon

    Spun off from Dongyang Steel Pipe Co., Ltd. and established Dongyang Cast Iron Co., Ltd.

  • IATF 16949 (2018)
  • ISO 9001 (2018)
  • SQ Certificate(Hyundai, Kia)
  • German DB Certificate
  • Designation Letter of outstanding company for productivity improvement-Minister of Industry and Trade
  • Company affiliated laboratory accreditation
  • Certificate of selection of master root enterprise-Minister of Industry and Trade
  • World-class product Certificate-Minister of Knowledge Economy
  • Presidential Commendation-Root industry promotion
  • Prime Minister’s commendation-Production Technology competition
  • Prime Minister’s commendation-Rail transport promotion
  • Commendation of Minister of Trade, Industry and Energy-Trade Promotion
  • Commendation of Minister of Trade, Industry and Energy-Small business promotion
  • Incheon City Mayor’s commendation-Economic revitalization
  • National Tax Service Commissioner’s commendation-Faithful Taxation
  • Export trophy on Trade Day
  • long-term appreciation plaque for the world class product selection company - Kotra