Company History
IntroduceCompany History
-
February 2017
- Acquired COSMOLINK VINA, a Vietnamese subsidiary
-
December 2013
- Added business purpose related to steam business
-
March 2013
- Acquired COSMOLINK Co., Ltd.
-
March 2011
- Change of CEO (Inauguration of CEO H.S. Park)
-
December 2010
- Graduated from a loan workout by joining KBI Group
- Change of the largest shareholders (KBI AutoTech and 3 others) with paid-in capital increase (22 billion KRW)
- Resolutions of the creditors’ debt-equity swap of 8 banks (62 billion KRW)
-
July 2010
- Applied for a loan workout
-
February 2008
- A merger of MB Metal by MB Seongsan
-
March 2006
- Changed the company name to MB Metal Co., Ltd. (Seonjin Metal Co., Ltd. → MB Metal Co., Ltd.)
-
December 2005
- Determination to terminate a reconciliation (Suwon District Court on Dec. 16, 2005)
-
November 2005
- Debt reconciliation and paid-in capital increase (13.2 billion KRW after capital increase)
-
April 2002
- Delisting from the Korea Stock Exchange (May 21, 2002)
-
March 2002
- Capital reduction (Capital after reduction 1,164,510,000 KRW)
-
January 1999
- Approval of a reconciliation (Suwon District Court)
-
May 1997
- Started the operation of the expanded JCR Line of Eumseong Factory (85,000 MT per year)
- Started the operation of the expanded AL Rod of Ansan Factory (30,000 MT per year)
-
September 1996
- Started the operation of the SCR Line of Eumseong Factory (135,000 MT per year)
-
July 1996
- Listed on the Korea Stock Exchange
-
October 1995
- Completed new SCR Line at Eumseong Factory
-
May 1994
- Established and completed the R&D Center
-
November 1993
- Registered to the OTC stock market
-
June 1991
- Copper production by completion of Eumseong Factory and continuous casting facility
-
January 1988
- Started the production of high-purity aluminum wire
-
December 1987
- Started the production of copper rod by 3-stage rolling mill
-
February 1986
- Started the production of aluminum rod (annual production volume of 18,000 tons)
-
August 1985
- Established the company in Moknae-dong, Ansan
-
November 2008
- A small scale merger with OSK International Co., Ltd.
-
December 2007
- Changed the company name from Hankook Seongsan Co., Ltd. to MB Seongsan Co., Ltd.
-
November 2007
- Established the R&D center
-
March 2005
- Added the business purpose (production and sales of automotive electronic parts)
-
June 2004
- Constructed a new R&D building (758.46㎡)
-
July 2003
- Acquired a factory site (9,971㎡) and building (1,997.73㎡)
- 103-5 Bonri-ri, Nongong-eup, Dalseong-gun, Daegu, Republic of Korea
-
January 2003
- Constructed the 3rd factory (2,303.8㎡)
-
June 2000
- Signed a technical guidance contract for processing of motor cases with Nippon Sanso Electronics Co., Ltd. and RK Manufacturing Co., Ltd.
-
June 1997
- Signed a support contract for winding processing technology with Nippon Sanso Electronics Co., Ltd.
-
November 1995
- Received $10 Million Export Tower Award
-
December 1994
- Registered to the Korea Securities Dealers Association Brokage Market
-
February 1994
- Developed the automatic additive tooling of the motor core for the first time as the Production Technology Development Institute of the Ministry of Commerce-Industry and Seoul National University of Science and Technology
-
November 1992
- Received the Daegu Metropolitan City SMEs Award
-
November 1989
- Received $5 Million Export Tower Award
-
July 1988
- Designated as a technology-intensive SME (Minister of Commerce-Industry)
-
February 1987
- Established Korea-Japan Joint Venture to produce motors and transformer cores
