Article Categories Recommended Products Buying Leads Show e-Book e-Newsletter

 HOME  >  Raw Materials 
Hydraulic & Pneumatic Sealings

[Hydraulic & Pneumatic Sealings]

Mr. Kim Sang-don, CEO of Wonyoung Seal Corporation (wonyoung.co.kr) was awarded the 45th Trader of the Month for his contribution in achieving the excellent export performance of Wonyoung Seal Corporation, a Korea¡¯s hydraulic and pneumatic sealing product company.

Wonyoung Seal Corporation was established as an enterprise specializing in manufacturing and supplying hydraulic and pneumatic sealing and packing products in 1991.

Since its establishment, the company has continued to tap new markets at home and abroad with hydraulic and pneumatic sealing products designed for industries and heavy machinery. Since 2005, WYS has provided vehicle seals, which have been internationally recognized for their quality and technology, and has become established as an international oil seal manufacturer and supplier to large vehicle manufacturers both within and outside of South Korea.

While China is rapidly emerging as a major economic power, Wonyoung is establishing stable foundations for growth in the market by setting up a local subsidiary with its own factory in Quingdao, China.Now, the local subsidiary serves as an advance base for export expansion by the head office in Korea, and submits products to international exhibitions in China every year in order to enter the rapidly growing Chinese market faster than others and hold a dominant position in sales. As
a result, Wonyoung¡¯s exports have soared significantly.

Despite the recent unfavorable conditions in the global markets, the company¡¯s sales have been showing an upward trend. Wonyoung achieved 5.2 billion won in 2008 and 6.9 billion won in revenues in 2009, respectively. Building on this, the company recorded 8.1 billion won in 2010, whereas the shrinking economies in China and Europe put the company¡¯s revenues in 2011 at a similar level to the previous year.

Construction machine and industrial heavy equipment industry in Korea have achieved enormous improvement through the consistent R&D efforts and investments on the core technologies from large companies for the past 30 years. However, the hydraulic and pneumatic sealing and packing technologies have relatively lagged behind and still depend largely on the imports from Japan and other countries.

To overcome the technological gap, all employees of Wonyoung have exerted all their efforts to retain the best hydraulic and pneumatic sealing and packaging technologies in the world.

As a result of intensive R&D investments in the past five years, Wonyoung has come to launch superior quality seal and packing materials whose quality has been recognized by clinching supply contracts with Korea¡¯s leading companies such as Doosan Infracore, Dongyang Mechatronics and Everdigm.
Mr. Kim Sang-don, CEO of Wonyoung Seal Corporation (wonyoung.co.kr) was awarded the 45th Trader of the Month for his contribution in achieving the excellent export performance of Wonyoung Seal Corporation, a Korea¡¯s hydraulic and pneumatic sealing product company. Wonyoung Seal Corporation was established as an enterprise specializing in manufacturing and supplying hydraulic and pneumatic sealing and packing products in 1991. Since its establishment, the company has continued to tap new markets at home and abroad with hydraulic and pneumatic sealing products designed for industries and heavy machinery. Since 2005, WYS has provided vehicle seals, which have been internationally recognized for their quality and technology, and has become established as an international oil seal manufacturer and supplier to large vehicle manufacturers both within and outside of South Korea. While China is rapidly emerging as a major economic power, Wonyoung is establishing stable foundations for growth in the market by setting up a local subsidiary with its own factory in Quingdao, China. Now, the local subsidiary serves as an advance base for export expansion by the head office in Korea, and submits products to international exhibitions in China every year in order to enter the rapidly growing Chinese market faster than others and hold a dominant position in sales. As a result, Wonyoung¡¯s exports have soared significantly. Despite the recent unfavorable conditions in the global markets, the company¡¯s sales have been showing an upward trend. Wonyoung achieved 5.2 billion won in 2008 and 6.9 billion won in revenues in 2009, respectively. Building on this, the company recorded 8.1 billion won in 2010, whereas the shrinking economies in China and Europe put the company¡¯s revenues in 2011 at a similar level to the previous year. Construction machine and industrial heavy equipment industry in Korea have achieved enormous improvement through the consistent R&D efforts and investments on the core technologies from large companies for the past 30 years. However, the hydraulic and pneumatic sealing and packing technologies have relatively lagged behind and still depend largely on the imports from Japan and other countries. To overcome the technological gap, all employees of Wonyoung have exerted all their efforts to retain the best hydraulic and pneumatic sealing and packaging technologies in the world. As a result of intensive R&D investments in the past five years, Wonyoung has come to launch superior quality seal and packing materials whose quality has been recognized by clinching supply contracts with Korea¡¯s leading companies such as Doosan Infracore, Dongyang Mechatronics and Everdigm.

E-mail: wonyoung@wonyoung.co.kr
Tel: (82-32)864-3438
Fax: (82-32)864-8281
Website: wonyoung.co.kr
 
   Article Categories
Special Report

Cover Story

Industry In-Depth

Pioneers

World-OKTA

Company to Watch

Focus

Expo Preview I

Expo Preview II

Export Leader

The Excellent Company Brand of Seoul

KIMES 2011

KOTRA Seal of Excellence

World-Class Products of Korea

EXCO

COEX

KINTEX

BEXCO

CECO

KIMDAEJUNG CONVEN..

GSBC

Korea¡¯s Globally Competitive Exhibitions

Industry Trends

Korea¡¯s Major Exhibitions in 2011

KEITI

Special Features

Hi Seoul Brand Project

Products Recommended by KICOX

KEPCO KDN

KOAMI

Best Products from Chungbuk, Korea

2011 G-FAIR KOREA

BEPA (Busan Ecinimic Promotion Agency)

The Excellent Company in Suwon, The Republic of Korea

Industry Trends

Spotlight

FTA Feature

The Best Companies of Seongdong-gu, Seoul

Exhibition Preview

Trade News

Tourist Attractions

Introduciton to BJFEZ

Introduction to KITA

Expo Preview

New Excellent Product

Best Products from Jeollanam-do, Korea

G-FAIR KOREA

The Best Trader of The Month

Introduction to Major FEZs in South Korea

Gangdong-gu Office

exco

SETEC

Introduction to GFEZ

2013 Automotive Week

Special report¥±

Introduction to KOTRA

Seoul Motor Show 2013

New & Hot

Maekyung Buyersguide Corp.'s Korea Buyers Guide, an overseas publicity / marketing magazine for Korean merchandise,
has proudly contributed to export expansion of South Korea for more than 30 years since January 1974.
About Us     |     Subscription     |     Agent Wanted     |     Free Copy Event     |     Contact Us
Copyright(c) 2015 Maekyung BuyersGuide Corp. All right reserved.