Daedong (company) explained

Daedong Corporation
Native Name:주식회사 대동
Native Name Lang:ko
Type:Public
Hq Location City:Daegu, South Korea
Key People:Kim Joon-Sik
Chairman & CEO
Industry:Agricultural machinery
Products:Tractors
Combines
Forage equipment
Seeding & Tillage equipment
Diesel engines
Revenue:KRW 895.7 billion (FY 2020)
Area Served:Worldwide
Homepage:https://www.daedong.co.kr
https://www.kioti.com
Footnotes:[1]

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 .[2]

History

At first, Daedong's business was primarily in metal casting. Daedong began producing agricultural machinery in 1949.[3]

By 1985, rhey exported their first tractors. Kioti USA was formed 1993.[4] [5] The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021.[6]

Kioti Tractor

Kioti Tractor ("coyote") is the trade name for Daedong tractors in U.S. and other markets.[7]

Product range

See also

External links

Notes and References

  1. Web site: Daedong Corp000490.KS. 2021-08-20. reuters.com.
  2. Web site: Daedong Corp. 2021-08-20. bloomberg.com.
  3. Web site: 대동 70년. 2021-08-20. www.kamnews.co.kr/news. ko.
  4. Web site: Kioti UK Ltd. 2021-08-20. www.aea.uk.com.
  5. Web site: Tractor maker Kioti unveils its first CTL and skid steer. 2021-08-20. www.equipmentworld.com.
  6. Web site: Daedong Corporation (000490.KS). 2021-08-20. www.finance.yahoo.com.
  7. Web site: KIOTI France Selects ARI’s eCatalog Solutions to Support Its Dealers. 2021-08-20. www.arinet.nl/news.
  8. Web site: Kioti parts catalog. AGA Parts. 2021-11-24.