LS Mtron explained

LS Mtron Co., Ltd.
Native Name:엘에스엠트론 주식회사
Native Name Lang:ko
Type:Subsidiary
Foundation:1977 (as Korea Heavy Industries & Construction Co.)
2008 (as LS Mtron)
Hq Location City:Anyang, Gyeonggi, South Korea
Key People:Koo Bon-Kyu (CEO)
Industry:Machinery and Electronic Components
Products:Tractors
Injection molding machines
Track Shoes
Connector/Antennas
Revenue:KRW 830 billion (FY 2020)
(US$ 710 million) (FY 2020)
Parent:LS Group
Area Served:Worldwide
Homepage:https://www.lsmtron.com/
Footnotes:[1]

LS Mtron Co., Ltd. is a South Korean heavy machinery and electronic components manufacturer company headquartered in Anyang, Gyeonggi, South Korea. Its products include tractors, injection molding machines, and electronic components.[2] [3] LS Mtron is a member of LS Group, which was spun off from LG Group in 2003.[4]

History

In 1977, KHIC (Korea Heavy Industries & Construction Co.) begins the production of tractors in collaboration with Fiat at the Gunpo plant. In 1983, Goldstar Heavy Industries (LS Mtron) acquired KHIC's agricultural machinery division.[5] Currently, LS Mtron has 4 factories in South Korea, Brazil, China and U.S.[6]

External links

Notes and References

  1. Web site: 엘에스엠트론연결감사보고서 2020.12. 2021-08-18. dart.fss.or.kr.
  2. Web site: LS Mtron to oversee sales of its machines in US following acquisition of DJA. 2021-08-18. www.plasticsnews.com.
  3. Web site: Rubber Tracks for Defense and Security Market with Covid-19 Impact Analysis. 2021-08-18. themarketwriteup.com.
  4. Web site: LS Group’s third-gen successors move up in executive reshuffle. 2021-08-18. www.mk.co.kr/news.
  5. Web site: LS Tractor History. 2021-08-18. www.lsmtron.com.
  6. Web site: After Making Its Mark in North America, LS Mtron Eyes Brazil for Continued Growth. 2021-08-18. www.agequipmentintelligence.com.