1983~1999
introductory pertiod
Started as WOOSU Mechanical Engineering Company in 1983 and registered as a business partner of Hyundai Motor Company
and Daewoo Motor Company (currently GM Korea), and then expanded its business to the automotive components manufacturing
industry as domestic and global automakers’ TIER-1.
WOOSU Mechanical Engineering Company
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- February
1983 - WOOSU Mechanical Engineering Company was founded. (in Sanho-dong, Masan-si, Gyeongsangnam-do, Republic of Korea)
- February
-
- December
1988 - Registered as a business partner of Hyundai Motor Co., Ltd.
- December
-
- March
1991 - Registered as a business partner of Daewoo Motor Company
- March
-
- December
1993 - Completed the construction of its second factory (in Duseo Agricultural Industrial Complex, Duseo-myeon, Ulju-gun, Ulsan-si, Gyeongsangnam-do, Republic of Korea)
- December
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- May
1995 - Converted its business entity to a corporation
- May
-
- August
1999 - Registered as a business partner of Renault Samsung Motors
- August
2000~2009
leap & growth period
Laid the foundation for sales growth by establishing its Technology Research Center in line with the development of the
automotive industry, being listed on KOADAQ, relocating its Headquarters to newly built Changwon Factory, building its
factories overseas, and establishing a solid position in the automotive components manufacturing industry
WOOSU AMS Co., Ltd. Changwon Headquarters
WOOSU INDIA
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- March
2000 - Established R&D Center of WOOSU AMS (Reg. No. 20001261)
- March
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- February
2003 - Extension of Haman Factory #2
- February
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- February
2003 - Listed on KOSDAQ
- February
-
- June
2004 - Relocated its Headquarters to Changwon, Gyeongnam
- June
-
- April
2007 - Changed the company's name to WOOSU AMS Co., Ltd.
- April
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- September
2007 - WOOSU Precision Co., Ltd. was founded.
- September
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- September
2007 - Established its local subsidiary in India (Chennai)
- September
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- May
2008 - Received the Stone Tower Order of Industrial Service Merit
- May
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- September
2009 - Introduced the air compressor technology (Sanwa seiki, Japan)
- September
2010~2019
extend period
Establish a consistent manufacturing system for materials, processing, and assembly through the construction of a new
Ulsan factory and aluminum die-casting factory, and expand business areas to manufacture micro electric vehicles, drive
modules, and equipment parts as part of a new growth engine
Materials Factory #1
WOOSU AMS Co., Ltd. Ulsan Factory
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- May
2012 - Established a local subsidiary in the Czech Republic
- May
-
- June
2012 - Completed the construction of Ulsan Factory (AMS / WOOSU Precision Branch)
- June
-
- December
2012 - Received the $100 Export Tower Award
- December
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- June
2014 - Established its Technology Research Center
- June
-
- November
2015 - Established WOOSU Casco (Aluminum Die Casting) Factory
- November
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- December
2015 - Established WOOSU Precision Headquarters (Aluminum Die Casting)
- December
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- August
2016 - Selected as an excellent quality products supplier of GM
- August
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- August
2017 - Received Volkswagen DIFF purchase orders
- August
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- July
2018 - Received STELLANTIS CSC purchase orders
- July
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- April
2019 - Received STELLANTIS DIFF purchase orders
- April
-
- August
2019 - Completed the construction WOOSU India Factory #2
- August
-
- December
2019 - Incorporated WOOSU TMM Co., Ltd. as a subsidiary
- December
2020~
the 2nd leap period
Approved its Corporate Restructuring Plan by the Government for manufacturing and sales of micro EVs, EV drive modules
and systems, and devised a new business plan for its second leap
WOOSU AMI Co., Ltd.
WOOSU TMM Co., Ltd.
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- April
2020 - Selected as the lead company for the KEIT initiated national project to promote market independent xEV industry
- April
-
- June
2020 - Signed an MOU between WOOSU TMM and the city government of Ulsan
- June
-
- September
2020 - Approved its Corporate Restructuring Plan by the Ministry of Industry
- September
-
- December
2020 - Incorporated WOOSU AMI as a subsidiary
- December
-
- May
2021 - Selected as one of “National Representative 1,000 Innovative Enterprises”
- May