History

Toward a global company through advanced facilities and continuous R&D

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Global No.1 Creator of Future Materials

Reinvention Stage

2010 - Present

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  • 2024.

    Chairman Si Young Jo received the Gold Tower Order of Industrial Service Merit

  • 2022.

    Introduced the occupational safety and health management system

  • 2021.

    Selected for the Smart Eco-Factory support program by the Ministry of Environment

  • 2019.

    Received new marine and fisheries technology certification for brass alloy wire manufacturing technology for fishing nets

  • 2018.

    Selected for the Global Challengers 200 program by Korea Development Bank

  • 2016.

    Successfully developed a submerged brass fish-net cage and held Asia’s first farmed salmon shipment ceremony

  • 2013.

    Selected for the Global Growth Ladder program by Korea Trade Insurance Corporation

    Selected as a Hidden Champion 육성 company by the Export-Import Bank of Korea

  • 2012.

    ESSENTECH, a brass alloy valve manufacturer, joined the group

    Completed the Dangjin plant

    Established U.S. corporation DAECHANG AMERICA CO.

  • 2011.

    Announced Daechang Group 2020 Vision

    Established Daechang Metal (Shenzhen) Co., Ltd. in Guangdong, China

  • 2010.

    Daechang Group sales surpassed KRW 1 trillion

    Introduced the new GEMBRASS brand alongside the existing BRASSONE brand

    Changed the company name to Daechang Co., Ltd.

A global company leading the basic materials industry

Leap Forward Stage

2000 - 2009

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  • 2009.

    Won the Grand Prize for Korea Green Energy Excellent Company

  • 2008.

    Won the USD 300 Million Export Tower

    Acquired newly established JIS certification

  • 2007.

    Declared the Daechang Group Code of Ethics

  • 2006.

    Won the USD 200 Million Export Tower

    Declared the vision of becoming a future materials company that values resources and grows with society

  • 2005.

    Won the Presidential Prize at the 2005 Environmental Technology Awards for eco-friendly lead-free brass material development

    Acquired ISO 14001 environmental management certification

    Brass bars selected as a next-generation world-class product by the government

  • 2004.

    Established DGSC Co., Ltd. in Hong Kong

    Won the USD 100 Million Export Tower, and Chairman Si Young Jo received the Gold Tower Order of Industrial Service Merit

  • 2003.

    Won the USD 50 Million Export Tower along with the Presidential Award and the Minister of Commerce, Industry and Energy Award

  • 2002.

    Won the Presidential Award at the 2002 International Automation & Precision Equipment Exhibition

    Taewoo Metal, a copper rolling company, joined the group

    Established Guangzhou Bonded Zone Daechang Trading Co., Ltd. in China

  • 2001.

    Chairman Si Young Jo received the Bronze Tower Order of Industrial Service Merit

  • 2000.

    Introduced ERP (Enterprise Resource Planning)

Building Asia’s largest advanced production facilities

Development Stage

1995 - 1999

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  • 1999.

    Obtained EL eco-labeling certification

    Received an industrial medal on Taxpayer’s Day

  • 1998.

    Secured large-scale foreign capital investment of USD 36.1 million from IFC

    Began direct overseas import transactions for the first time in Singapore

    Obtained JIS certification for copper and copper alloy bars

  • 1997.

    Selected as an excellent labor-management cooperation company

    Obtained KS certification for copper and copper alloy wire

    Succeeded in domestic development of copper anodes

  • 1996.

    Achieved No. 1 domestic market share in brass bars

    Obtained ISO 9002 quality system certification

    Obtained the Excellent Machine mark from the Ministry of Commerce, Industry and Energy

  • 1995.

    Won the USD 10 Million Export Tower and received the Prime Minister’s Commendation

    Completed the Sihwa plant, Asia’s largest advanced copper alloy production facility

    Introduced SQC, or Statistical Quality Control

Beginning the preparation to expand worldwide

Growth Stage

1986 - 1994

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  • 1994.

    Successfully issued overseas convertible bonds, the first among Korean SMEs

  • 1993.

    Opened the Busan sales office

    Held the groundbreaking ceremony for the Sihwa plant

  • 1992.

    Won the USD 5 Million Export Tower and the Minister of Commerce and Industry Award

    Began transactions with Lloyds Pacific International in the United States

  • 1991.

    Started construction of the Sihwa plant

    Obtained KS certification for bronze castings

  • 1989.

    Went public and listed on the Korea Stock Exchange

    Opened the computer operations center

  • 1988.

    Established the R&D center

    Established Daechang Co., Ltd. as a dedicated sales subsidiary

  • 1987.

    Obtained KS certification for copper and copper alloy bars

  • 1986.

    Obtained KS certification for copper and copper alloy bars

Writing the history of brass in Korea

Foundation Stage

1977 - 1985

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  • 1985.

    Completed the Banwol plant in Ansan

    Entered a technical cooperation partnership with Sambo Shindo of Japan

    Established subsidiary Wooil Metal Co., Ltd. in the Gunsan Free Trade Zone

  • 1984.

    Established Seowon Co., Ltd., the first subsidiary, in Ansan

    Started construction of the Banwol plant

  • 1981.

    Exported brass products for the first time to Hong Kong

  • 1977.

    Converted into Daechang Industrial Co., Ltd.

Passion and challenge hotter than a 500-degree furnace

Beginning Stage

1968 - 1974

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  • 1974.

    Produced 30 tons of ingot as a primary brass processed product

    Founded Daechang Industrial in Mullae-dong, Yeongdeungpo, Seoul

  • 1970.

    Started operation of the Bupyeong plant

  • 1968.

    Opened Siyoung Industrial, the predecessor of Daechang Industrial, in Mullae-dong, Yeongdeungpo, Seoul