Daedong (company)
 | |
Native name | 주식회사 대동 |
|---|---|
| Type | Public |
| KRX: 000490 | |
| Industry | Agricultural machinery |
| Founded | May 20, 1947 |
| Headquarters | |
Area served | Worldwide |
| Key people | Kim Joon-Sik Chairman & CEO |
| Products | Tractors Combines Forage equipment Seeding & Tillage equipment Diesel engines |
| Revenue | KRW 895.7 billion (FY 2020) |
| Website | 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
[edit]Daedong began operations as a metal casting company but soon shifted its focus to agricultural machinery. In 1949, the company produced Korea's first engine.[3] This was followed by introducing Korea's first plow in 1962 and the production of Korea's first tractor in 1968.
In 1971, Daedong produced Korea's first combine harvester, a piece of machinery that improved agricultural efficiency. The company entered the U.S. market in 1982. In 1983, Daedong achieved another milestone by developing and producing multi-cylinder engines using its in-house technology. By 1985, they exported their first tractors. Kioti USA was formed in 1993.[4][5]
This move allowed for future expansion in the North American market.[6][7] The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021.[8]
Kioti Tractor
[edit]Kioti Tractor (/kaɪˈoʊti/ "coyote") is the trade name for Daedong tractors in U.S. and other markets.[9]
Product range
[edit]See also
[edit]References
[edit]- ↑ "Daedong Corp000490.KS". reuters.com. Retrieved 2021-08-20.
- ↑ "Daedong Corp". bloomberg.com. Retrieved 2021-08-20.
- ↑ "대동 70년". www.kamnews.co.kr/news (in Korean). Retrieved 2021-08-20.
- ↑ "Kioti UK Ltd". www.aea.uk.com. Retrieved 2021-08-20.
- ↑ "Tractor maker Kioti unveils its first CTL and skid steer". www.equipmentworld.com. Retrieved 2021-08-20.
- ↑ "Kioti UK Ltd". www.aea.uk.com. Retrieved 2021-08-20.
- ↑ "Tractor maker Kioti unveils its first CTL and skid steer". www.equipmentworld.com. Retrieved 2021-08-20.
- ↑ "Daedong Corporation (000490.KS)". www.finance.yahoo.com. Retrieved 2021-08-20.
- ↑ "KIOTI France Selects ARI's eCatalog Solutions to Support Its Dealers". www.arinet.nl/news. Retrieved 2021-08-20.
- ↑ "Kioti parts catalog". AGA Parts. Retrieved 2021-11-24.
- ↑ "Kioti UTVs catalog". Kioti. Retrieved 2024-09-22.
External links
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