Information
Overview
- Summary
- Cheon Poong Industry Co., Ltd. was a specialized company that previously developed and manufactured its own 2-stroke gasoline engines for agricultural machinery and garden products such as brush cutters, hedge trimmers, and sprayers. It was once a leading domestic producer of brush cutters and exported to approximately 30 countries worldwide, but is currently in liquidation.Cheon Poong Industry Co., Ltd. was a specialized company that previously developed and manufactured its own 2-stroke gasoline engines for agricultural machinery and garden products such as brush cutters, hedge trimmers, and sprayers. It was once a leading domestic producer of brush cutters and exported to approximately 30 countries worldwide, but is currently in liquidation.
- Key Products/Technologies
- Proprietary 2-stroke gasoline engine development and manufacturing technologyProprietary 2-stroke gasoline engine development and manufacturing technology
- Brush Cutters: Various models including KBC-52EUW, KBC-52EUU (52cc), KBC-40EUL, KBC-40EUU, KBC-40EUW, KBC-41GD (40cc), KBC-33EUL, KBC-33EUU, KBC-33EUW, KBC-33GD (33cc), KBC-24EUW, KBC-2400S, KBC-24EUU (24cc)Brush Cutters: Various models including KBC-52EUW, KBC-52EUU (52cc), KBC-40EUL, KBC-40EUU, KBC-40EUW, KBC-41GD (40cc), KBC-33EUL, KBC-33EUU, KBC-33EUW, KBC-33GD (33cc), KBC-24EUW, KBC-2400S, KBC-24EUU (24cc)
- Production of agricultural tools and garden products such as pole chain saws, hedge trimmers, sprayers, engine blowers, and power cultivators (MKF-345, MKF-A430)Production of agricultural tools and garden products such as pole chain saws, hedge trimmers, sprayers, engine blowers, and power cultivators (MKF-345, MKF-A430)
- Core Advantages
- Capability in proprietary 2-stroke gasoline engine technology development and applicationCapability in proprietary 2-stroke gasoline engine technology development and application
- Historical position as the largest domestic producer of brush cutters, indicating market leadershipHistorical position as the largest domestic producer of brush cutters, indicating market leadership
- Unique export record among domestic companies to approximately 30 countries worldwideUnique export record among domestic companies to approximately 30 countries worldwide
- Ability to secure high market share in certain European and Southeast Asian marketsAbility to secure high market share in certain European and Southeast Asian markets
- Significant technological advancement through the acquisition of LG Industrial Systems' engine division in 2001 (historical record)Significant technological advancement through the acquisition of LG Industrial Systems' engine division in 2001 (historical record)
- Target Industries
- Agriculture (agricultural machinery, sprayers, power cultivators, etc.)Agriculture (agricultural machinery, sprayers, power cultivators, etc.)
- Landscaping and Garden Maintenance (brush cutters, hedge trimmers, engine blowers, etc.)Landscaping and Garden Maintenance (brush cutters, hedge trimmers, engine blowers, etc.)
- Major Markets
- Southeast Asia (historical market share leader)Southeast Asia (historical market share leader)
- Europe (historical market share leader)Europe (historical market share leader)
- Certifications/Patents
- Possession of proprietary 2-stroke gasoline engine development and application technologyPossession of proprietary 2-stroke gasoline engine development and application technology
- Strengthening of technical capabilities through the historical acquisition of LG Industrial Systems' engine division in 2001Strengthening of technical capabilities through the historical acquisition of LG Industrial Systems' engine division in 2001
Introduction
Location
47 Seongseogongdan-ro 50-gil, Dalseo District, Daegu, South Korea
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