Overview
- Summary
- LS Mtron Co., Ltd. is a leading South Korean agricultural machinery manufacturer, aspiring to become a global top-tier company in industrial machinery and advanced components. The company offers innovative solutions to customers through a diverse business portfolio including tractors, injection molding machines, electronic components, and specialized track shoes. Under its 'Be the ONE' vision, it pursues the best talent, No.1 products, and winning partnerships, continuously creating a new world through ongoing technological development and innovation.LS Mtron Co., Ltd. is a leading South Korean agricultural machinery manufacturer, aspiring to become a global top-tier company in industrial machinery and advanced components. The company offers innovative solutions to customers through a diverse business portfolio including tractors, injection molding machines, electronic components, and specialized track shoes. Under its 'Be the ONE' vision, it pursues the best talent, No.1 products, and winning partnerships, continuously creating a new world through ongoing technological development and innovation.
- Key Products/Technologies
- Tractors encompass a wide range of models such as the XG Series (XG3135, XG3140), XU Series (XU6158, XU6163, XU6168), LS MINI, MT7, MT5, MT4, MT3, MT1, T7, T5 DC, T6, T6 DC, V6120A, MRP65D(R), and MRP85D(R). The MT7 SmarTrek, Korea's first commercial autonomous tractor, incorporates innovative technology for autonomous forward/backward driving and linkage with agricultural implements, reducing work hours by 17% and increasing harvests by 8%. The iTractor, a remote monitoring service based on telematics technology, provides real-time tractor status checks and necessary maintenance information.Tractors encompass a wide range of models such as the XG Series (XG3135, XG3140), XU Series (XU6158, XU6163, XU6168), LS MINI, MT7, MT5, MT4, MT3, MT1, T7, T5 DC, T6, T6 DC, V6120A, MRP65D(R), and MRP85D(R). The MT7 SmarTrek, Korea's first commercial autonomous tractor, incorporates innovative technology for autonomous forward/backward driving and linkage with agricultural implements, reducing work hours by 17% and increasing harvests by 8%. The iTractor, a remote monitoring service based on telematics technology, provides real-time tractor status checks and necessary maintenance information.
- LS Engines represent a core technology, independently developing and producing various models that meet Tier3 and Tier4 emission standards. Quality enhancement is achieved through automated assembly processes, ECU data management, and automatic performance testing, with continuous analysis of 18 key performance indicators including HC, NOx, CO, and CO2. Production capabilities include a 95% automated equipment system, unmanned logistics, and environmentally friendly manufacturing processes for high-quality and high-efficiency engines.LS Engines represent a core technology, independently developing and producing various models that meet Tier3 and Tier4 emission standards. Quality enhancement is achieved through automated assembly processes, ECU data management, and automatic performance testing, with continuous analysis of 18 key performance indicators including HC, NOx, CO, and CO2. Production capabilities include a 95% automated equipment system, unmanned logistics, and environmentally friendly manufacturing processes for high-quality and high-efficiency engines.
- Injection molding machines include diverse hybrid and electric models such as the 'the ONE* Series', 'WIZ-VR Series', and 'WIZ-PLT Series'. These specialized machines for heat-resistant polymer resins ensure mass production quality for components in 24-hour operating devices like mobile phones and electronic gadgets. Solutions incorporate precision control systems, intelligent energy management for up to 30% power consumption reduction, and AI-based predictive maintenance technology to maximize productivity.Injection molding machines include diverse hybrid and electric models such as the 'the ONE* Series', 'WIZ-VR Series', and 'WIZ-PLT Series'. These specialized machines for heat-resistant polymer resins ensure mass production quality for components in 24-hour operating devices like mobile phones and electronic gadgets. Solutions incorporate precision control systems, intelligent energy management for up to 30% power consumption reduction, and AI-based predictive maintenance technology to maximize productivity.
- The Electronic Components business provides wireless and wired high-speed transmission solutions, including advanced components like antennas and electrical connectors. The Specialized (Track Shoe) business offers global advanced track solutions, including the production of continuous tracks.The Electronic Components business provides wireless and wired high-speed transmission solutions, including advanced components like antennas and electrical connectors. The Specialized (Track Shoe) business offers global advanced track solutions, including the production of continuous tracks.
- Core Advantages
- Technological leadership in autonomous farming machinery, demonstrated by the development and launch of Korea's first commercial autonomous tractor, the MT7 SmarTrek. Continuous investment in R&D and innovation, leading to the development of in-house engines, parts, and attachments, supported by advanced manufacturing facilities.Technological leadership in autonomous farming machinery, demonstrated by the development and launch of Korea's first commercial autonomous tractor, the MT7 SmarTrek. Continuous investment in R&D and innovation, leading to the development of in-house engines, parts, and attachments, supported by advanced manufacturing facilities.
- A robust global network with approximately 500 sales branches in over 40 countries, complemented by localized strategies through overseas production bases in the U.S., China, and Brazil. Strategic partnerships with leading global agricultural machinery manufacturers such as New Holland, CASE IH, and CLAAS, expanding its global market share.A robust global network with approximately 500 sales branches in over 40 countries, complemented by localized strategies through overseas production bases in the U.S., China, and Brazil. Strategic partnerships with leading global agricultural machinery manufacturers such as New Holland, CASE IH, and CLAAS, expanding its global market share.
- Consistent recognition as #1 in the tractor category for four consecutive years in the North American Equipment Dealers Association (EDA) Dealer's Choice Award, excelling in product quality, parts quality, and product availability. Award-winning innovative designs (Good Design Award, Excellent Design Award) and the capability to develop customized products for local markets, meeting diverse customer needs.Consistent recognition as #1 in the tractor category for four consecutive years in the North American Equipment Dealers Association (EDA) Dealer's Choice Award, excelling in product quality, parts quality, and product availability. Award-winning innovative designs (Good Design Award, Excellent Design Award) and the capability to develop customized products for local markets, meeting diverse customer needs.
- Customer-centric service capabilities, including rapid product delivery (averaging 7 days after order receipt) and expanded logistics warehouses in key locations for swift parts supply, reducing dealer inventory burden and responding promptly to market demands. A diversified business portfolio encompassing agricultural machinery, injection molding machines, electronic components, and specialized track shoes, ensuring stable growth drivers.Customer-centric service capabilities, including rapid product delivery (averaging 7 days after order receipt) and expanded logistics warehouses in key locations for swift parts supply, reducing dealer inventory burden and responding promptly to market demands. A diversified business portfolio encompassing agricultural machinery, injection molding machines, electronic components, and specialized track shoes, ensuring stable growth drivers.
- Target Industrie
- Agriculture: Supply of agricultural machinery and engines, including tractors, combines, and rice transplanters.Agriculture: Supply of agricultural machinery and engines, including tractors, combines, and rice transplanters.
- Construction: Provision of engines for industrial equipment such as forklifts, skid loaders, and power generators, along with specialized track shoe products.Construction: Provision of engines for industrial equipment such as forklifts, skid loaders, and power generators, along with specialized track shoe products.
- Automotive: Production of automotive components using injection molding machines and provision of turnkey solutions.Automotive: Production of automotive components using injection molding machines and provision of turnkey solutions.
- Home Appliances and Electronics: Manufacturing of components for home appliances and electronic devices like mobile phones and computers using injection molding machines.Home Appliances and Electronics: Manufacturing of components for home appliances and electronic devices like mobile phones and computers using injection molding machines.
- Medical: Production of medical device components through injection molding machines.Medical: Production of medical device components through injection molding machines.
- Major Markets
- Various African countriesVarious African countries
- China (tractor factory in Qingdao, injection molding machine subsidiary in Wuxi), India, Southeast Asia, UzbekistanChina (tractor factory in Qingdao, injection molding machine subsidiary in Wuxi), India, Southeast Asia, Uzbekistan
- Turkey, France, Germany, Poland, Other European countriesTurkey, France, Germany, Poland, Other European countries
- United States (tractor subsidiary, injection molding subsidiary LSIU, logistics warehouses), CanadaUnited States (tractor subsidiary, injection molding subsidiary LSIU, logistics warehouses), Canada
- AustraliaAustralia
- Brazil (tractor factory)Brazil (tractor factory)
- Certifications/Patents
- Acquisition of ISO 9001 and ISO 14001 certifications for engine products, demonstrating world-class quality and environmental management systems.Acquisition of ISO 9001 and ISO 14001 certifications for engine products, demonstrating world-class quality and environmental management systems.
- Recipient of the North American Equipment Dealers Association (EDA) Dealer's Choice Award for #1 in the tractor category for four consecutive years, reflecting top ratings in product, parts quality, and supply satisfaction.Recipient of the North American Equipment Dealers Association (EDA) Dealer's Choice Award for #1 in the tractor category for four consecutive years, reflecting top ratings in product, parts quality, and supply satisfaction.
- Recognition for technological innovation, including the first IR52 Jang Young-shil Award in the agricultural machinery industry and the designation of its autonomous tractor as the industry's first innovative product by the Public Procurement Service.Recognition for technological innovation, including the first IR52 Jang Young-shil Award in the agricultural machinery industry and the designation of its autonomous tractor as the industry's first innovative product by the Public Procurement Service.
- Efforts to protect partners' trade secrets and core technologies through joint patent applications and the implementation of a technical data escrow system.Efforts to protect partners' trade secrets and core technologies through joint patent applications and the implementation of a technical data escrow system.
Introduction
Contents
Location
127 LS-ro, Dongan-gu, Anyang, Gyeonggi-do, South Korea
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