Daedong Corporation, Daegu, South Korea, parent company to Kioti Tractor, Wendell, North Carolina, is celebrating its 75th anniversary this year.
In 1947, Sam-Man Kim founded Daedong Corporation alongside his four brothers as Korea battled famine in World War II. The brothers’ work resulted in machines that increased food production throughout a critical time during Korea’s industrialization.
“The spirit of innovation that fueled the company’s founding remains our guiding principle today as we develop quality products that meet the needs of our customers around the world,” says J.S. Kim, chairman and CEO of Daedong Corporation and chairman of Daedong-USA Inc. “We’re proud of the impact Daedong Corporation has had on the global agricultural industry.”
Today, Daedong Corporation exports machinery to more than 70 countries. This past year, the company produced Korea’s first 3.8-liter diesel engine, launched a remote-controlled and autonomous tractor series, and entered the e-mobility market.
Kioti Tractor, a division of Daedong-USA Inc., has been providing equipment from tractors to mowers to utility vehicles across North America for more than 35 years.
In late 2019, Kioti completed a $13-million renovation of its North American headquarters, including a state-of-the-art training facility for dealers. Following this expansion, Kioti opened a distribution center in Mississauga, Ontario.
“Kioti is honored to share Daedong’s legacy with customers across North America,” says Peter Dong-Kyun Kim, president and CEO of Daedong-USA, Inc. Kioti Tractor Division. “We’re grateful to our pack of customers, dealers and staff who allow us to empower professionals and hobbyists across agriculture, turf care, construction and beyond. We look forward to being a part of Daedong’s next chapter.”
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