General Information
| Chairman & CEO | Jin Ryu |
| Vice Chairman | Mok Ki Ryu |
| Established | Oct. 22, 1968 |
| Paid-in Capital | US $851 million ('10) |
| Total Assets | US $1,710 million ('10) |
| Employees | 3,191 |
FABRICATED NONFERROUS METAL DIVISION
The fabricated nonferrous metal division produces a full range of copper products from copper and copper alloy sheets, strips, tubes, rods, to processed copper products as well as some non-ferrous products so as to meet domestic demands and most of the export demands. In addition, it is currently on its way to realize its goal, the globalization of sales and production, by building an overseas production base in the U.S., China, Southeast Asia, and the pan-pacific belt.
Importantly, Poongsan invests aggressively in R&D — which has helped lead to an increase in sales of value-added copper products such as thin plates, thin tubes, bimetals, and coin blanks. The Company also continues to form strategic partnerships with prominent global companies to develop a broader range of higher-quality products while also expanding its export markets.
Moreover, in preparation for future industrial environment, it is making active efforts in developing a wide range of new materials and creating new demands. Efforts are concentrated in making Poongsan a top-notch fabricated copper company in the 21st century by proceeding with the 6 Sigma activities and introducing the ERP system.
Product offerings include:
- copper and copper alloy sheets, strips, tubes, rods
- leadframe materials
- coin blanks, commemorative precious metal coin blanks
- copper-based roofing material
- titanium tubes
- stainless steel strips
DEFENSE PRODUCTS DIVISION
In early 1970's, Poongsan led the defense industry in Korea and made significant contributions to the nation's self-reliance in defense. It also enhanced the national army's power through mass production and localization of ammunitions. In addition to military ammunitions, sporting and hunting ammunition were developed and exported, thus becoming a world-class sporting ammunition manufacturer.
Some of the recent achievements made by the Company include the development of high-performing and unique Korean-style ammunition models. With these new ammunitions, the Company transformed its production system into a technology-intensive, value-adding one and it is making efforts to further advance the defense industry by expanding the volume of exports of ammunitions and semi-finished products.
- military ammunition (ammunition for small arms, antiaircraft guns, mid-to large-size arms)
- various sporting ammunition
- propellant powder
- ammunition parts
- precision forging products
PRECISION PRODUCTS DIVISION
Based on years of experience and accumulated technology in the fabricated nonferrous metal field, Poongsan has been producing new copper alloy materials for the semiconductor and electronic parts.
The Company began developing PMC 102 in the early 1980's, and continued to develop numerous semiconductor leadframes including PMC102M, PMC26, and PMC90, and its own materials for connectors used in electrical and electronic industries. Poongsan went on to produce and supply C194 and C19210, globally renowned products, to domestic and overseas markets.
- connector parts for electric and electronic industries
- multiguage copper strips
- precision dies
- gauges and tools
- metal machinery and facilities
