History
2020 ~ 2011
2020 ~ 2011
2009 ~ 2006
2009 ~ 2006
2005 ~ 2000
2005 ~ 2000
1999 ~ 1981
1999 ~ 1981
2020
YG-1 TOOL SOLUTIONS CO., LTD.
(Sales Office) founded
2020. 06
YG-1 TOOL SOLUTIONS CO., LTD. (Sales Office) founded
2019
Qingdao YG-1 Cutting Tool(Sales office)
founded
2019. 07
YG-1 India New Delhi Sales Office founded
2019. 03
Qingdao YG-1 Cutting Tool(Sales office) founded
2018
Completion of Bupyeong Plant
in Incheon, Korea
2018. 05
Completion of Bupyeong Plant in Incheon, Korea
2017~2018
Thailand branch founded
Tech Center founded in Germany
2018. 01
Tech Center founded in Germany (YG-1 Technology Center)
2017. 09
Spain branch founded (Herramientas YG-1 SL)
2017. 08
South Africa branch founded (YG-1 S. Africa)
2017. 07
Romania branch founded (YG-1 Eastern Europe)
Russia JV plant founded (Minicut Tooling Manufacturing)
2017. 04
United Arab Emirates branch founded (YG-1 Middle East)
2016
Completion of Insert Development
Plant in Chungju
2016. 12
Completion of India Mega Project (New India Plant founded)
2016. 10
Thailand branch founded (YG-1 Precision Co., Ltd.)
Russia branch founded (YG-1 RUS. LLC)
2016. 08
Completion of Insert Development
Plant in Chungju
2015~2014
Completion of 3rd Plant
2015. 07
Completion of Plant #3 in Incheon
2014. 04
US branch founded (YG-1 America)
2013
GLOBAL LOGISTICS CENTER
founded
2013. 12
Vietnam branch founded (YG-1 Vietnam)
2013. 10
Global Logistics Center founded
2012
Selected as one of the
World Class 300 enterprises
2012. 09
Completion of Cheongcheon Plant in Incheon
2012. 04
Selected as one of the World Class 300 enterprises
(Ministry of Knowledge Economy)
2011
Completion of Plant in Chungju
2011. 08
Completion of Hyosung Plant in Incheon,
Japan branch founded (New Sankyo Tool)
2011. 05
Completion of Plant in Chungju
2009
Selected as
a Hidden Champion Enterprise
2009. 09
Selected as a Hidden Champion Enterprise (KRX)
2008~2006
Global Branches Established
& Global Investment
2008. 08
Acquisition of Canadian companies
(INTERNATIONAL MINICUT INC,
NATIONAL TOOL HARDENING INC)
2007. 12
India branch founded
(YG Cutting Tool Corp)
2007. 08
Japan branch founded
(YG-1 Japan)
2007. 07
Brazil branch founded
(YG-1 Comercio De Ferramentas Para Usinagem Tda)
2006. 11
Acquisition of a US company
(Regal Cutting Tools)
2005 ~ 2004
YG-1 R&D Center in Songdo
founded
2005. 09
Songdo R&D Center founded
2005. 03
Awarded with ISO 9001/14001 certification (DAS CERT)
2004. 07
Construction of headquarters
2002 ~ 2000
China branch founded
2002. 09
India branch founded
(YG-1 Industries India Pvt. Ltd)
2002. 07
Ranked in top 50 companies with outstanding
competence in product quality
(Ministry of Trade, Industry and Energy)
2002. 04
France branch founded (Corai P&L SAS)
2001. 11
Selected as INNO-BIZ Enterprise
(Small & Medium Business Administration)
Certified as the world-leading quality product
(Ministry of Trade, Industry and Energy)
Certified as the Leading Company in parts/materials export
(Ministry of Trade, Industry and Energy)
2001. 10
China branch founded (New Century Tool)
2001. 07
Awarded with ISO 14001 certification (TÜV CERT)
2000. 10
Selected as the outstanding manufacturer/factory of Korea (KMA)
2000. 07
Selected as the company with outstanding competence
in quality (Ministry of Trade, Industry and Energy)
2000. 02
Awarded Best Technology Competitive Corporate
(Small & Medium Business Administration)
1999 ~ 1997
1999. 12
Awarded with ISO 9001 certification (TÜV CERT)
1999. 11
Awarded First Grade Corporate in Precision Technology
(Korea Testing Laboratory)
1999. 10
Changed Corporate name to YG-1
1999. 08
Ranked in top 50 companies with outstanding
competence in product quality
1999. 07
Tool Research & Development Center founded
1998. 02
Selected as one of the small/med-sized export
prospects (SBC)
1997. 08
Registered in KOSDAQ market
1997. 04
Germany branch founded
<2000.12 converted to a corporation >
1997. 03
Received EM Mark Certification from Government
1996 ~ 1990
1996. 10
UK branch founded (Europa Tool)
1996. 08
Completion of Gwangju Plant
1995. 08
Completion of Ansan Plant
1993. 06
Received permit for KS marks (Drill)
1992. 05
US branch founded (PCT)
1991.12
Completion of Plant #2 in Incheon
1989 ~ 1981
1989. 12
Selected as the company reaching for World-class Products (KOTRA)
1986. 08
Incorporated to Yangji-1 Tools Co., Ltd
1985. 12
Opening of its office in Chicago, U.S.A
1983. 02
Export to U.S.A launched (End Mills)
1982. 10
Completion of Plant #1 in Incheon
1981. 12
Company founded
Awards
World Class 300 Project
Merit Award
(Technology Expansion)
2019.11
Incheon Aviation Industry Leading Company
(Incheon Metropolitan City)
2018.12
Best Ppuri Industry Company to Work
(MOTIE)
2018.10
Excellent Company for Job Creation 2018
(Presidential Commendation Award)
2018.06
Best Taxpayer Award
(MOEF)
2017.03
2016 Presidential Award
for Job Creation
2016.10
EY Best Enrepreneur
Award (Ernst & Young)
2015.12
50-year Quality Korean
Product Award (KSQM)
2015.11
International Trade
Coporate Award (KATIS)
2015.10
Top Award for Clean Accounting
Records (KAA and KICPA)
2015.6
Top-100 Outstanding Corporate on Job
Creation Category for
year 2014 (MOEL)
2015.3
2014 Best Business-owner
Award (Asia Council for
Smaill Business)
2014.11
Selected as Outstanding
Corporate for Long-term
Employment (MOEL)
2014.9
Top-100 Outstanding
Corporate on Job Creation
Category for year 2013 (MOEL)
2014.4
World-Class Korean
Product Certificate
(MOTIE)
2013.12
Top-100 Outstanding
Corporate on Job
Creation Category for
year 2012 (MOEL)
2013.1
$200 million export prize
on the National Trade Day (KITA)
2012.11
Selected as
WORLD CLASS 300
Coporation by Ministry of
Knowledge Economy
2012.4
President Award Recipient
(Special-Needs Hiring)
2012.4
President Commendation,
Day of Fair trade
2010.4
Win a award True
Siver prize
(Ministry of Employment
and Labor )
2009.9
$100 million export prize
on the National Trade Day
2008.11
Outstanding Capital Goods Development Award
2007.10
$70 million export prize
on the National Trade Day.
2006.11
Prime Minister's Award
2005.9
$50 million export prize
on the National Trade Day.
2004.11
President’s award,
on the National Trade Day.
2001.11
Outstanding Corporation
Award on Future
Export Outlook (SMBA)
2000.12
$30 million export prize
on the National Trade Day.
2000.11
National Quality Procedure
President Award
2000.08
Grand Prize, in
‘Superior Export Products’ (KITA)
2000.7
Quality Procedure
Regional Award
2000.6
Commendation by the
Director of National
Tax Services,
on the National Tax Day
2000.3
Grand Prize in Trade Promotion (KTRA)
1998.5
Outstanding Entrepreneur
Award (Korea Academy
of Management)
1998.3
Person of the Year
selected by Incheon
Times Newspaper
1997.12
Silver Order of
Industrial Service Merit
1997.5
Outstanding Taxpayer
Award (Gyeongin District
Tax Revenue Office)
1997.3
Outstanding Global
Coporation Award (MOTIE)
1996.12
Small & Medium-sized Business Award
(Department of
Commerce and Industry)
1996.7
New Korean Award
(Mayor of Incheon)
1996.3
Best Youth Entrepreneurs of
the World
(WORLDCOM GROUP)
1996.3
$10 million export prize
on the National
Trade Day.
1995.11
Grand Prize,
‘94 Outstanding
Koreans Awards-Industry
Category’ (MBC)
1994.12
Outstanding Incheon
Citizen Award (Industry
development Category)
1994.10
Venture Company
Award by KTB
1992.6
Government-recognized
Award for Industry
Development
(28th Export Day)
1991.11
Industrial Award
from Government
1987.12
