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About Daewon

Since its founding in 1983, Daewon Precision Industrial has shaped the future of automotive seating with a focus on quality, environment and technology.

( 01 ) Company Overview

Quality · Environment · Technology
Automotive Seating Leader

DAEWON PRECISION INDUSTRIAL CO., LTD. is a specialist in automotive parts that has grown together with the Korean automobile industry through continuous technology development, new products and new business ventures.

Since its founding in 1983, under the slogan of being customer-, quality- and technology-oriented, Daewon has developed new technologies and a wide range of products our customers seek, based on the expertise accumulated over the years. Through technical cooperation with KEIPER of Germany we introduced advanced technology, and to respond actively to the new paradigm of the automobile industry we now mass-produce traction motors — a core component of electric vehicles — and have entered the North American market (DWPa), reborn as a company that leads the future of automotive parts.

Thank you once again for visiting our website. Daewon Precision will continue to stand alongside our customers with ever-better quality and technology.

KEIPER Partnership North America · DWPa EV TRACTION MOTOR ISO-TS 16949
Daewon Precision head office building
1983
Founded
313
Employees
4,763
Revenue · KRW 100M
8
Global Sites
( 02 ) CEO Message

“We will become the world’s best partner in seat mechanisms and EV traction motors.”

Welcome. We are delighted to meet you through our website. Our sincere thanks go to everyone who has watched over Daewon Precision Industrial with interest and, through generous encouragement and support, helped make the Daewon of today possible.

Since its founding in 1983, Daewon Precision Industrial has grown into a seat-parts specialist with unrivaled quality and technology, leading Korea’s automotive seat industry. Through seat safety and functional products — cushion frames, tracks, adjusters, recliners, pumping devices and gearboxes — and through more convenient functions, safer technology and state-of-the-art production, we take responsibility for the safety of drivers and passengers at the closest range.

We are also responding actively to the paradigm shift in the automobile industry by mass-producing traction motors — a core EV component pursued as a new business — and are laying the cornerstone of global management through our entry into the North American market (DWPa).

Building on our management philosophy of ‘securing global competitiveness’ and ‘customer-delighting management’ together with advanced technology, we will realize the highest corporate value and, grounded in an advanced corporate culture that harmonizes autonomy and responsibility, strive tirelessly to become a globally recognized Daewon Precision.

Thank you.

President & CEO Kwak Byeong-hae
( 03 ) General Status

General Status

1983
Founded
4,763
Revenue · KRW 100M
313
Employees
8
Sites

* As of 2025 · Consolidated basis

Corporate Motto (社是)

Guided by our corporate motto of “Character”, “Corporate Prosperity” and “National Cornerstone”, we put these values into practice ourselves — building a company that contributes to the nation and society, and a place of life in the pursuit of happiness.

人格陶冶
Character Development
企業繁榮
Corporate Prosperity
國家礎石
National Cornerstone

Basic Information

Company Name
DAEWON PRECISION INDUSTRIAL CO., LTD.
CEO
Park Min-hee · Kwak Byeong-hae
Established
October 1983
Main Products
Seat mechanisms · Seat structures · Traction motors
Employees
313 (as of 2025)
Revenue
KRW 476.3 billion (2025, consolidated)
Head Office
156, Baran-gongdan-ro, Hyangnam-eup, Hwaseong-si, Gyeonggi-do
Business Areas
Manufacture of automotive seat mechanism parts (track, recliner, pumping device, etc.) and EV traction motors
Tel / Fax
TEL. +82-31-495-0701   /   FAX. +82-31-491-5203
( 04 ) Major Customers

Our Customers

We collaborate with leading domestic and global automakers and seat specialists on the basis of long-standing trust, growing together through quality and on-time delivery.

Automakers
Automaker
Automaker
Automaker
Automaker
Seat Makers
Seat maker
Seat maker
Seat maker
Seat maker
Seat maker
Seat maker
Seat maker
Seat maker
( 05 ) History

40 Years of Precision

1983
  • OctFounded DAEWON PRECISION INDUSTRIAL; entered the automotive seat parts business
  • DecTechnical licensing agreement with Geumseon Electric Mfg. (Japan)
1995
  • AugCompleted Plant No. 1 (later the Head Office Plant)
2003
  • JunEstablished the R&D Center
2004
  • MayTechnical licensing agreement with KEIPER of Germany (Power & Manual Recliner)
  • DecCertified ISO-TS 16949 (TÜV Bayern)
2007
  • AprJoint new-product development with KEIPER of Germany
  • AugDeveloped Korea’s first electronic Active Head Rest
2008
  • OctTechnical licensing agreement with KEIPER of Germany
2009
  • DecMass production of Manual Round Recliner
2010
  • JanCompleted Baran Plant; installed and commissioned 1,600-ton press
2011
  • JanCompleted new Ulsan Plant
2012
  • MarCompleted Head Office Plant expansion
  • SepStarted mass production of Power Round Recliner
2013
  • SepCompleted new Oedong Plant
  • NovCertified OHSAS 18001 · Completed Head Office Plant expansion
2014
  • DecReceived US$50M Export Tower award · Installed 800-ton servo transfer press
2016
  • NovInstalled 800-ton servo transfer press (unit 2)
2017
  • DecCompleted new Jangseong Plant · Received US$70M Export Tower award
2018
  • FebCompleted R&D Center expansion
2019
  • MarEstablished Lean production system
  • OctRecliner export agreement with BROSE (China)
2020
  • OctWon the Hyundai Motor Chairman’s Award (group category) at the Auto Parts Industry Awards
2021
  • DecCompleted the motor-core mass-production line
2022
  • AprEstablished the North American subsidiary (DWPa)
  • MayCompleted Oedong Plant expansion
  • DecEstablished Mado Plant
2025
  • JunEstablished Jangan Plant
( 07 ) Business Sites

Global Network

We operate seven domestic sites and a North American subsidiary (DWPa), producing precision seat parts and EV traction motors.

Head Office Plant
Head Office & Plant HEAD OFFICE & PLANT
Address156, Baran-gongdan-ro, Hyangnam-eup, Hwaseong-si, Gyeonggi-do
TEL031-354-0051
FAX031-354-1553
Area10,773㎡ (approx. 3,259 pyeong)
Bus Stop① Baran Industrial Complex   ② Gumuncheon Park
Ansan Plant
Ansan Plant ANSAN PLANT
Address100, Beomjigi-ro 141beon-gil, Danwon-gu, Ansan-si, Gyeonggi-do
TEL031-495-0701
FAX031-491-5203
Area7,457㎡ (approx. 2,256 pyeong)
Bus Stop① Gongdan Seobu Hospital   ② Gongdan HQ
Oedong Plant
Oedong Plant OEDONG PLANT
Address113, Mohwasandan-gil, Oedong-eup, Gyeongju-si, Gyeongsangbuk-do
TEL054-771-1024
FAX054-771-1822
Area9,606㎡ (approx. 2,906 pyeong)
R&D Center
R&D Center R&D CENTER
Address100, Beomjigi-ro 141beon-gil, Danwon-gu, Ansan-si, Gyeonggi-do
TEL031-495-0701
FAX031-495-4227
Area2,364㎡ (approx. 715 pyeong)
Jangseong Plant
Jangseong Plant JANGSEONG PLANT
Address50, Jeonja-nonggongdanji 2-gil, Donghwa-myeon, Jangseong-gun, Jeollanam-do
Area3,083㎡ (approx. 933 pyeong)
Mado Plant MADO PLANT
Address46-12, Mado-gongjang-ro 4-gil, Mado-myeon, Hwaseong-si, Gyeonggi-do
Area3,268㎡ (approx. 989 pyeong)
Jangan Plant JANGAN PLANT
Address248, Sujeong-ro, Jangan-myeon, Hwaseong-si, Gyeonggi-do
Area1,679㎡ (approx. 508 pyeong)
Daewon Precision Industrial America
Daewon Precision Industrial America DAEWON PRECISION INDUSTRIAL AMERICA (DWPa)
Address200 Piedmont Circle, Lagrange, GA 30240, USA
BusinessEV traction motor production

Affiliates: Daewon Kang Up · Daewon Industrial · Daewon Steel · Daewon Chongup · Samwon Steel · Seyun Steel · ContiTech Daewon Air Spring Systems

( 08 ) Corporate Identity
Daewon Precision symbol mark
#01A651
DAEWON GREEN · Signature Color

Harmony & Unity,
a Symbol of Continuity

The Daewon Precision symbol is based on a circle symbolizing harmony and unity, expressing the wish of all Daewon people to endure wisely and harmoniously through any era and any adversity.

A large outer circle surrounds the center while five spokes connect the inner and outer circles, supporting one another as they turn — expressing a progressive spirit, firmly united as one organization to prevail in every competition at home and abroad. The large circle represents all employees, the small inner circle the management, and the five wheel-spoke lines the middle management; being neither thick nor thin but consistent, they signify equal human relationships.

The symbol color is green (DAEWON GREEN), symbolizing youth and prosperity, expressing the resolve of all Daewon people to achieve boundless prosperity together with the nation, with the spirit and will of an ever-rolling wheel.

※ Proportions: the diameter ratio of the outer to the inner circle is 15:5; the radial “大” lines and the circle stroke width are 5:2 relative to the inner-circle diameter.

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