Tong Yang Moolsan

Tong Yang Moolsan (동양물산), sometimes referred to as TYM, is a company based in Seoul, South Korea, and was established in 1951. Early tractors were based on Iseki designs, from Japan. They have built tractors for other companies and been sold under various brands, including: Same and Nibbi of Italy; Tong Yang; TYM; Mahindra of India sold in United States since 1999.

Divisions

It has four divisions: machinery (tractors, harvesters), metals (silverware), cultural services, and cigarette filter.

History

Bokun Enterprise was founded in 1960 and changed its name to Tong Yang Moolsan in 1962. In 1964 it took over Korea Convenience and commenced manufacture export of stainless steel flatware and castings. In 1968 it merged with Korea Light Metal and commenced agricultural Machinery production. In 1972 the first factory of stainless steel flatware established. In 1973 Anyang Farm Machinery Factory established; company shares opened to the public. In 1979 they merged with Far-East Filter. TYM's Research and Development Institute and Agricultural Machinery Training Institute were established in 1993. They obtained ISO 9002 certification in 1995. They established Tong Yang Agricultural Machinery (Suzhou) in 2000 and they obtained ISO 9001 certification in 2001 and ISO 14001 Certification in 2002. They established TYM-USA in USA in 2004 and LTYM in China in 2004.

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