Expanded chain plant in Incheon facilities
Obtained certificates of S Safety and CE from the Korea Industrial Safety Corporation for escalator chains and moving walks
Executed technical license agreement with Tsubakimoto Chain for LINI sorter
Obtained certificate of ISO 9001 quality assurance from LRQA (Lloyd) in England
Executed technical license agreement with Tsubakimoto Bulk Systems for environment-relevant conveyors
 
Completed construction of the Namdong Industrial Estate in Incheon and established initial production capabilities
Executed technical license agreement with Tsubakimoto Chain for Autran
 
Executed technical license agreement with Tsubakimoto Bulk systems on NBH bucket elevators
Obtained license as a first class trade agency
 
Obtained approval of elevator components from the Industry Promotion Administration
Began manufacturing elevator components for the Industry Promotion Administration
Obtained license as a first class trade entity
Executed technical license agreement with Tsubakimoto Chain for the automobile coating line "Unmanned Curve"
Executed technical license agreement with Trinity in Japan, with the approval from the Japanese government
Executed technical license agreement with Tsubakimoto Chain in Japan, with the approval from the Japanese government
Established Tsubakimoto Chain (Japan) as the company's primary joint venture partner
Began manufacturing conveyors and chains
Joint venture established with three Japanese companies including Izutani iron works Co., Ltd. Korean government approves foreign investment into the company
 
Korea Conveyor Industry Co., Ltd. Established