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Corporate Information

Message from the President & CEO

Hwasung Group: Pioneering Innovation, Powering the Future


Since our establishment in 1994, Hwasung Group has been at the forefront of the elevator industry's evolution in Asia, engineering cutting-edge elevator and electronic components through relentless innovation, precision manufacturing, and strategic global expansion.


Building upon our unrivaled expertise and global competitiveness in elevator solutions, we have diversified into industrial electrical and electronic manufacturing, trading, distribution, and logistics, solidifying our reputation as a trusted global partner in high-performance industries.


With 30 years of experience in the global elevator & Industrial sector, we are dedicated to delivering comprehensive, one-stop solutions tailored to the ever-changing demands of our clients worldwide.

 

Looking ahead to the next century, we embrace challenges, drive transformative innovation, and push the boundaries of technological excellence.

 

Our mission is to become the world’s foremost global partner, powering the industries that shape the future.

 

"At Hwasung, we dream big and we have the strength to open a new tomorrow together"

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President & CEO 
Tony Kim

Message from the CFO & Vice-President

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CFO & VP of Operations 
Eric Kim

THE 7 CORE VALUES OF HWASUNG


I. We exist to create value for our customers.
Competitive pricing, breadth of choice, uncompromising quality, and an exceptional customer experience. Through these we enrich the lives of those we serve. All else is secondary.


II. We pursue progress that benefits the customer.
Innovation, application, and advancement in manufacturing technology are not ends in themselves. Their purpose is to deliver measurable advantage to our customers, and in that purpose we find our true satisfaction.


III. One Hwasung Worldwide.
Our strength lies in the fellowship of our people. What is achieved in harmony endures. Across the United States, South Korea, Vietnam and Japan we remain a single company with a single standard.


IV. We hold to the pioneer's spirit and hardball mentality
We accept challenges others consider impossible. We set the higher objective, and we prevail.


V. We work with conviction, dedication, and passion.
Enduring enterprises are built by those who give their full commitment to the work.


VI. We manage with simplicity and clarity.
Complexity is a cost we decline to bear. We select few priorities and concentrate our full resources upon them.


VII. We advance the standing of the nations and cultures in which we operate.
Wherever Hwasung does business, our conduct and our contribution should raise the prestige of that country and honor its culture.

History of Hwasung

1994. 07.

1999. 03.

2000. 05.

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2003. 11.

2004. 08.

2005. 07.

2006. 09.

2008. 03.

2009. 04.

2009. 12.

2010. 05.

2012. 05.

2012. 12.

2012. 12.

2013. 03.

2014. 07.

2015. 03.

2015. 07.

2016. 08.

2018. 01.

2023. 04.

2024. 01.

2024. 03.

2024. 07.

2024. 11.

2025. 01.

Establishment of Hwasung Electricity Co.

by Founder & Chairman Mr. Won Cheol Kim

Obtained patent for Fluorescence Coating Chain

Invented Turning Machine & Twist protection device for 
Elevator Chain & Invented Luminous Coated Wire Rope

Obtained ISO 9001 & ISO 14001

Became Supplier for LG Elevator (Now OTIS Korea)

Obtained Q Ⅲ certification from OTIS LG

Signed in an export contract with SINGAPORE SIGMA

Won an official commendation by the Minister of Knowledge
Economy Korea

Establishment of sisterhood with the MECENAT council

Moved Headquarters to Free Trade Zone in Masan

Changed the company name to HwaSung G&I

Certified by Innobiz, Received Top Trade Award

Acquired OTIS Changwon Manufacturing Line

Built a  2nd Factory in Masan FTZ

Opened up a new R&D Department Office 

Became Supplier for WILO Group (Industrial Pump)

Became Supplier for HANLA IMS (Vessel)

Began Exporting to North America, Europe, Middle East, and East Asia

Establishment of Hwasung G&G VINA (Vietnam HQ)

Became Supplier for GS Elevator / VGSI

Became Supplier & Partner for LS Cable & Systems

Establishment of Hwasung Group Inc (USA HQ)

Became Supplier for OTIS Elevator NA Division

Became Logistics Partner for Hyundai Transys USA

Awarded as Global Strategic Supplier for OTIS Global

Became Supplier for Hanwha Precision Machine

Our Team Worldwide

Patents, Awards & Certifications
"At Hwasung, we bring quality to our production processes, our innovation, and our environmental management system."

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© All Rights Reserved. HWASUNG GROUP INC.

Hwasung Group Inc.  

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