The dream that Youngdo Textiles intends to realize
through the maximization of corporate value under
the "Made in 2001" is to be:
A brand which customers want to buy best of all,
A workshop which is the best to work in for employees,
A company which stockholders or investors want
to put money into best of all, and
A partner which participants in the chain of management
value prefer to any other companies.
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1960 |
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Established Youngdo Textiles
Co., Ltd, and started the production of velvets. |
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1973 |
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Increased a weaving capacity,
and expanded and moved the establishment to
the 3rd Industrial Complex |
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1973 |
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Made a technical tie-up
with Hasegawa Co. of Japan. |
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1975 |
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Opened a branch office
in Seoul, and started trade business. |
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1977 |
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Established a dyeing and
finishing plant named Semyung Chemical Fibers. |
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1977 |
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Established Sewha Textiles
Co., Ltd. (in Ihyun-dong, Taegu). |
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1980 |
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Designated by the Ministry
of Trade and Industry as a specialized dyeing
and finishing company (Designation No.113. |
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1981 |
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Changed the name of Sewha
Textiles Co., Ltd. into Youngdo Textiles Co.,
Ltd. |
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1983 |
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Imported 22 rapier looms
from Germany, and began the production of
cotton velvet. |
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1984 |
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Converted the Seoul Branch
Office into an independent corporate named
'Youngdo Textiles Seoul Co., Ltd. to be exclusively
responsible for export business. |
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1985 |
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Imported 6 jacquard looms
from Germany, and began the production of
the goods for car seat. |
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1988 |
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Received the Tower Prize
for 10 Million -dollar Exports. |
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1988 |
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Changed the name of Youngdo
Textiles Co., Ltd. of Taegu into Youngdo Velvet
Co.,Ltd. |
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1994 |
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Won the Citation for its
sincere tax payment. |
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1995 |
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Won the Citation of the
Ministry of Finance and Economy for its contribution
to the development of national economy. |
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1995 |
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Set up a velvet plant
of the largest scale in the world at Kumi
Industrial Complex. |
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1996 |
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Integrated all subsidiaries
into Youngdo Textiles Co., Ltd. |
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1996 |
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Established a batch production
system covering the process of weaving, dyeing
and finishing. |
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1997 |
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Reached 40 million dollars
which is the most exports in the history of
Youngdo Textiles Co., Ltd. |
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1999 |
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Received the Encouragement
Prize in the Category of Excellent Small-to-medium-sized
Enterprises. |
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2000 |
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Received the Grand Prize
for Textile Industry Promotion from the International
Textiles Newspaper. |
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2001 |
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Received the 2001 ROK
Grand Prize for Fabric Materials Quality |
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