Company Founding


  • 1978

    Established Hyunjin Industrial Co., Ltd.
    Selected as a promising small business (Standard Chartered Bank)

  • 1984

    Relocation of Headquarters
    (255, Jangpyeong-ro, Saha-gu, Busan, Republic of Korea)

  • 1994

    2500 ton press operation

  • 1995

    1500 ton press operation

  • 1999

    Acquired Lloyd's ISO 9002 certification

  • 2000

    Company name updated to Hyunjin Materials Co., Ltd.
    Certified as a venture enterprise
    (Small and Medium Business Administration No. 2000122371-613)
    Company headquarters relocated
    (92, Noksansandan 289-ro, Gangseo-gu, Busan, Republic of Korea)

  • 2002

    Listed on KOSDAQ
    Yonghyun BM Co., Ltd. established as a separate corporation
    Technology research center established

  • 2003

    Received $5 Million Export Tower Award

  • 2005

    Received $20 Million Export Tower Award

  • 2006

    Crankshaft specialized production plant constructed.
    (2nd plant)
    Low-speed crankshaft development completed.
    Received $30 Million Export Tower Award
    Awarded the Presidential Award for National Industrial Development Contribution.

  • 2007

    Acquisition of KEPIC
    Received $70 Million Export Tower Award
    Established Shimhyun Engineering Co., Ltd. as an affiliate.

  • 2008

    6,500 ton specific medium-speed crankshaft
    No. 2 PRESS operation
    Received $100 Million Export Tower Award
    Acquired ISO 14001 and OHSAS 18001 certification

  • 2009

    Low-speed crankshaft assembly plant constructed. (3rd plant)
    Certified as a supplier capable of producing Doosan Heavy Industries & Construction gas turbine products.
    Completed development of large integrated crankshaft.
    WARTSILA 2ST CRANKSHAFT factory approved.

  • 2010

    Heat treatment plant specialized in power generation parts completed.
    Acquired green growth certification (main shaft manufacturing technology for wind power generation under 2.5 MW)
    Acquired ASME certification

  • 2011

    Completed development of rotor shaft for steam turbines.
    Acquired 2011 Human Resource Development Excellent Organization
    (Best HRD) certification.
    Awarded the Busan Export Grand Prize at the 13th annual Busan Trade Day.

  • 2013

    Hyunjin Materials Future Education Center (E&F CENTER) Constructed
    Awarded the World-Class Product Certificate
    Main shaft

  • 2014

    Awarded the World-Class Product Certificate
    (C/ROD for ship engines)

  • 2015

    Awarded World-Class Product Certificate
    (P/ROD for ship engines)

  • 2016

    Awarded World-Class Product Certificate
    (C/HEAD for ship engines)

  • 2018

    Awarded the 2018 Green Industries Award by the Ministry of Trade, Industry and Energy (Group Award)
    Certified as a material parts specific company
    (Korea Institute for Advancement of Technology KIAT)
    2018 Green Technology Certification
    (Korea Institute for Advancement of Technology, KIAT)

  • 2019

    Awarded the Clean Energy Technology Innovation Company Certification Plaque
    (City of Busan)
    Designated as a root technology specialized company
    (Minister of Small and Medium Venture Business)