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since 1960

We've been walking for 60 years.
It was a very long and lonely road.

Go to Youngdo Velvet’s 60-year history
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YOUNGDO VELVET

+ 82 02 2263 2763 CONTACT
COMPANY History

HISTORY

19
60
Established Youngdo Textile Industry (Sincheon-dong, Daegu, Korea)
68
Daegu Pyeongni-dong factory completed and relocated
Initiated mass production of velvet fabrics
71
Established the 1st factory of Youngdo Textile Industry (Nowon-dong, Daegu, Korea)
73
Velvet technology partnership with Hasegawa Industrial Co., Ltd. in Japan
75
Establishment of Seoul Trade Department
First export to the Middle East market
77
Established Semyung Chemical Fiber (Sangyeok-dong, Daegu, Korea)
78
Established Saehwa Textile Industry (Ihyeon-dong, Daegu, Korea)
Export to the Americas
Awarded the highest export performance award (Korea Trade Promotion Agency)
80
Designated as a specialized dyeing and processing company (Ministry of Commerce and Industry)
Designated as a good small business
82
Established Youngdo Textile, an integrated corporation (Head Office, Seoul, Korea)
Selected as a green taxpayer
83
Introduced 22 German rapier looms
Started production of cotton velvet
85
Introduced 6 German jacquard looms
Production of sheet paper for furniture
Acquisition of quality certification Q mark
88
10 Million dollar Export Tower Award
95
Completion of Gumi Weaving Plant 2 (Lot 24,000 square meters)
Installed 132 rapier looms
98
Completion of Gumi Dyeing Plant 1 (Lot 13,000 square meters )
Introduced CPB dyeing machine (Gumi Plant 1)
02
Started a workout system due to the outbreak of the IMF crisis
Gyeongsangbuk-do Excellent Company Commendation
04
Workout Early Graduation in 3 Years
Steel Tower Order of Industrial Service Merit (Chairman Wonhwa Lee)
Changed corporate name to Youngdo Velvet (Head Office Seoul in Korea)
05
Establishment of central research institute (Corporation affiliated research institute certification)
ISO9001 quality certification
Received Presidential Commendation for Female Entrepreneur
06
Selected as a world-class product
20 Million dollar Export Tower Award
Bronze Tower Order of Industrial Service Merit (Vice President Sungyul Lee)
Successfully developed rubbing cloth for LCD panel manufacturing
07
Technology Innovation Small and Medium Business (INNO-biz) Certification
08
Gyeongsangbuk-do Pride Product Designation
09
Received the National Medal of Merit, Seokryu Medal (Chairman Byungsun Ryu)
10
30 Million dollar Export Tower Award
Presidential Commendation on Trade Day (President Choongyul Lee)
Awarded by the Minister of Strategy and Finance for model taxpayer
11
Gyeongsangbuk-do Small and Medium Business Award
12
Opening of Velvet Cultural Complex Space Youngdo-Daum (Samdeok-dong, Daegu, Korea)
Designated as a venture company
13
Opened Youngdo Velvet Training Center (Gunwi-gun, Gyeongsangbuk-do, Korea)
14
Registered as an industrial design company
15
Established the Bogwangmyeong Cultural Scholarship Foundation
19
Awarded Gold Tower Order of Industrial Service Merit (Chairman Byungsun Ryu)
Selected as a master of technology in Korea (Chairman Byungsun Ryu)
20
Industrial cultural complex space Velvet clothing industrial complex space Birodo 1960 opened (Gumi 3 Gongdan-ro Youngdo Velvet 2nd Factory)
21
Selected as a design innovation company (Ministry of Trade, Industry and Energy )
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YOUNGDO VELVET

We will head for new experiences
while maintaining the pride of Velvet.

+82 02 2263 2763
FAX
+82 02 2263 2766
E mail
heiyas@youngdovelvet.com
CONTACT
YOUNGDO VELVET +82 02 2263 2763
FAX
+82 02 2263 2766
E mail
heiyas@youngdovelvet.com

CONTACT US

YOUNGDO VELVET +82 02 2263 2763
FAX
+82 02 2263 2766
E mail
heiyas@youngdovelvet.com
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