Native name | 주식회사 대동 |
---|---|
Type | Public |
KRX: 000490 | |
Industry | Agricultural machinery |
Founded | May 20, 1947 |
Headquarters | Daegu, South Korea |
Area served | Worldwide |
Key people | Kim Joon-Sik Chairman & CEO |
Products | Tractors Combines Forage equipment Seeding & Tillage equipment Diesel engines |
Revenue | KRW 895.7 billion (FY 2020) |
Website | https://www.daedong.co.kr https://www.kioti.com |
Footnotes / references [1] |
Daedong Corporation, also known by the brand name Kioti in North America, is a South Korea agricultural machinery manufacturer founded in 1947 and headquartered in Daegu, South Korea. Its main products include tractors, combine harvesters, all-terrain utility vehicles and engines .[2]
At first, Daedong's business was primarily in metal casting. Daedong began producing agricultural machinery in 1949.[3]
By 1985 they exported their first tractors, and Kioti USA was formed 1993.[4][5] The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021.[6]
Kioti Tractor (/kaɪˈoʊti/ "coyote") is the trade name for Daedong tractors in U.S. and other markets.[7]