Taekwang Industrial Co, Ltd. (Korean: 태광산업 주식회사) is a South Korean chemical and textile company headquartered in the Jangchung-dong area of central Seoul, with plants located in China as well as in Korea. Founded by Lee Im Yong in 1950,[1] the company has developed into a manufacturer of textiles, petrochemicals, wet weather and safety clothing products, and is part of the Taekwang Group. Taekwang Industrial had established a foundation in Seoul Sehwa High School.[clarification needed] Taekwang produces Acelan brand spandex, raincoats, umbrellas, sodium cyanide, and black abaya fabric. Taekwang Industrial's electronic division, Taekwang Eroica, manufactured phones and audio electronics products, including the Eroica brands. However, the electronic division was shut down when Korea's audio market dried up in December 2005.
Native name | 태광산업 주식회사 |
---|---|
Company type | Subsidiary |
Founded | 1950 |
Founder | Lee Im Yong |
Headquarters | , South Korea |
Revenue | 2.1 trillion KRW (2011) |
Parent | Taekwang Group |
Website | taekwang |
Taekwang Industrial's 2023 sales are KRW 2.2655 trillion.
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