001527.KS

Tongyang Inc., founded in Seoul, South Korea, in 1955, is primarily known for producing and supplying ready-mixed concrete. The company's operations encompass a wide array of construction-related activities; it both manufactures and distributes key building materials such as ready-mixed concrete and aggregates, while also acting as a distributor for items like steel reinforcement, thermal insulation, tiles, sanitary wares, and plasterboards. Beyond material supply, the firm is heavily involved in construction projects. This includes developing various residential properties like apartments, high-end homes, and townhouses. Its civil engineering division is responsible for vital infrastructure, including traffic facilities such as roads and harbors, as well as broader community amenities. Additionally, Tongyang Inc. constructs commercial buildings, retail centers, and general residences, and provides renovation services for both commercial spaces and private dwellings. The company also offers end-to-end services for industrial plants, covering their design, equipment procurement, construction, and ongoing operation. This includes facilities for cement, power generation, iron production, and chemical processing. The company, which was previously named Tongyang Major Corporation, adopted its current name, Tongyang Inc., in March 2011.