Press Release

Daedong Corporation Celebrates 75th Anniversary, Commitment to Innovation

KIOTI Tractor parent company honors roots while growing for the future

WENDELL, N.C. (May 26, 2022) — Daedong® Corporation, the world-class agricultural machinery leader and parent company to KIOTI Tractor, is celebrating its 75th anniversary this year. As the company continues its commitment to innovation, Daedong is eager to recognize this milestone alongside its staff, customers, dealers and the global agricultural community.

“The spirit of innovation that fueled the company’s founding remains our guiding principle today as we develop quality products that meet the needs of our customers around the world,” said J.S. Kim, chairman and CEO of Daedong Corporation and chairman of Daedong-USA, Inc. “We’re immensely proud of the impact Daedong Corporation has had on the global agricultural industry during the past 75 years.”

In 1947, Sam-Man Kim founded Daedong Corporation alongside his four brothers. As Korea battled famine and exhaustion in the wake of World War II, the desperate need for agricultural mechanization fueled Kim’s determination and creativity. The brothers’ work resulted in machines that increased food production throughout a critical time during Korea’s industrialization.

Today, Kim’s pioneering spirit remains a defining characteristic of both Daedong Corporation and KIOTI Tractor. Exporting to 70 countries, Daedong Corporation is a global leader in agricultural innovation. In the past year alone, the company produced Korea’s first 3.8-liter diesel engine, launched the country’s first remote-controlled and autonomous tractor series, and entered the e-mobility market.

KIOTI Tractor, a division of Daedong-USA Inc., has been providing equipment across North America for more than 35 years. With more than 60 tractor models, 12 zero-turn-radius mowers, five utility vehicle models and an expansion into the compact construction market in late 2022, KIOTI continually strives to increase its product offerings to meet customer needs.

In late 2019, KIOTI completed a $13 million renovation and expansion of its North American headquarters office space, including a state-of-the-art training facility for dealers. Following this expansion, KIOTI opened a distribution center in Mississauga, Ontario, further continuing its commitment to the compact equipment industry in Canada by reducing shipping and delivery times to Canadian dealers and partners.

“KIOTI is honored to share Daedong’s legacy with customers across North America every single day,” said Peter Dong-Kyun Kim, president and CEO of Daedong-USA, Inc. KIOTI Tractor Division. “We’re endlessly grateful to our Pack of customers, dealers and staff who allow us to empower professionals and hobbyists across agriculture, turf care, construction and beyond. We look forward to being a part of Daedong’s next chapter in the years ahead.”

To learn more about Daedong Corporation, visit www.daedong.co.kr/. To learn more about KIOTI Tractor, visit www.kioti.com.