- CEO
- Yu-In Oh
- Full Time Employees
- 58
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 34, DaeSong-ro 101beon-gil Pohang-si NG South Korea
- IPO Date
- Dec 9, 2005
- Business
- Cheil Grinding Wheel Ind. Co., Ltd. Cheil Grinding Wheel Ind. Co., Ltd. manufactures and sells a broad range of grinding wheel products for industrial grinding, cutting, and finishing applications in South Korea. The company offers resin bonded abrasive wheels, including reinforced cut-off wheels, mini cut-off wheels, depressed center wheels, flexible grinding discs, snagging wheels, and roll grinding wheels; vitrified bonded abrasive wheels, such as general purpose grinding wheels, centerless grinding wheels, cylindrical grinding wheels, crankshaft grinding wheels, camshaft grinding wheels, and mounted points; superabrasives comprising CBN and diamond grinding wheels for camshafts, centerless operations, and gear processing; as well as rubber regulating wheels, epoxy grinding wheels and discs, honing stones, super finishing stones, mold stones, barrel stones, and cut-off wheels for metal and nonferrous applications. Founded in 1955 and headquartered in Pohang-si, South Korea, Cheil Grinding Wheel serves industries including automotive, shipbuilding, steel, construction, bearing production, semiconductors, and medical equipment through distributors across Asia, the Middle East, Oceania, Canada, the United States, Central and South America, Europe, and Africa. In recent developments, the company provided KRW 4.89 billion in funding to its subsidiary PT.CHEIL Abrasive Indonesia to support regional operations; announced an annual dividend of KRW 320 per share payable in April 2026; and reported third quarter 2025 earnings with EPS of KRW 253, reflecting improved profitability amid ongoing investments in R&D, which totaled KRW 915 million for the half-year ended June 30, 2025.