- CEO
- Myeong-Joon Kim
- Full Time Employees
- 14
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Yongin-si South Korea
- IPO Date
- Oct 28, 2003
- Business
- WOORY INDUSTRIAL HOLDINGS Co., Ltd. is a South Korea-based holding company primarily engaged in the development, manufacturing, and global distribution of automotive climate control systems, electronic components, and electric vehicle (EV) thermal management solutions. Through its key operating subsidiaries, including Woory Industrial Co., Ltd. and Woory M Automotive Co., Ltd., the company designs and manufactures an extensive portfolio of automotive components organized across heating, ventilation, and air conditioning (HVAC), thermal management, and interior electronic systems. Its primary product lines include high-voltage positive temperature coefficient (PTC) cabin heaters for electric, hybrid, and fuel-cell vehicles; high-voltage coolant heaters; air-type PTC heaters; HVAC door actuators, including mode, temperature, and intake actuators; climate control head units and instrument panel switch assemblies; active air flap (AAF) systems; chemical oxygen demand (COD) heaters; automotive sensor assemblies, including seat belt reminder (SBR) sensors, solar radiation sensors, and power module sensors; and electromagnetic clutch coils, blower resistors, electronic expansion valves, and electric parking brake (EPB) actuators. The company supplies its components to leading global automotive original equipment manufacturers (OEMs) and tier-one automotive systems suppliers, including Hyundai Motor Group, Kia, Tesla, Rivian, Lucid Motors, Mercedes-Benz Group, Stellantis, Ford Motor Company, General Motors, and Hanon Systems. Founded in February 1989 and headquartered in Yongin-si, Gyeonggi-do, South Korea, with primary domestic manufacturing operations in Pyeongtaek-si, the company operates an international network of production facilities, research and development centers, and sales entities across the United States, China, Mexico, Slovakia, Vietnam, Thailand, and India. In recent operational and strategic developments, the company has expanded its North American manufacturing footprint through the construction and operational scaling of a dedicated automotive parts manufacturing facility in Dublin, Laurens County, Georgia, to support regional EV supply chains for major OEMs. Furthermore, the company has advanced its research and commercialization initiatives around next-generation integrated thermal management modules, high-efficiency 800-volt high-voltage coolant heating systems, and specialized thermal conditioning units tailored for battery management systems in battery electric vehicles (BEVs) and range-extended electric vehicles (EREVs), while securing expanded multi-year supply contracts across North American, European, and Asian markets.