Am-Kor Limited

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'''Am-Kor Limited''' is an American and Korean based manufacturing business.  
'''Am-Kor Limited''' is an American and Korean based manufacturing business.  
==History==
==History==
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===EJR Manufacturing===
 
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EJR Manufacturing was an [[United States|American]] manufacturing company founded in Edwin J. Richards in 1936.
 
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In 1942, EJR Manufacturing began making supplies and equipment for World War II.
 
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In 1952, EJR Manufacturing was interested in joining the North American car market. In 1957 a prototype was created called the RMC-1. However, in 1959 the company decided to delay production or the car. In 1972, RMC Motors shut down.
 
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In 1974, Edwin J. Richards decided to pass on his company to his son and to retire. Kevin Richards became head of EJR Manufacturing in June 1976.
 
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In 1989, Kevin Richards' son, Alex Richards, became vice-president of EJR Manufacturing.
 
===Jayatsu Industrial===
===Jayatsu Industrial===
Jayatsu Industrial was a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.
Jayatsu Industrial was a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.

Revision as of 20:54, 14 January 2009

Am-Kor Limited is an American and Korean based manufacturing business.

Contents

History

Jayatsu Industrial

Jayatsu Industrial was a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.

In 1975, American David Smith purchased a majority share in Jayatsu Industrial. Smith believed that they could make more money if they expanded to North America. Smith demanded that they had a manufacturing plant in North America by the end of the decade. Yoon knew that they could not create it in time and left the company in 1978.

By 1982, Jayatsu had a minor presence in North America. By 1984, Smith was being convicted of tax charges and was found guilty in 1986.

In 1988 Jayatsu was bought by Han Lee. By 1991, Jayatsu was facing possible financial trouble.

Merger

In 1993 when a merger was formed between EJR Manufacturing and Jayatsu Industrial. A new company was created to represent both companies called Am-Kor Limited.

In 1996, Alex Richards became head of EJR Manufacturing after Kevin Richards retired in 1995.

In 1998, Alex Richards became the official head of Am-Kor Limited. Alex's brother, Adam Richards became CEO of EJR Manufacturing.

Am-Kor Motors

Am-Kor Motors is the automotive division of Am-Kor Limited. The Richards Motor Company and So Motors are run under Am-Kor Motors.

So International

In 1998, Am-Kor bought the remaining So Manufacturing. So Manufacturing is another Korean based manufacturing company. In 1999 the name was changed to So International. The most famous product was the ill fated So Car. In 2001. Am-Kor decided to bring back the So Car and turned it into a minor success.

See Also

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