Am-Kor Limited

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==History==
==History==
===Jayatsu Industrial===
===Jayatsu Industrial===
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Jayatsu Industrial was a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.
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Jayatsu Industrial is a Korean manufacturer of heavy and industrial equipment. The company was founded in 1958 by C. Yoon.
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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.
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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.
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In 1988 Jayatsu was bought by Han Lee. By 1991, Jayatsu was facing possible financial trouble.
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In 1988 Jayatsu was bought by Han Lee.
===Merger===
===Merger===
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In 1993 when a parnership was formed between [[EJR Manufacturing]] and Jayatsu Industrial. A new company was created to represent both companies called Am-Kor Limited.
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In 1993, a parnership was formed between [[EJR Manufacturing]] and Jayatsu Industrial. A new company was created to represent both companies called Am-Kor Limited.
==Am-Kor Motors==
==Am-Kor Motors==

Revision as of 04:29, 20 January 2009

Am-Kor Limited is an American and Korean based manufacturing business. The current CEO is Alex Richards.

Contents

History

Jayatsu Industrial

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

In 1988 Jayatsu was bought by Han Lee.

Merger

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

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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