Designed for your world
TYM creates tractors that bring together alluring form, advanced function and accessible value. Through our expertise in design, engineering and manufacturing, the company helps owners overcome every obstacle as they shape the world around them.
Headquartered in Korea with distribution across North America, Europe, and Asia, and assembly operations in the USA, TYM has been empowering customers for over 70 years.
Chasing unprecedented milestones as a singular company
Over the past seven decades, the ingredients for our success have been the same; a rich history of research, technology and innovation, the cumulative insight of our employees and the global recognition of our customers, peers and business partners, who drive as to reach new heights of success.
For the next seven decades and beyond, we will continue to nurture these ingredients. Continuous research to build on a history of breakthroughs, enhancing the expertise of our employees with next-generation innovation, and strengthening relationships with our customers, dealers and stakeholders to win many more laurels.
From our founding over 70 years ago to today, our constant drive has been to deliver customer-centric solutions that enrich the lives of people everywhere
The people of TYM are essential to our culture, leveraging individual exceptionalism to promote collaboration and innovation
We continue to receive domestic and international recognition for delivering products and solutions that meet and exceed the needs of our customers
A BUDDING ORGANIZATION
Building the foundation for TYM over two successful decades
TongYang Moolsan Co. Ltd is founded in 1951. The company begins to to import foreign films through trade.
In 1962, TongYang Moolsan Co. Ltd. merges with Fujian Company Ltd. in Korea to form Tongyang Products Co. Ltd.
In 1968, the first tableware factory is constructed in Gunsan and the light metals factory is constructed at Yangpyeong-Dong. To keep up with demand, a second tableware factory is constructed in 1972. The same year, the company introduces western farming equipment in Seoul.
Receiving recognition on a national scale
The Anyang Agriculture Machine Factory is constructed in 1973. About 6 months later, the company is listed on the Korean Stock Exchange.
Later that year, the company wins third place in the first ever Byucksan Sports Festival. The award was received by the honorary chairman Kim In-Duek.
In 1974, the company hosts an Agriculture Machine Division Dealer Convention, hosting 120 dealers over 2 days in the Anyang Agriculture Machine Factory.
Later that same year, then honorary chairman Kim In-Duek leads a delegation to the Suwon Agriculture Machine, where the company’s products were put on display and presented to the Minister of Agriculture and Forestry.
New innovations, new products and new space to innovate
In 1976, the company has a breakthrough with rice paddy cultivators, developed to plow, transport, pump and thresh. The 8 hp output machine was sold at an economical price and was easy to operate for everyone.
Two years later, the 5 hp and 10 hp rice transplanters were developed and manufacturing officially began. During this time, the Anyang Agriculture Machine Factory and Yangpyeong Light Metals Factory were moved to the Changwon Industrial Machinery Complex.
In 1979, the company expands into filter manufacturing, merging with Geukdong Filtron at Guro-dong.
Creating room for growing export operations
Manufacturing operations move to the Iri Industrial Complex in Yangpyeong-dong, Seoul.
The company receives a presidential medal for its contribution to the growth of domestic agriculture. The TS3820 becomes the first Korean tractor exported to Central America.
Honorable Hi-Yong Kim is appointed as Chairman. In 1987, the company begins supplying agriculture machinery and parts to John Deere in a $43,000 contract for cotton harvester hubs and sheaves. The company also exports a cultivator to Vietnam.
As demand grows, the filter manufacturing plant is moved from Guro-dong to Jincheon, Chungbuk. The company exports its first filter clapping machine to Southeast Asia.
Delivering next-generation technology to Korea and the world
The first ever combine harvester is introduced in 1990. In 1992, the TS3840 tractor is awarded gold at the prestigious Bulgaria Prodedif World Expo. A year later, the Central Technical Research Institute and Training Facility (CIT) was constructed. The company also begins exporting the TS3840 tractor to ISEKI in Japan.
In 1994, a company office is established in China as Donghang Tonyang Products Co. Ltd. The following year, the company becomes the first in the agriculture industry to receive an ISO 9002 certification.
Approaching the 21st century, the company begins exports to the United States.
A DECADE OF GROWTH
Realizing ambitious targets over 10 momentous years
In 2000, The company’s China operation is established as Tongyang Agricultural Manufacturing Co. Ltd. in Suzhou, China.
Less than a year later, the company and establishes two overseas offices; Tongyang Yiang Technology Co. Ltd. in Jiangsu, China and Tongyang Products Co. Ltd. in Tokyo, Japan.
In 2004, Tongyang Yiang Machinery Co. merges with Tongyang Agricultural Manufacturing Co. Ltd. in China. In Korea, Tongyang Machinery Co., Ltd. (TYM) is established as a subsidiary.
The same year, the ATC research and development center is recognized as an outstanding production research center. To serve North America, TYM-USA Inc is established in Wilson, North Carolina.
In 2007, TYM establishes a joint venture with China - the Jiangsu Tongyang Engine Manufacturing Co. Ltd. CIT, the research and development center, moves to a new, state-of-the-art building in Gongju.
Towards the end of the decade, the Jeonbuk Iksan Agricultural Machinery Factory is built, spanning an area of 10,700 m2. The Donghand Tongyang Products Co. Ltd. and the Yeorong Dongyang Machinery Corporation undergo a merger.
Staying on the forefront of innovation for machinery, worldwide
TYM establishes two joint ventures in China to expand its portfolio - Jiangsu Donghua Machinery Co. Ltd and Weihai Power Tongyang Machinery Co. Ltd.
The Korean government gives TYM K-Global 300 status, recognizing it as a world-class company.
TYM begins acquisition of Kukje General Machinery Co. Ltd. to become the #1 agricultural machinery manufacturer in Korea.
A NEW ERA
TYM begins to write a new chapter, elevating the company to unprecedented heights
TYM initiates a bold brand transformation, symbolically carrying forward past and present accomplishments to answer the needs of the future.
The transformed TYM brand is the result of a powerful visual identity, communication strategy, cutting-edge sales tools and more efficient internal processes. The initiatives are aimed at advancing the company's goals for market growth and delivering greater value for dealers and stakeholders.
TongYang Moolsan Co. Ltd establishes TYM ICT, a subsidiary company specialized in autonomous agricultural machinery and increases its investment in the division through the year.
In March 2021, the company officially changes its name from TongYang Moolsan Co. Ltd. to TYM Corporation.
TYM Corporation becomes the first in the industry to publish an ESG management report. In its first year of ESG governance, TYM Corporation achieves KCGS ESG rating of B+ in 2020 and A in 2021.
TYM Corporation acquires shares in Kukje Machinery Corporation.
New business horizons, unparalleled customer value
TYM Corporation officially launches MYTYM, a mobile service app for TYM tractor owners based on telematics technology.
TYM Corporation absorbs KAM Holdings Co. Ltd.
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