KBI Dongkook expands its Pesqueria plant in Mexico On July 17, it was announced that KBI Dongkook invested USD 30 million for the expansion of its plant in Pesquería, Mexico. The project finished on June 26, 2024, adding 14,720 square meters to the plant and allowing the facility to reach a production value of around USD 72 million in annual sales. The Korean company is located on the same site as Kia’s plant in Pesquería and manufactures pla...

News  Updated at: 2024/07/19

South Korea’s KBI Dongkook Ind. complete plant expansion in Mexico Several South Korean media sources reported that KBI Dongkook Industrial Co., Ltd. completed the expansion of its plant in Mexico on June 26, 2024. In April 2017, the company built a 50,000-square-meter plant in Pesquería, Nuevo Leon, Mexico, to produce plastic injection molded products for crush pads, headlamps, and rear lamps for vehicles made in North and South Americas. In ...

News  Updated at: 2024/07/09

KBI Dongkook Industrial to expand plants at home and abroad Several South Korean media sources reported that KBI Dongkook Industrial Co., Ltd. (KBI Dongkook Industrial) is expanding its plants at home and abroad. The plants to be extended are three, a new plant in Asan, South Korea, a plant in Pesqueria, Mexico, and another in Borja, Spain. The Asan Plant that produces crush pads and consoles will be extended by April 2024. That will allow the co...

News  Updated at: 2023/07/20

KBI Dongkook Industrial to supply crush pads for Hyundai Grandeur Several South Korean media sources reported that KBI Dongkook Industrial Co., Ltd. (KBI Dongkook Industrial) will supply crush pads for the 7th generation Hyundai Grandeur. The company introduced the polyurethane IMG (in-mold grain) method, the technology it developed in 2019 and 2020, investing KRW 1 billion (JPY 0.1 billion). It also mechanized manual production processes to cut ...

News  Updated at: 2022/11/28

KBI Dongkook Industrial to supply EV center consoles to Hyundai Motor According to several South Korean media reports, KBI Dongkook Ind. Co., Ltd. (KBI Dongkook) has won an order from Hyundai Motor Company to supply center consoles for a new electric vehicle (EV) model. The sales under the new contract will be KRW 120 billion (JPY 11.16 billion). That is about 23% of the company’s consolidated sales in 2021, which was KRW 521.4 billion (JPY 48....

News  Updated at: 2022/03/08

Dongkook Ind supplies consoles for Hyundai Ioniq 5 EV Several South Korean media reported that Dongkook Ind. has become an exclusive supplier of center consoles of the Hyundai Ioniq 5 electric vehicle (EV). The company currently supplies movable consoles named Universal Island that can slide back by up to 140 mm in ten levels. Dongkook Ind. also plans to provide components for Kia's EV to be released in July 2021. The company plans to boost its s...

News  Updated at: 2021/03/08

KBI Dongkook Industrial to supply crash pads to Hyundai and Kia KBI Dongkook Industrial Co., Ltd. (KBI) announced that it has received new orders for automotive components of around KRW 450 billion (JPY 41.4 billion) in the fiscal year ended in December 2019. The South Korean company will supply crash pads and luggage boards for passenger cars and sports utility vehicles (SUVs) to Hyundai Motor Co., Ltd. and Kia Motors Corporation. These are part...

News  Updated at: 2020/02/05

Korean auto supplier Dongkook builds USD 26 million plant in Pesqueria, Mexico On September 26, Dongkook Industrial, a Korean automotive parts maker, announced that it is building a new plant in Pesqueria, Mexico, to supply components to Kia Motors. Dongkook recently established a subsidiary in Mexico financed with a USD 26.3 million investment for the construction and operations of the new facility. Dongkook’s affiliate Kabul International Gro...

News  Updated at: 2017/09/28

KB AutoTech Group to establish new plant in China Dongkook Ind. Co., Ltd., an affiliate of KB AutoTech, announced that it will invest KRW 10,661 million in its Chinese subsidiary, Yancheng Dongkook Auto Parts Co., Ltd. The fund will be spent on constructing a new plant. Dongkook produces injection molded components and blow molded components. (From a press release on April 2, 2014)...

News  Updated at: 2014/04/02

Dongkook to acquire Germany-based Innovative Components Technologies Dongkook Ind. Co., Ltd., which is an affiliate of KB AutoTech, will acquire a 69.9 percent share in Innovative Components Technologies (ICT) GmbH on August 31, 2013. Dongkook is spending 10,472 million won on the deal. ICT produces center consoles and trunk systems in Germany, Spain and the Czech Republic. It generates approximately 200 million euros in sales each year. When the...

News  Updated at: 2013/08/27