LS Mtron Holds Completion Ceremony for Tractor Equipment Company 'Land Solution'

Establishment of Land Solution through Joint Venture with Woongjin Machinery

Industrial machinery and advanced components company LS Mtron announced on the 27th that it held a completion ceremony for the new factory of the tractor implement company 'Land Solution' in Gimje, Jeonbuk. About 200 people attended the ceremony, including Jeong Seong-ju, Mayor of Gimje, Lee Won-taek, Member of the National Assembly, Kim Young-ja, Chairperson of Gimje City Council, Yoo Jae-yeol, Director of the Gimje Free Trade Zone Management Office at the Ministry of Trade, Industry and Energy, Seon Gwang-ju, CEO of Land Solution, and Shin Jae-ho, President of LS Mtron.

Land Solution is a company established by LS Mtron after signing a joint venture contract with Woongjin Machinery, a domestic implement manufacturer, in June last year to produce tractors. The new Land Solution factory is located on a 15,550-pyeong site within the Gimje Free Trade Zone. It has an annual production capacity of 20,000 implements and is equipped with the industry's first continuous eco-friendly chemical coating facility to meet global quality standards.

The completion ceremony of the new factory of tractor equipment company 'Land Solution' is underway. From the third person on the right, Yu Jae-yeol, Director of the Gimje Free Trade Zone Management Office at the Ministry of Trade, Industry and Energy; Lee Won-taek, Member of the National Assembly; Shin Jae-ho, President of LS Mtron; Seon Gwang-ju, CEO of Land Solution; Jeong Seong-ju, Mayor of Gimje; and Kim Young-ja, Chairperson of the Gimje City Council, are taking a commemorative photo. / Photo by LS Mtron

This factory is expected to produce implements such as ▲Loader (Front Loader, for loading) ▲Backhoe (for excavation) ▲Mower (Mid-Mower, for lawn mowing). These implements can be attached to small tractors with 20 to 40 horsepower and are designed to be user-friendly for women. They can be used for landscaping and farm management. Land Solution aims to start mass production of products sequentially from August. All produced products will be exported to North America, LS Mtron's main market.

LS Mtron explained that with the completion of Land Solution, it can not only expand tractor body sales but also increase implement supply capacity, laying an important foundation for the growth of the tractor business. President Shin said, "We will continue to strengthen the win-win strategic partnership between Woongjin Machinery and LS Mtron," adding, "We will advance one step further as a global total agricultural solution company by producing not only tractors but also engines, parts, and implements."

This content was produced with the assistance of AI translation services.