About Us

SMI INNOVATION

History

  • 2022

    ~12

    Sold to Gumi CC and 24 other golf courses
  • 2021

    ~12

    Sold to Gyeongsan Inter-Burgo CC and 22 other golf courses

    03

    Completed construction of the new plant of SMI Innovation
  • 2020

    10

    Foundation of the newly established corporation “SMI Innovation”

    03

    Received the Presidential Citation Award as the Best Taxpayer
  • 2019

    12

    Entered the golf cart business

    12

    Received the $30 million Export Tower Award / Received the Good Corporate Image Award (Deputy Prime Minister)

    06

    Electric Vehicle(Golf Cart and Electric Scooter)

    05

    Selected as Gumi City’s “Company of the Month” /
    Conducted joint investment consultation with Uzbekistan’s state-run oil company

    03

    Established JV in Texas, USA (Manufacturing Plant)
  • 2018

    12

    Received the $20 million Export Tower Award

    08

    Acquired AFPM BLDC Motor Source Technology / Selected as IBK’s Best Partner Company

    05

    Started plant construction of the Waegwan 3 General Industrial Complex

    01

    Butterfly Valve UL Certification in progress (applied to US Fire Valve) / Selected by the Korea Industrial Complex Corporation as a Fostering Company (Management Innovation Consulting)
  • 2017

    08

    Selected as a global Small Giant Company of Korea / Selected as an excellent company for Best HRD (Human Resources Developer) / Selected as an expert company in original technologies (PPURI Technology)

    06

    Selected as an organizer for development project by the Ministry of Land, Infrastructure and Transport – Development of Directional Control Propulsion and Hydrostatic Circulation Technology for Land Drilling System
  • 2016

    10

    Obtained mining rights for oil fields in West Pembina, Canada (Ministry of Land, Infrastructure and Transport development project – empirical test to be conducted)

    06

    AEO Comprehensive Certification / Received formal approval from Italian Ship Classification Association (RINA, Rigistro Italiano Navale Group) – HAMMER UNION

    03

    Selected as an organizer for development project by the Ministry of Trade, Industry, and Energy – Development of high-pressure diverter for offshore plants (Completed development in December 2018, currently in final evaluation)
  • 2015

    12

    Received the Grand Prize at the Gyeongsangbuk-do SME Awards (Technology Innovation Division) / Obtained ISO14001 Certification / Received formal approval from the American Bureau of Shipping (ABS) - CROSSOVER

    06

    Registered as partners of Samsung Heavy Industries Co., Ltd. and Daewoo Shipbuilding & Marine Engineering Co., Ltd. / Received the Presidential Citation Award (SME Day)
  • 2014

    12

    Established a Technology Research Institute / Received the $10 million Export Tower Award
  • 2013

    08

    Inno-Biz, Main-Biz, Venture Company Check / Registered as a vendor in Peru’s Procurement Service / Established Houston branch
  • 2012

    12

    Selected as Gyeongbuk’s Pride Product Company / Received the $5 million Export Tower Award, Received the Presidential Citation Award

    03

    Launched SMI’s own brand
  • 2011

    01

    Registered as a vendor to Iran’s state-run drilling company (NIDC)
  • 2010

    03

    Acquired API Monogram License (6A, 6D, 16C)
  • 2005

    08

    Completed the development of a special high-pressure valve (PLUG VALVE) for wired drilling / First export in October

    03

    Expanded to the Waegwan Industrial Complex / Selected as a Small and Medium-sized Enterprise with Management Innovation (SMBA) / Selected as a Promising Small and Medium-sized Enterprise (IBK)
  • 2002

    10

    Registered as a partner of Hyosung Co., Ltd. / Obtained ISO9001 Certification
  • 1998

    09

    Established a company / Registered as a partner of Hyundai Heavy Industries