DY POWER CORP

DY POWER CORP Overview

Company Headquarters: South Korea

Founded: 2014

Workforce: ~387

Company Working: DY Power Corp. manufactures hydraulic cylinders and heavy-duty equipment for the construction and heavy industry markets. Some of the products offered by the company include dozers, center joints, arms, booms, buckets, and outriggers for excavators, rotary actuators, extensions and booms for aerial lifts, free lifts, side shifts, tilts and power steering for forklifts, buckets for wheel loaders, booms, buckets and dippers for backhoe loaders. Dy Power Corp operates in the US, Europe, Asia-Pacific, and other regions.

Strategy

DY Power Corp follows an organic growth strategy. The company focuses on research and development activities to build better Hydraulic Component for the construction industry. DY Power Corp also focuses on market reach and has expanded its markets beyond its home region of Asia-Pacific. The company aims to diversify its product portfolio to serve emerging markets and industries

Company Snapshot

$299.5M

Revenue

387

Employees

2014

Founded

South Korea

Headquarters

SWOT Analysis

Strengths

Wide product portfolio
Large customer base
Focus on construction industry

Weaknesses

Lack of diversification

Opportunities

Increased R&D Expenditure
Focus on other automotive ventures

Threats

Intense Competition
Exchange Rate Fluctuations

Product Offering

DY POWER CORP
- Hydraulic Components

Financial Performance

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