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DY POWER CORP

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DY POWER CORP - Energy & Power showcase

Year Founded & Workforce

2014

387 Employees

Industry

Energy & Power

Services

Hydraulic Components
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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

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Product Offering

  • DY POWER CORP
    • Hydraulic Components

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: 2017 was USD 299.5 Mn in 2019.
DY POWER CORP — By Business Segment
Series (USD Mn)2019
2017299.5
2018343.3
2019293

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