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- Gunpo plant moved to its new site Jeon Ju plant and successfully settled
- Joen Ju plant production capacity is available now 20,000 units of tractors and with the largest painting line in Korea, it set up the foothold for¡°the Second Jump¡±.
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- Declare LS new vision ¡° Your No.1 Creative partner¡± in order to meet the best customer satisfaction.
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- Under the slogan of "Always with our Customers ", build up the wide clientele in USA market as well as European, Japanese, Australian, East-outh Asian market.
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- Win the Korean best prize for industrial design.
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- Develop Utility tractor M-odel successfully and lead to localization of 55hp Utility range. M-odel is in cooperation with IT Co.Ltd in USA for the technical service.
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- With the localization boom for the agricultural machinery, turnover reached 70mil USD (increase 150% compare to previous year) and 6mil USD to the velvet.
- Turnover exceeded 100 mil USD in 1993.
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- Test-arket Fiat 55-6DT Tractor and MAM Combine MC42
- Turnover increased from 14mil USD in 1987 to 26mil USD.
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- Produced OEM motorized tiller and widen the range of tractor to the 22hp sub compact after contract with Mitsubish agricultural machinery
- Introduced own technical Tractor GT3501D, GT4201 in 1987.
- Localize combine¡¯s thrashing part in 1988
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- Introduced rice transplanter MPR601D, 35hp tractor MT3501D with localized engine, and 3 cylinder multi functional Combine MC1950.
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- Joint development and export contract were made with Fiat for 28HP and 50HP tractors and re-xported for 200 units of 22hp tractors to Fiat.
- Made a OEM contract with TYM for the tiller and introduced 4WD tractor MT3201 to domestic market.
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- Goldstar Cable Co.ltd acquired Gunpo plant from Korea Heavy industry & Construction.
- Made a contract for technical cooperation with Mitsubish agricultural machinery for Tractor and Combine
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- Korea Heavy industries & construction took over Hyundai¡¯s Gun-o plant and Agricultural machinery division were independent of it in 1983.
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-Launched tractor business with technical cooperation for 4 model of FIAT Trattori
-Designated as a comprehensive agricultural manufacturer by Korean Chamber of commerc and industry in 1979.
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