What is the history of Doosan? How did they become successful in their field? Who founded it and what’s its vision? We answer these questions as we dive into the history of the company. Doosan is a combined word of “doo” (unit of grain) and “san” ( mountain). If combined means “little grains of sand that together make a mountain”.
History of Doosan
The Doosan Group was founded in 1896 by it’s founding Chairman Deung-Jik Park. It’s started as the Park Seung Jik Store in Baeogai. It was known for retail stores and cosmetics, and grew through acquisitions in the decades after the Korean War. Since then, it has developed into a multinational conglomerate, with particular emphasis on consumer goods, manufacturing, and the trading construction sectors. By 1979, Doosan was exporting over USD 100 million worth of product.
When the company marked its 100th anniversary, they incorporated multiple subsidiaries into the holding company and implemented advanced processes and systems. Then Doosan expanded its Global Footprint. From power plants that generate in India, supplying clean water in the Middle East, to construction machines that build earthworks across China’s vast territory. Doosan’s advanced technologies help create value for everyone in the world. Its Vision is to create a world awash with opportunities so that everyone can fully unleash their potential. And in 1996 Doosan machine Tool Division entered the U.S.
Doosan Global today and the Puma Turning Center
Doosan Group is a South Korean conglomerate company. Doosan’s core businesses are based on IBS (Infrastructure Support Business). Doosan’s IBF is made up of five (5) subsidiaries: Doosan Corporation, Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Engineering & Construction, and Doosan Engine. Doosan Global is big in the business since it placed 471st in the Fortune Global 500, included in the Forbes Global 2000 from 2007, and was ranked 4th among the “World’s Best 40 Companies 2009” list in Business Week (October 2009) in terms of electrical power, construction equipment, advanced machinery, defense supplies, houses, highways, bridges, etc.
Puma Turning Center– In 2005, Doosan acquired Daewoo Heavy Industries and became Doosan Infracore. Daewoo had been producing the Puma lathe since 1980, but the company had struggled since the Asian financial crisis of the 1990s. In time, Doosan makes one of the largest and most efficient suppliers of Puma lathes. In 2010, Doosan rolled out its 5th generation Puma Turning Centers: 2100, 2600, and 3100. The Puma series machines are heavy-duty turning centers, From horizontal, vertical, or multi-tasking lathes. Big bore and additional configurations like twin-turret or milling capability.
With the ultimate efficiency and cost-effectiveness in mind, Doosan designed the Puma line to provide manufacturers with performance. The Puma Series is Doosan’s high-performance lathe series. One machine is currently available through Machinery Marketing International, a great example of redesigned horizontal turning centers is the Doosan Puma 2100. The Puma 2600 comes equipped with a manual tailstock, one of the three (3) tailstock options Doosan offers for each series, and a chip conveyor. The large capacity Puma 3100 Y comes equipped with a 12-inch 3-jaw chuck and can accommodate workpieces up to 29.9-inches long and 16.5-inches in diameter. It also has automatic power-saving features that turn off the machine lights and power down motors when not in use.
If you’re interested in buying a Doosan Machine, please look through our inventory of used Doosan machines or contact us today and we’ll guarantee that we can help you find the right machine that’s perfect for your application.