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Valeo Pyeong Hwa

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Valeo Pyeong Hwa

Overview
Valeo Pyeong Hwa is an automobile clutch manufacturer founded in 1988 by a joint venture between Pyeong Hwa Clutch Industry Co. in Korea and Valeo, a top auto parts maker in France. Based on its prime quality, superb technologies, and price competitiveness in the global market of automobile clutch system, Valeo Pyeong Hwa is supplying its products to HONDA, SUZUKI, MITSUBISHI, NISSAN in Japan and GM, FORD in the U.S. as well as Hyundai, Kia, GM Daewoo, SSangyong in Korea. Valeo Pyeong Hwa’s products, which account for 80% of the domestic clutch market, are being exported to over 70 countries around the world.
General Status
  • Investor: Valeo, France
  • Founded in 1988
  • CEO: Kim, Sang-tea/ Eric Balivet
  • Number of employees: 700
  • Key products: Automobile clutch disc, clutch cover, release bearing, etc.
  • Address: 306-70 Jang-dong, Dalseo-gu, Daegu Metropolitan City
History
  • October 1988: Established Pyeong Hwa Valeo/ joint-venture between Pyeong Hwa Clutch Co. and Valeo France
  • December 1995: Acquired ISO 9001 Certification by Korea Management Association & TUV Germany
  • July 1999: Won Superior Foreign Investment Company by KOTRA, Ministry of Commerce, Industry, and Energy
  • January 2003: Acquired ISO14001 Certification by SGS ICS
  • June 2004: Acquired ISO/TS 16949 2nd edition by BVQI
Competitiveness and Vision
Valeo Pyeong Hwa’s research institute, named as a top R&D center for manufacturing technologies, has been focusing on developing innovative technologies. Recently, it has developed self-adjusting technology (SAT) and concentric slave cylinder (CSC) for the first time in Korea and applied these technologies to vehicles produced by Korean car makers. The company also has a competitive edge in product maintenance and after-sales-service market thanks to diversity of products.