Before 1960s

• Apr. 1916: Outcrop of Sang-dong mine discovered in Gangwon Province, South Korea
• Feb. 1947: Exported Scheelite to the U.S. for the first time
• Sep. 1952: Established Korea Tungsten Company (state enterprise)
  • Export: US$16,457,000 (56% of Korean total)
  • Employee: 4,287
• May. 1959: Constructed chemical processing plant

1960s

• Jun. 1961: Established New York office
• Sep. 1961: Established R&D Center
• Nov. 1961: Established London office
• Feb. 1963: Established Tokyo office
• Nov. 1966: Won official commendation from government for export
  • Ranked second among Korean companies
• Nov. 1967: Won official commendation from government for export
  • Ranked third among Korean companies
• Feb. 1968: Established POSCO as a joint venture with the national government (Government 75%, Korea Tungsten 25%)
• Nov. 1968: Won official commendation from government for export
• Nov. 1969: Won official commendation from government for export

1970s

• Nov. 1972: Constructed APT (Ammonium Para Tungstate) plant
• Feb. 1974: Constructed tungsten metal powder and tungsten carbide powder plant
• Nov. 1976: Established Rotterdam office
• Nov. 1977: Constructed cemented carbide plant
  • Products: Blank, carbide insert, mining tools, brazed tools
• Oct. 1978: Constructed coating plant (CVD-TiN production)
• Dec. 1979: Constructed tool holder plant

1980s

• Jan. 1981: Developed special coating substrate
• May 1983: Rotterdam office in Netherlands moved to Germany
• Jul. 1985: Common R&D cooperation between Korea Tungsten and POSCO
• Oct. 1985: Developed CERMET inserts
• Nov. 1988: Constructed carbide roll plant
• Nov. 1989: Constructed tungsten wire plant

1990s

• Mar. 1991: Constructed ceramic plant
• Feb. 1994: Sang-dong tungsten mine closed
• Mar. 1994: Privatized and taken over by Keopyung Group
• May. 1995: Established tungsten wire plant in China
• Aug. 1998: Korea Tungsten bought out by Iscar
• Aug. 1998: Company name changed from Korea Tungsten Co. to TaeguTec Ltd.
• Feb. 1999: Headquarters moved from Seoul to Taegu
• Apr. 1999: Constructed new Marketing Center
  • 1999: Established TaeguTec USA (currently Ingersoll USA)
  • 1999: Established TaeguTec Germany (currently Ingersoll GMBH)

2000s

• Mar. 2000: Established TaeguTec India in Bangalore
• Mar. 2000: Established TaeguTec UK in Leeds
• Jul. 2000: Constructed new R&D Center
• Dec. 2000: Established TaeguTec China in Shanghai
• Mar. 2001: Established TaeguTec Brazil in Sao Paulo
• Jun. 2001: Established TaeguTec Scandinavia in Copenhagen, Denmark
• Jun. 2002: Established TaeguTec Italy in Turin & Milan
• Jun. 2004: Established TaeguTec Japan in Nagoya
• Jun. 2004: Constructed new Tech Center and Carbide Rod factory
• Jun. 2005: Established TaeguTec Australia in Sydney
• Oct. 2005: Established TaeguTec Turkey in Istanbul
• Mar. 2006: Established TaeguTec Slovakia in Žilina
• Apr. 2006: Established TaeguTec Malaysia in Kuala Lumpur
• Jan. 2007: Established TaeguTec Thailand in Bangkok
• Feb. 2007: Established TaeguTec Spain in Barcelona
• Mar. 2007: Established TaeguTec France in Champs-sur-Marne
• Jul. 2007: Established TaeguTec Indonesia in Bekasi
• Nov. 2007: Established TaeguTec Poland in Wroclaw
• Apr. 2008: Established TaeguTec Russia in Moscow
• Apr. 2008: Established TaeguTec Ukraine in Dnipropetrovsk
• Jun. 2009: Established TaeguTec South Africa in Johannesburg
• Sep. 2009: Established TaeguTec Czech in Pilsen
• Nov. 2009: Established TaeguTec Hungary in Törökbálint
• Nov. 2010: Established TaeguTec Argentina in Buenos Aires
• Nov. 2011: Due to open TaeguTec Plant 2

Awards & events

• Received a "$100 million Export Tower" award (2005)
• Warren Buffett visited TaeguTec (2007-10-25)
• Received a "$200 million Export Tower" award (2008)^[3]
• Warren Buffett attended TaeguTec Plant 2 inauguration ceremony (2011-03-21)