Established Doowon Refrigeration Mexico (Mexico): Assembly of intake pipes and fan motor units

Established Doowon Refrigeration Alabama (U.S.A.): Assembly of fan motor units

Registered as a Tier-2 supplier for KG Mobility (Cooling module supply)

Acquired Hyundai SQ-MARK Certification (Electrical Assembly Division)

Registered as a Tier-1 supplier for HD Hyundai Infracore (Excavator air-conditioning system supply)

Registered as a Tier-1 supplier for Daedong Industrial Co., Ltd. (Tractor air-conditioning system supply)

Established Hwaseong Industrial Machinery Division (Excavator and tractor HVAC assembly)

Registered as a Tier-1 supplier for KIOTI International / Kukje Machinery Co., Ltd. (Tractor air-conditioning system supply)

Acquired IATF 16949 Certification (TÜV Hessen)

Registered as a Tier-1 supplier for HD Hyundai Construction Equipment (Excavator air-conditioning system supply)

Registered as a Tier-1 supplier for LS Mtron (Tractor air-conditioning system supply)

Established Doowon Refrigeration Brazil (Brazil): Hose and pipe assembly

Established Eumbong Plant in Asan, Chungcheongnam-do (Fan motor assembly)

Acquired Hyundai SQ-MARK Certification (Welding Division)

Established Gwangju Plant in Gwangsan-gu, Gwangju (HVAC assembly)

Acquired Hyundai SQ-MARK Certification (Injection Molding Division)

Relocated Inju Plant to Asan, Chungcheongnam-do

Acquired ISO 9002 Certification (Korea Quality Certification Center)

Formed a technical partnership with SUNRISE Co., Ltd. (Japan)

Company name changed to Doowon Refrigeration Co., Ltd.; Head office relocated to Cheonan Plant

Incorporated as Doowon HVAC Co., Ltd. following business division

Registered as a secondary supplier for Hyundai Motor Company and Kia Motors

Established Beomhwa Machinery, beginning production of air-conditioning kits