The story
Mando was created under the original founder of Halla Business Group, Mr. Chung In-Yung, (father of Chung Mong-won and younger brother of Chung Ju-yung who founded Hyundai Motor Company), on 1 October 1962. Initially, the company was named Hyundai International Inc. and changed its name to Mando Machinery Corporation in February 1980. In 1988, Mando opened the Brake System Plant in Pyeongtaek and two years later, opened the Munmak Steering System Plant (currently renamed Wonju operations). By 1995, Mando Machinery had a suspension system plant in Iksan as well as a dedicated R&D center. Mando America Corporation (MAC) was founded in 1996. In 1999, during the financial crisis, Mando was sold to Sunsage and was promptly renamed as Mando Corporation. Halla Group repurchased Mando Corporation subsequently.
As of 2013, Mando Corporation has six affiliated locations within Michigan, Alabama, and Georgia in the United States. Its headquarters is in Seoul, South Korea. Its affiliates have a 1300-employee presence in North and South America. It is projected that Mando's affiliates will employ roughly 2,400 employees in the United States alone by 2017. In the overall scope, Mando Corporation has corporate offices, research & development facilities, assembly lines, casting plants, and other various functions worldwide such as China, Turkey, Brazil, India, Japan, Sweden, Germany, Poland, Australia, and Malaysia. Worldwide, the manufacturer employs over 10,000+ workers, and has an annual revenue of more than $6 billion. Mando Corporation provides a highly advanced and quality brakes, suspension, and steering parts to General Motors, Volkswagen, Chrysler, Ford, Nissan, Hyundai, Kia, Suzuki, Chevrolet, and many other automobile manufacturers worldwide.
From Wikipedia’s article on HL Mando, shared under CC BY-SA 4.0.4