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- | '''Jayatsu Manufacturing''' is a fictional Korean manufacturing company. Jayatsu builds and sells light duty construction and farm equipment | + | '''Jayatsu Manufacturing''' is a fictional Korean manufacturing company. Jayatsu builds and sells light duty construction and farm equipment. Jayatsu Manufacturing was founded in 1958 by C. Yoon. The President of Jayatsu Manufacturing is Han Lee. |
==History== | ==History== | ||
Jayatsu Manufacturing was founded in 1958 by C. Yoon as Jayatsu Industrial Manufacturing. | Jayatsu Manufacturing was founded in 1958 by C. Yoon as Jayatsu Industrial Manufacturing. | ||
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In 1992, a partnership was formed with between Jayatsu and [[EJR Manufacturing]] resulting in [[Am-Kor Limited]] being created. | In 1992, a partnership was formed with between Jayatsu and [[EJR Manufacturing]] resulting in [[Am-Kor Limited]] being created. | ||
- | In 1997, Victor Thomas Inc. purchased 40% of Jayatsu America giving them majority ownership. | + | In 1997, Victor Thomas Inc. purchased 40% of Jayatsu America giving them majority ownership. LnGT also purchased a 25% share in Jayatsu Manufacturing. In 1999, VTI was purchased by Lynx Equipment and LnV International was formed. In 2001, Jayatsu America was renamed to Jayson Equipment Ltd. |
- | In | + | In 2009, Jayatsu Industrial purchased [[So International]] from [[Am-Kor]]. So International was merged with Jayatsu Industrial and the name was changed to Jayatsu Manufacturing. Soon after, So Motors was renamed the [[Jayatsu Motor Company]]. |
- | |||
==Jayatsu Agriculture Equipment== | ==Jayatsu Agriculture Equipment== | ||
In 1968, Jayatsu Agriculture was created. Jayatsu began manufacturing farm implements in 1971. In 1975, the first Jayatsu tractor, the Jayatsu 310, was released. In 1983, the larger Jayatsu 520 was released. | In 1968, Jayatsu Agriculture was created. Jayatsu began manufacturing farm implements in 1971. In 1975, the first Jayatsu tractor, the Jayatsu 310, was released. In 1983, the larger Jayatsu 520 was released. | ||
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In 1992, Jayatsu replaced the Jayatsu 520 with a redesigned version called the Jayatsu 530. In 1996, Jayatsu Agriculture was renamed Jayatsu Agriculture Equipment. In 1999, Jayatsu AE introduced a new tractor named the Jayatsu 550 and a redesigned Jayatsu 530. | In 1992, Jayatsu replaced the Jayatsu 520 with a redesigned version called the Jayatsu 530. In 1996, Jayatsu Agriculture was renamed Jayatsu Agriculture Equipment. In 1999, Jayatsu AE introduced a new tractor named the Jayatsu 550 and a redesigned Jayatsu 530. | ||
- | In 2001, Jayatsu America was renamed by | + | In 2001, Jayatsu America was renamed by LnGT International to Jayson Equipment Ltd. |
- | In Korea, Jayatsu AE began downsizing in 2006. | + | In Korea, Jayatsu AE began downsizing in 2006. However in the United States, with help from LnGT, Jayson Equipment was expanding. |
- | By 2007, Jayatsu AE had stopped manufacturing tractors in Korea. In 2008, it was announced that Jayatsu AE may close in Korea by 2012 unless a buyer can be found. Jayatsu AE is currently focused on selling and repairing used equipment | + | By 2007, Jayatsu AE had stopped manufacturing tractors in Korea. In 2008, it was announced that Jayatsu AE may close in Korea by 2012 unless a buyer can be found. Jayatsu AE is currently focused on selling and repairing used equipment. |
- | == | + | ==Jayson Equipment Ltd.== |
- | '''Jayson Equipment Ltd.''' was created in 1983 as Jayatsu America. Jayatsu began importing tractors and construction equipment by 1984. By 1985, C. Yoon was looking for someone to invest into Jayatsu America. In 1986, C. Yoon met Edwin Richards who became interested in investing in Jayatsu America. Edwin | + | '''Jayson Equipment Ltd.''' was created in 1983 as Jayatsu America. Jayatsu began importing tractors and construction equipment by 1984. By 1985, C. Yoon was looking for someone to invest into Jayatsu America. In 1986, C. Yoon met Edwin Richards who became interested in investing in Jayatsu America. Edwin pressured his EJR Manufacturing into investing into Jayatsu America but his son, Kevin Richards, kept on refusing. So Edwin invested in it by himself. By mid 1987, Edwin Richards had a 49% share in Jayatsu America. However, he passed away soon after. Edwin's 49% share was passed to his son, Kevin. |
- | In 1997, Victor Thomas Inc. purchased a | + | In 1997, Victor Thomas Inc. purchased a majority share in Jatatsu America. In 1999, VTI was purchased by Lynx Equipment and [[Rezzi Tractors|LnV International]] was formed. In 2001, Jayatsu America was renamed by LnV International to Jayson Equipment Ltd. In 2003, LnV began selling Jayson equipment at LnV dealerships. In 2005, LnV decides to reduce the number of construction equipment being sold in North America due to declining sales. By 2010, LnGT plans on moving all Jayson dealerships into current LnGT dealerships. |
- | + | * LnV Int. = 40% | |
- | + | * Jayatsu = 35% | |
- | * | + | * EJR Man. = 25% |
- | * | + | |
==Jayatsu Motors== | ==Jayatsu Motors== | ||
- | Jayatsu Motors was created when [[So International]] was merged with Jayatsu Industrial | + | Jayatsu Motors was created when [[So International]] was merged with Jayatsu Industrial. So Motors was renamed to [[Jayatsu Motors]]. Jayatsu Motors is currently working on an electric car called the [[Jayatsu EC]]. |
==See Also== | ==See Also== | ||
- | * [[Jayatsu | + | * [[Jayatsu Motor Company]] |
* [[Am-Kor Limited]] | * [[Am-Kor Limited]] | ||
* [[EJR Manufacturing]] | * [[EJR Manufacturing]] | ||
[[Category: Am-Kor]] | [[Category: Am-Kor]] |