Myungdo Co., Ltd. is one of Korea's leading manufacturers and exporters of door closers. Since its establishment in 1998, the company has developed and produced automatic door closing units that comply with international standards. The company manufactures more than one million units annually.MyungDo Co., Ltd. is a privately owned company with registered capital of USD750,000. The company employs a workforce of 25, including 18 engineers and two quality assurance staff, at its headquarters near Seoul. The company exports to markets around the world, with the majority of shipments destined for North America, Europe, the Middle East, and the Asia Pacific region. Annual revenue is around USD2.3 million, ninety percent of which is accounted for by exports.
