|Home : Volume 22 : Fall 1995 :|
|Distinguished Service Award for Do Won Chung|
Do Won Chung
By combining his metallurgical expertise and strong business acumen, Do Won Chung has guided Kangwon Industries, Ltd., to its current status as Korea's top producer of steel castings and other rolled products. His superior business and engineering skills also enabled the company to diversify recently with the formation of the Kangwon Group.
Kangwon Industry's rise to the top took more than two decades, beginning in 1973 when Chung was hired as senior manager of steel production and quality control. He was promoted to executive director of steel operations in 1977, executive vice president in 1982, and vice chairman and chief executive officer in 1989.
Through Chung's leadership, Kangwon Industries underwent significant changes from its days as an anthracite coal and briquette manufacturer which also produced iron and steel castings.
Transferring technology from similar corporations--Blaw Knox in the U.S. and Innse Cilindri of Italy--Chung increased Kangwon Industry's cast roll production capacity to 25,000 tons per year. He also increased its bar mill and medium-section mill capacities to 3 million tons per year.
In 1993, a one-million-tons-per-year H-beam plant was completed as the result of Chung's initiative. Also that year, Chung received a major award from the Korea Iron and Steel Association, recognizing his contributions to the steel industry.
Chung is presently vice chairman of the Korea Iron and Steel Association. He also serves on the board of the International Iron and Steel Institute.
He received his BS in metallurgical engineering from UW-Madison in 1970. Upon returning to Korea, Chung served three years in the military before beginning his career in the steel industry.
His civic activities include serving as vice chair of the UW-Madison Alumni Association, and membership in the Metro-Politan Club, an association of major business leaders in Korea.
Chung and his wife, Mi-sook, have a son and two daughters.
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Date last modified: 29-Nov-1995
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