Woory Industrial Co., Ltd. announced that it has received KRW 20 billion in funding from Ibkc-Tongyang Growth 2013 Private Equity Fund

WOORY INDUSTRIAL CO.,LTD. is a Korea-based company mainly engaged in the manufacture of automobile components. The Company manufactures heating, ventilation, air conditioning (HVAC) actuators used for controlling temperature, fan speed and air conditioning, clutch coil assemblies used for switching a compressors on and off for air conditioners, heater control assemblies used for controlling heaters and air conditioners of vehicles to meet the drivers demands and other automobile parts. The Company distributes its products within domestic market and to overseas markets.