Taekwang Industry

Taekwang Industry Co, Ltd. () is a South Korean chemical and textile company headquartered in the Jangchung-dong area of central Seoul, with plants located in China as well as in Korea. Founded by Lee Im Yong in 1950, the company has developed into a manufacturer of textiles, petrochemicals, wet weather and safety clothing products, and is part of the Taekwang Group. Taekwang Industry had established a foundation in Seoul Sehwa High School. Taekwang produces Acelan brand spandex, raincoats, umbrellas, sodium cyanide, and black abaya fabric. Taekwang Industry had an electronic division, "Taekwang Eroica", which manufactured phones and audio electronics products including the Eroica brands. However, the electronic division was shut down when the Korea's audio market dried up in December 2005.
The revenue of Taekwang Industry was 2.1 trillion KRW in 2011.