Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Foreign Planchet supplies
>
Reply to Thread
Message:
<p>[QUOTE="mlov43, post: 3660876, member: 16729"]You're right about Poongsan. The South Korean corporation, Poongsan, is the world's largest coin blank manufacturer, accounting for more than half of the world's coin blank trade volume. Poongsan is also Korea’s leading manufacturer of copper products, providing most of the ammunition to the South Korean military. The company was designated as South Korea's sole coin blank manufacturer by Komsco in 1970. Three years later, Poongsan first exported coin blanks to Taiwan, and since then has supplied its coin blanks to over 70 countries on six continents. </p><p><br /></p><p>In addition to circulating coins, Poongsan also operates special facilities dedicated to the production of precious metal coin blanks for commemorative coins and medallions. They supplied precious metal blanks for almost every South Korean gold and silver commemorative coin issue. The South Korean government has such a large home bias for Poongsan, especially in regard to government orders, that some people wonder if they still live up to their World Trade Organization obligations. The founder’s son, now Poongsan Chairman, announced a goal of achieving 12 trillion won in revenue and 1 trillion won in profits by 2018, the 50th anniversary of the company. I gotta check up on whether he made it...[ATTACH=full]984274[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 3660876, member: 16729"]You're right about Poongsan. The South Korean corporation, Poongsan, is the world's largest coin blank manufacturer, accounting for more than half of the world's coin blank trade volume. Poongsan is also Korea’s leading manufacturer of copper products, providing most of the ammunition to the South Korean military. The company was designated as South Korea's sole coin blank manufacturer by Komsco in 1970. Three years later, Poongsan first exported coin blanks to Taiwan, and since then has supplied its coin blanks to over 70 countries on six continents. In addition to circulating coins, Poongsan also operates special facilities dedicated to the production of precious metal coin blanks for commemorative coins and medallions. They supplied precious metal blanks for almost every South Korean gold and silver commemorative coin issue. The South Korean government has such a large home bias for Poongsan, especially in regard to government orders, that some people wonder if they still live up to their World Trade Organization obligations. The founder’s son, now Poongsan Chairman, announced a goal of achieving 12 trillion won in revenue and 1 trillion won in profits by 2018, the 50th anniversary of the company. I gotta check up on whether he made it...[ATTACH=full]984274[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Foreign Planchet supplies
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...