Hwasung Engineering began in 1995 as Hwasung Reducer, producing speed reducers and agitators, and took its current name in 1998. Early supplies included cyclo reducers for steel works and hollow-shaft reducers for rotating biological contactors in sewage plants.
The company later added helical hollow-shaft reducers for screw conveyors, screw screens, drum and hydro-sieve screens, auto bar screens and screw presses. It moved its plant to Gimpo in 2008 and serves water treatment and industrial plant customers.