History

HISTORY

Apr. 1972

Operating division of Okayama District Invention Center Foundation established independence as “Kiki Kaihatsu Kogyo Co., Ltd.”
With capital of 5 million yen, mainly focused on specialized cutting machines.

Feb. 1974

Completed track link assembly machine for construction machinery.

Nov. 1976

Developed company’s first leak test machine, which became one of company’s core products.

Aug. 1977

Increased capital to 10 million yen.
Developed automotive seat adjuster assembly machine. Afterward, began producing various types of assembly machines.

Dec. 1978

Entered welding machine field.

Oct. 1979

Developed TIG/MIG welding machines for automotive door sashes and corners.

Jan. 1981

Increased capital to 22.9 million yen.

Jan. 1982

Developed automatic assembly machine for micro bearings.

Mar. 1986

Introduced CADAM.

Mar. 1987

Developed automotive key cutting machine and assembly line.

May 1988

Developed automotive engine assembly line.

Jun. 1989

Introduced corporate identity (CI) and changed company name to “CORETEC INC.”

Oct. 1991

Increased capital to 92 million yen.

Oct. 1992

Newly constructed and relocated Head Office and factory to present address.

Apr. 1996

Launched Ecology Business Division.

Apr. 2000

Advanced into nutrunner field.
Established Chubu Office.
Launched Open System Division.

Oct. 2000

Acquired ISO 9001 certification.

Dec. 2001

Acquired ISO 14001 certification.

Sep. 2003

Established subsidiary “Coretec MDM Inc.” in Zhejiang Province, China.

Oct. 2004

Expanded Head Office’s East Factory.

Jan. 2006

Relocated Chinese subsidiary to Zhang Jia Gang, Jiangsu Province, and established “Coretec CN (Zhang Jia Gang) Machinery Inc.”

Mar. 2006

Increased capital to 167 million yen.

Aug. 2007

Constructed new “Coretec CN (Zhang Jia Gang) Machinery” factory.

Mar. 2009

Constructed new Azo factory in Soja City.

Apr. 2010

Launched Line Camera System Division.

Oct. 2010

Launched New Business (NB) Division.

Dec. 2011

Started selling weed-controlling solar cell sheets.

Mar. 2014

Started selling 3D weld bead inspection systems.

Jun. 2015

Released iSommelier wine search system.

May. 2017

3-Wheel EV “eFalcon” prototype developed.

Jun. 2019

Kanto Office opened.

 
Apr. 2022

50th anniversary of company establishment.