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Hyundai Welding

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Namestring
Hyundai Welding
Legal namestring
HYUNDAI WELDING CO., LTD.
Company typeenum
Private
Founded yearint
1975
Descriptiontext

Hyundai Welding Co., Ltd. (현대종합금속), founded in 1975 and headquartered in Seoul, South Korea, is a vertically integrated welding consumables and equipment manufacturer serving heavy-industrial customers worldwide. The company's core product portfolio spans welding consumables across all major processes — SMAW (electrodes), GMAW (solid wires), FCAW (flux cored wires), SAW (submerged arc fluxes), and TIG rods — alongside welding equipment (Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and robotic welding systems) sold through its Hyundai PNS subsidiary. Specialized offerings include cryogenic 9% nickel steel consumables for LNG applications (SR-134, SA-08, S-Ni2), CTOD-tested products for offshore structures, and nuclear-grade consumables qualified for power plant projects. The group also operates Hyundai Superteck (nonferrous metal welding materials), Hyundai Gloville (logistics and raw materials), and the BWTS business unit, which sells ballast water treatment systems, training, and R&D services to maritime customers under IMO BWM Convention compliance.

The company sells primarily through enterprise field sales, direct website channels, and major international trade exhibitions (WIN EURASIA, FABTECH, India Essen Welding & Cutting, FEIMEC). Named enterprise customers include KHNP, KOGAS, KIPIC, Shell Offshore, ExxonMobil, Qatar Petroleum, Fincantieri, Meyer Turku, DEME Group, Navantia, ONGC, Eiffage España, and the Turkish government. Hyundai Welding operates in over 20 countries with manufacturing in Pohang-si, South Korea and a new plant under construction in Chennai, India (Chennstar Private Limited, commencing October 2025). Pricing is quote-based and not publicly disclosed. The customer base spans automotive, shipbuilding, LNG, offshore wind, structural engineering, heavy equipment, nuclear power, pressure vessels, oil & gas, and petrochemical sectors.

Short descriptiontext

Hyundai Welding Co., Ltd. is a South Korean manufacturer of welding consumables (SMAW, GMAW, FCAW, SAW, TIG) and equipment, plus ballast water treatment systems, serving shipbuilding, LNG, nuclear power, offshore, automotive, and heavy equipment customers in over 20 countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSeoul, South Korea
HQ citystring
Seoul
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
welding consumables, welding equipment, ballast water treatment, industrial welding solutions, flux cored welding
Industry2 codes
1Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing)
CodeIMAHADAHPrimaryYes
2Welding & Plasma Power Supplies (Industrial welders, cutting power sources)
CodeIMAGADAIPrimaryNo
NAICS code1 code
  • Spring and Wire Product Manufacturing33261
SIC code1 code
  • Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose3050
Product category
Industrial Welding Consumables & Equipment
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Welding Consumables
TypeOne Time License
Description

Sale of welding consumables including electrodes (SMAW), solid wires (GMAW), flux cored wires (FCAW), TIG rods, and submerged arc fluxes. Products are sold directly through product website and at international trade exhibitions.

hyundaiwelding.com
2Welding Equipment
TypeHardware Sales
Description

Sale of welding machines and equipment through Hyundai PNS subsidiary. Product lines include Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and auto welding systems.

hyundaiwelding.com
3Ballast Water Treatment Systems (BWTS)
TypeHardware Sales
Description

Sale and service of BWTS products including equipment, training, and research support for maritime customers.

hyundaiwelding.com
4Logistics Services
TypeProfessional Services
Description

Hyundai Gloville provides logistics services including import/export freight, inland transportation, warehouse storage, and 3PL solutions.

hyundaiwelding.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1Hyundai PNS
Description

Welding machine business producing Premium Hi series, MIG/MAG, SAW, TIG, portable, and auto welding equipment

hyundaiwelding.com
+2 more records
Core offering1 text field

Hyundai Welding manufactures and sells welding consumables (electrodes, solid wires, flux-cored wires, TIG rods, and submerged arc fluxes) and welding equipment (MIG/MAG, SAW, TIG, portable, and automated systems) through its Hyundai PNS subsidiary, alongside Ballast Water Treatment Systems (BWTS) for maritime vessels. Its products are engineered for demanding industrial applications including LNG storage, offshore structures, nuclear power plants, shipbuilding, automotive manufacturing, and heavy equipment.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • New manufacturing facility in Chennai, India (Chennstar Private Limited) launching October 2025 to serve Indian market with FCAW and GMAW products
+1 more record
Product and service9 records
1Welding Consumables
CategoryWelding Consumables
Description

Full range of welding consumables including SMAW electrodes, GMAW solid wires, FCAW flux-cored wires, TIG rods, and SAW fluxes for automotive, shipbuilding, LNG, offshore, nuclear, structural, and heavy equipment manufacturing customers.

2Welding Equipment
CategoryWelding Equipment
Description

Welding machines and equipment manufactured by Hyundai PNS subsidiary, including the Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and automated welding systems for industrial fabricators.

3Ballast Water Treatment Systems (BWTS)
CategoryMarine Environmental Equipment
Description

Ballast water treatment systems for maritime vessels to comply with IMO Ballast Water Management Convention requirements, supported by a training center and R&D capabilities.

4Hi400i Robot Welder
CategoryWelding Equipment
Description

Robot welder for automated welding applications, launched for industrial customers seeking automation-compatible welding solutions.

5HG200 Portable MIG Equipment
CategoryWelding Equipment
Description

Portable MIG welding equipment designed for on-site and field welding applications.

6Hi1500SA High-Capacity AC/DC Welder
CategoryWelding Equipment
Description

High-capacity AC/DC welder engineered for subarc (submerged arc) applications, targeted at heavy industrial fabricators.

7Special Welding Materials for Nonferrous Metals
CategoryWelding Consumables
Description

Specialized welding consumables and solutions for nonferrous metal welding applications, sold through Hyundai Superteck subsidiary.

8Cobot Welding System
CategoryWelding Automation
Description

Collaborative robot welding system for automotive, shipbuilding, heavy equipment, and structural engineering applications.

9MEGA BAG and MEGA COIL Subarc Packaging
CategoryWelding Consumables Packaging
Description

Submerged arc welding packaging solutions (MEGA BAG and MEGA COIL formats) designed to improve operational efficiency and productivity for high-volume SAW users.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global leader in welding consumables, welding equipment, and cutting systems. Directly comparable to Hyundai Welding across consumables (electrodes, wires, fluxes) and equipment (MIG/TIG/Stick). Both serve shipbuilding, energy, structural, and heavy equipment end-markets under recognized brand names.

TypeDirect peer
Description

Major global manufacturer of welding and cutting consumables and equipment, spun out of Colfax. Direct overlap with Hyundai Welding in FCAW/GMAW/SAW consumables and equipment for fabrication, shipbuilding, and energy. Comparable international footprint and product breadth.

TypeDirect peer
Description

Subsidiary of Illinois Tool Works and one of the largest welding equipment manufacturers globally. Direct comparable on the equipment side (MIG/TIG/SAW power sources) including automation and engine-driven welders, overlapping with Hyundai Welding's Hyundai PNS equipment line.

TypeDirect peer
Description

Japanese integrated steelmaker with a major welding consumables business (Kobelco). Competes with Hyundai Welding in Asian markets across flux-cored wires, stick electrodes, and submerged arc products for shipbuilding, structural, and energy applications.

TypeDirect peer
Description

Austrian manufacturer of welding equipment, robotics, and solar energy electronics. Direct comparable on welding power sources and automated/cobot welding systems, overlapping with Hyundai Welding's automation-ready consumables and Hi400i/cobot offerings.

TypeDirect peer
Description

European welding consumables specialist (formerly Böhler and UTW), part of voestalpine. Direct competitor in high-alloy, cryogenic, and offshore welding consumables — overlapping with Hyundai Welding's specialty products for LNG, offshore, and petrochemical applications.

TypeDirect peer
Description

Japanese manufacturer of welding and power electronics equipment, including OTC Daihen robots for arc welding. Competes with Hyundai Welding in Asian shipbuilding and heavy equipment end-markets across both consumables and automated welding systems.

TypeEmerging player
Description

Major Chinese welding consumables manufacturer with growing export presence. Comparable on commodity and mid-tier welding consumables (electrodes, flux-cored wires) in price-sensitive Asian and emerging markets, putting pricing pressure on premium and mid-tier consumables lines.

TypeOthers
Description

Korean steelmaker within the broader Hyundai industrial group. Not a direct welding consumables competitor, but both companies share the Hyundai brand association, and Hyundai Steel is a downstream user of welding consumables, making it a relevant ecosystem participant and potential customer/supply-chain reference.

TypeDirect peer
Description

Finnish marine technology company with a major Ballast Water Management Systems (BWMS) business (Wärtsilä Aquarius). Direct competitor to Hyundai Welding's BWTS franchise in IMO-compliant maritime treatment systems for shipyards and vessel operators.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks1 record

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers17 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment10 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hyundai Welding

Industrial Welding Consumables & Equipmenthyundaiwelding.com

Hyundai Welding Co., Ltd. is a South Korean manufacturer of welding consumables (SMAW, GMAW, FCAW, SAW, TIG) and equipment, plus ballast water treatment systems, serving shipbuilding, LNG, nuclear power, offshore, automotive, and heavy equipment customers in over 20 countries.

What Hyundai Welding does

Hyundai Welding Co., Ltd. (현대종합금속), founded in 1975 and headquartered in Seoul, South Korea, is a vertically integrated welding consumables and equipment manufacturer serving heavy-industrial customers worldwide. The company's core product portfolio spans welding consumables across all major processes — SMAW (electrodes), GMAW (solid wires), FCAW (flux cored wires), SAW (submerged arc fluxes), and TIG rods — alongside welding equipment (Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and robotic welding systems) sold through its Hyundai PNS subsidiary. Specialized offerings include cryogenic 9% nickel steel consumables for LNG applications (SR-134, SA-08, S-Ni2), CTOD-tested products for offshore structures, and nuclear-grade consumables qualified for power plant projects. The group also operates Hyundai Superteck (nonferrous metal welding materials), Hyundai Gloville (logistics and raw materials), and the BWTS business unit, which sells ballast water treatment systems, training, and R&D services to maritime customers under IMO BWM Convention compliance.

The company sells primarily through enterprise field sales, direct website channels, and major international trade exhibitions (WIN EURASIA, FABTECH, India Essen Welding & Cutting, FEIMEC). Named enterprise customers include KHNP, KOGAS, KIPIC, Shell Offshore, ExxonMobil, Qatar Petroleum, Fincantieri, Meyer Turku, DEME Group, Navantia, ONGC, Eiffage España, and the Turkish government. Hyundai Welding operates in over 20 countries with manufacturing in Pohang-si, South Korea and a new plant under construction in Chennai, India (Chennstar Private Limited, commencing October 2025). Pricing is quote-based and not publicly disclosed. The customer base spans automotive, shipbuilding, LNG, offshore wind, structural engineering, heavy equipment, nuclear power, pressure vessels, oil & gas, and petrochemical sectors.

Hyundai Welding firmographics

Firmographics
Name
Hyundai Welding
Legal name
HYUNDAI WELDING CO., LTD.
Website
https://hyundaiwelding.com
Company type
Private
Founded year
1975
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Hyundai Welding Co., Ltd. is a South Korean manufacturer of welding consumables (SMAW, GMAW, FCAW, SAW, TIG) and equipment, plus ballast water treatment systems, serving shipbuilding, LNG, nuclear power, offshore, automotive, and heavy equipment customers in over 20 countries.
Ownership category
akta.pro rank

Hyundai Welding industry classification

Industry
Product category
Industrial Welding Consumables & Equipment
NAICS
Spring and Wire Product Manufacturing (33261)
SIC
Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)
akta.pro primary industry
Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing) (IMAHADAH)
akta.pro secondary industry
Welding & Plasma Power Supplies (Industrial welders, cutting power sources) (IMAGADAI)

Keywords

  • Welding consumables
  • Welding equipment
  • Ballast water treatment
  • Industrial welding solutions
  • Flux cored welding

Where Hyundai Welding is headquartered

Location

Headquarters

HQ city
Seoul
HQ country
South Korea
HQ region
Asia

Offices6 records

Markets served

Hyundai Welding business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Welding Consumables: Sale of welding consumables including electrodes (SMAW), solid wires (GMAW), flux cored wires (FCAW), TIG rods, and submerged arc fluxes. Products are sold directly through product website and at international trade exhibitions.
  2. Welding Equipment: Sale of welding machines and equipment through Hyundai PNS subsidiary. Product lines include Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and auto welding systems.
  3. Ballast Water Treatment Systems (BWTS): Sale and service of BWTS products including equipment, training, and research support for maritime customers.
  4. Logistics Services: Hyundai Gloville provides logistics services including import/export freight, inland transportation, warehouse storage, and 3PL solutions.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Hyundai Welding product offering

Product offering

Core offering

Hyundai Welding manufactures and sells welding consumables (electrodes, solid wires, flux-cored wires, TIG rods, and submerged arc fluxes) and welding equipment (MIG/MAG, SAW, TIG, portable, and automated systems) through its Hyundai PNS subsidiary, alongside Ballast Water Treatment Systems (BWTS) for maritime vessels. Its products are engineered for demanding industrial applications including LNG storage, offshore structures, nuclear power plants, shipbuilding, automotive manufacturing, and heavy equipment.

Differentiator

Problem solved

Functional benefit

Brands

  • Hyundai PNS: Welding machine business producing Premium Hi series, MIG/MAG, SAW, TIG, portable, and auto welding equipment
  • Hyundai Superteck
  • Hyundai Gloville

Products and services

  • Welding Consumables Full range of welding consumables including SMAW electrodes, GMAW solid wires, FCAW flux-cored wires, TIG rods, and SAW fluxes for automotive, shipbuilding, LNG, offshore, nuclear, structural, and heavy equipment manufacturing customers.
  • Welding Equipment Welding machines and equipment manufactured by Hyundai PNS subsidiary, including the Premium Hi series, MIG/MAG, SAW, TIG, portable welders, and automated welding systems for industrial fabricators.
  • Ballast Water Treatment Systems (BWTS) Ballast water treatment systems for maritime vessels to comply with IMO Ballast Water Management Convention requirements, supported by a training center and R&D capabilities.
  • Hi400i Robot Welder Robot welder for automated welding applications, launched for industrial customers seeking automation-compatible welding solutions.
  • HG200 Portable MIG Equipment Portable MIG welding equipment designed for on-site and field welding applications.
  • Hi1500SA High-Capacity AC/DC Welder High-capacity AC/DC welder engineered for subarc (submerged arc) applications, targeted at heavy industrial fabricators.
  • Special Welding Materials for Nonferrous Metals Specialized welding consumables and solutions for nonferrous metal welding applications, sold through Hyundai Superteck subsidiary.
  • Cobot Welding System Collaborative robot welding system for automotive, shipbuilding, heavy equipment, and structural engineering applications.
  • MEGA BAG and MEGA COIL Subarc Packaging Submerged arc welding packaging solutions (MEGA BAG and MEGA COIL formats) designed to improve operational efficiency and productivity for high-volume SAW users.

Quantifiable outcome

  • New manufacturing facility in Chennai, India (Chennstar Private Limited) launching October 2025 to serve Indian market with FCAW and GMAW products
  • +1 more outcomes

Companies that use Hyundai Welding

Customer profile

Named customers17 records

Segments10 records

Ideal customer profiles5 records

Hyundai Welding technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Hyundai Welding partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Hyundai Welding competitors and assessment

Company assessment

Direct peers

  • Lincoln Electric Holdings: Global leader in welding consumables, welding equipment, and cutting systems. Directly comparable to Hyundai Welding across consumables (electrodes, wires, fluxes) and equipment (MIG/TIG/Stick). Both serve shipbuilding, energy, structural, and heavy equipment end-markets under recognized brand names.
  • ESAB Corporation: Major global manufacturer of welding and cutting consumables and equipment, spun out of Colfax. Direct overlap with Hyundai Welding in FCAW/GMAW/SAW consumables and equipment for fabrication, shipbuilding, and energy. Comparable international footprint and product breadth.
  • Miller Electric (ITW): Subsidiary of Illinois Tool Works and one of the largest welding equipment manufacturers globally. Direct comparable on the equipment side (MIG/TIG/SAW power sources) including automation and engine-driven welders, overlapping with Hyundai Welding's Hyundai PNS equipment line.
  • Kobe Steel: Japanese integrated steelmaker with a major welding consumables business (Kobelco). Competes with Hyundai Welding in Asian markets across flux-cored wires, stick electrodes, and submerged arc products for shipbuilding, structural, and energy applications.
  • Fronius International: Austrian manufacturer of welding equipment, robotics, and solar energy electronics. Direct comparable on welding power sources and automated/cobot welding systems, overlapping with Hyundai Welding's automation-ready consumables and Hi400i/cobot offerings.
  • voestalpine Böhler Welding: European welding consumables specialist (formerly Böhler and UTW), part of voestalpine. Direct competitor in high-alloy, cryogenic, and offshore welding consumables — overlapping with Hyundai Welding's specialty products for LNG, offshore, and petrochemical applications.
  • Daihen Corporation: Japanese manufacturer of welding and power electronics equipment, including OTC Daihen robots for arc welding. Competes with Hyundai Welding in Asian shipbuilding and heavy equipment end-markets across both consumables and automated welding systems.
  • Wärtsilä (Water & Waste / BWMS): Finnish marine technology company with a major Ballast Water Management Systems (BWMS) business (Wärtsilä Aquarius). Direct competitor to Hyundai Welding's BWTS franchise in IMO-compliant maritime treatment systems for shipyards and vessel operators.

Emerging players

  • Tianjin Bridge Welding Materials Group: Major Chinese welding consumables manufacturer with growing export presence. Comparable on commodity and mid-tier welding consumables (electrodes, flux-cored wires) in price-sensitive Asian and emerging markets, putting pricing pressure on premium and mid-tier consumables lines.

Others

  • Hyundai Steel: Korean steelmaker within the broader Hyundai industrial group. Not a direct welding consumables competitor, but both companies share the Hyundai brand association, and Hyundai Steel is a downstream user of welding consumables, making it a relevant ecosystem participant and potential customer/supply-chain reference.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

Hyundai Welding financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hyundai Welding leadership team

Management profile

Number of profiles

Profiles1 record

Hyundai Welding subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Hyundai Welding funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hyundai Welding M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyundai Welding

What does Hyundai Welding do?

Hyundai Welding manufactures and sells welding consumables (electrodes, solid wires, flux-cored wires, TIG rods, and submerged arc fluxes) and welding equipment (MIG/MAG, SAW, TIG, portable, and automated systems) through its Hyundai PNS subsidiary, alongside Ballast Water Treatment Systems (BWTS) for maritime vessels. Its products are engineered for demanding industrial applications including LNG storage, offshore structures, nuclear power plants, shipbuilding, automotive manufacturing, and heavy equipment.

Is Hyundai Welding a public or private company?

Hyundai Welding is a private company. It is classified as unknown and is currently operating.

When was Hyundai Welding founded?

Hyundai Welding was founded in 1975. It employs 1,001 to 5,000 people.

Where is Hyundai Welding based?

Hyundai Welding is headquartered in Seoul, South Korea, in the Asia region.

How does Hyundai Welding make money?

Four revenue lines are on record. Welding Consumables are the primary driver. The others are welding Equipment, ballast Water Treatment Systems (BWTS) and logistics Services.

Who are Hyundai Welding's main competitors?

Direct peers on record are Lincoln Electric Holdings, ESAB Corporation, Miller Electric (ITW), Kobe Steel, Fronius International, voestalpine Böhler Welding, Daihen Corporation and Wärtsilä (Water & Waste / BWMS). Tianjin Bridge Welding Materials Group is listed as an emerging player. Hyundai Steel is listed as an others.

Does Hyundai Welding have an API?

No public API is recorded for Hyundai Welding.

What industry is Hyundai Welding in?

Hyundai Welding's product category is Industrial Welding Consumables & Equipment. Its primary akta.pro industry code is IMAHADAH, Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing), with a secondary code of IMAGADAI, Welding & Plasma Power Supplies (Industrial welders, cutting power sources). Its NAICS code is 33261 and its SIC code is 3050.

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