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Founded in 1967, the Daewoo Group grew to be South Korea’s second largest conglomerate and had divisions involving heavy equipment, textiles, automobiles, buses, oil tankers, and even securities and pianos. The types of equipment that Daewoo manufactured included crawler tractors, dump trucks, forklifts, hydraulic excavators, mini excavators, skid steer loaders, and wheel loaders. Today, Daewoo focuses on building construction, electronics, shipbuilding, commercial vehicles, and investment.