Who Owns LS Tractor?

LS Tractor's lineage runs through several Korean corporate identities before its current one. The agricultural machinery operation began in 1977 within the industrial arm of the Lucky-Goldstar group, the predecessor of LG, producing tractors for Korea's mechanizing farm sector through the 1980s and 1990s under the LG name.

The business changed badge twice as the conglomerate restructured. When the cable and machinery interests were separated from LG in 2003 to form the LS Group, the tractor operation went with them. In 2008 the machinery businesses were consolidated into a newly formed LS Mtron, and the tractor line was relaunched under the LS Tractor brand, the name it carries today.

International expansion followed quickly. LS Tractor established its North American arm, LS Tractor USA, headquartered in Battleboro, North Carolina, building a dealer network for its compact and utility range. The company built manufacturing in Brazil to serve Latin America and plants in China for Asian markets, extending a reach that now covers more than 40 countries.

LS Mtron's tractor business sits alongside its injection molding machine operation as the company's two pillars. FY2025 revenue was KRW 1.1177 trillion, up 5.9 percent, with roughly 1,300 employees, and the tractor division remains one of Korea's three main producers alongside TYM and Daedong, competing in the global sub-100-horsepower market where Korean brands have built their reputation.