
LS Mtron Ltd.
South Korean industrial machinery maker behind LS Tractor, an unlisted subsidiary of LS Corp in the LS Group conglomerate.
Company Type
private
Founded
2008
Headquarters
Anyang, Gyeonggi, South Korea
Revenue
KRW 1.1177 trillion (FY2025, consolidated)
Employees
Approximately 1,300
Primary Market
Global
LS Mtron Ltd. Timeline
About LS Mtron Ltd.
Is LS Mtron publicly traded?
No. LS Mtron is an unlisted subsidiary. Its parent, LS Corp, trades on the Korea Exchange under ticker 006260, which is the only way to invest in the business.
Who owns LS Mtron?
LS Mtron is owned by LS Corp, the listed holding company of the LS Group conglomerate, which controls it as a subsidiary.
What does LS Mtron make?
Its two main products are LS Tractor agricultural machinery and industrial injection molding machines for plastics processing.
When was LS Mtron founded?
LS Mtron was formed in July 2008 when the LS Group consolidated its machinery operations, though the tractor business inside it dates to 1977.
What is LS Mtron's market position?
It is one of Korea's three main tractor makers and a mid-tier global compact tractor exporter, with FY2025 consolidated revenue of KRW 1.1177 trillion.
Where are LS tractors made?
Primarily in South Korea at LS Mtron's plants, with additional production in Brazil for Latin America and in China for Asian markets.
History of LS Mtron Ltd.
LS Mtron is a young legal entity built on a much older industrial operation. The agricultural machinery business at its core began in 1977 within the industrial arm of the Lucky-Goldstar group, the predecessor of today's LG conglomerate, when Korean farm mechanization was taking off.
The lineage then followed the chaebol's restructuring. LG Precision's machinery operations passed through LG Cable until 2003, when the cable and industrial businesses were separated from LG to form the independent LS Group, taking the LS initials from the old Lucky-Goldstar name. The tractor and machinery operations went with the new group.
In July 2008 LS Group consolidated its machinery operations into a newly formed subsidiary, LS Mtron, bringing the agricultural machinery, injection molding, and related component businesses under one company. The tractor line was rebranded from its former identity to the LS Tractor name it carries today.
Growth since has been built on export expansion. LS Tractor USA was established in Battleboro, North Carolina to serve North America, the company built tractor production in Brazil for Latin America and machinery plants in China for Asia, and it has added sales subsidiaries including LS IMM USA and operations in Mexico and Indonesia. By FY2025 the two-pillar model produced KRW 1.1177 trillion in revenue, keeping it a steady mid-size player in both its markets.
Brands Owned by LS Mtron Ltd.
LS Mtron Ltd. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
LS Mtron Ltd.
private · Founded 2008 · Anyang, Gyeonggi, South Korea
1
brands
LS Mtron Ltd. Ownership: Pros & Cons
Advantages
- +Backed by LS Group's large industrial balance sheet and reach
- +Integrated Korean manufacturing plus plants in Brazil and China
- +Two-business model diversifies across agriculture and industrial machinery
- +Established North American dealer and parts network
- +Contract manufacturing relationships extend volume and utilization
Considerations
- -Third position in its home market behind TYM and Daedong
- -Unlisted status limits direct capital access and visibility
- -Product range concentrated in lower-horsepower segments
- -Thin operating margins typical of the machinery business
Frequently Asked Questions About LS Mtron Ltd.
Is LS Mtron publicly traded?
No. LS Mtron is an unlisted subsidiary. Its parent, LS Corp, trades on the Korea Exchange under ticker 006260, which is the only way to invest in the business.
Who owns LS Mtron?
LS Mtron is owned by LS Corp, the listed holding company of the LS Group conglomerate, which controls it as a subsidiary.
What does LS Mtron make?
Its two main products are LS Tractor agricultural machinery and industrial injection molding machines for plastics processing.
When was LS Mtron founded?
LS Mtron was formed in July 2008 when the LS Group consolidated its machinery operations, though the tractor business inside it dates to 1977.
What is LS Mtron's market position?
It is one of Korea's three main tractor makers and a mid-tier global compact tractor exporter, with FY2025 consolidated revenue of KRW 1.1177 trillion.
Where are LS tractors made?
Primarily in South Korea at LS Mtron's plants, with additional production in Brazil for Latin America and in China for Asian markets.
Sources & Further Reading
- LS Mtron Official Site
- LS Group Investor Relations
- LS Tractor USA
- LS Tractor Brand Page - /brands/ls-tractors





