13 Facts About Young Chang

1.

Young Chang is among the largest and most automated of the world's piano manufacturers.

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2.

Young Chang had four manufacturing facilities as of 1999, three producing pianos and the fourth a sawmill producing wood for export from the United States.

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3.

Young Chang maintained a research and development facility in Waltham, Massachusetts.

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4.

Young Chang reported sales in the United States, China, Canada, Korea and the European Union under its own brand.

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5.

Young Chang produced pianos for Nakamichi of Hamamatsu, Japan until 1998; the units were modified by Nakamichi before export to the United States.

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6.

Young Chang was founded in 1956 as a distributor of Yamaha pianos for Korea and other parts of Asia.

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7.

Young Chang was founded by three brothers, Jai-Young Kim, Jai-Chang Kim and Jai-Sup Kim, as South Korea emerged as a major economy and producer of high quality goods.

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8.

Young Chang subsequently sold this subsidiary to Samsung America in 1987.

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9.

In 1988, Young Chang established a foundry for production of piano plates in Tianjin, China, to supplement production of this key component, produced in Korea.

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10.

In 1990, Young Chang purchased Kurzweil Music Systems, a maker of high end electronic and digital musical instruments.

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11.

In 1991, Young Chang invested to establish a subsidiary in Tacoma, Washington, Young Chang Timber, to cut and process North American spruce and maple for export to its Asian manufacturing sites.

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12.

The Chinese facility allowed Young Chang to start serving the low-end markets, part of a long-term strategy involving shifting production from Korea to China.

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13.

Young Chang has more than 2,000 full-time workers, designing and building its upright and grand pianos, and the electronic Kurzweil Music Systems.

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