KOREA FLANGE CO., LTD is a Korea-based company mainly engaged in the manufacture of automobile parts, flanges and industrial machines. Its automobile parts include half shafts, front axle assemblies, break assemblies and constant velocity joints for cars and trucks. Its flanges include welding neck flanges, slip-on flanges, socket-welding flanges, screwed flanges, lap joint flanges and blind flanges used as fittings. Its industrial machines include air and exhaust receivers, bedplates and frame boxes of vessel engines used in shipbuilding industry. Through its subsidiary, it also engages in the broadcasting business. As of December 31, 2011, the Company had eight subsidiaries and affiliated companies in Korea and overseas.