History

1960
s

Apr. 1961

Koichi Otake started a sole proprietorship in Kasuga-cho, Warabi-shi, Saitama Prefecture, with the aim of manufacturing and selling ultraminiature sintered alloy products.

Apr. 1964

The business was incorporated as a “yugen gaisha” (limited liability company) called Heiwa Sangyo in Arakawa-ku, Tokyo. Capital was set at 400,000 yen.

Aug. 1965

Capital was set at 1 million yen.

Apr. 1966

The company emblem was established, and Peace-Lon was made the brand name.

Jun. 1966

A new plant was established in Urawa-shi, Saitama Prefecture, and the Head Office was relocated to that location at the same time.

Jan. 1967

Capital was set at 4.5 million yen.

Oct. 1967

Heiwa Sangyo was reorganized into a “kabushiki gaisha” (stock company), which succeeded the entire previous organization as Heiwa Sangyo Co., Ltd.

Dec. 1969

Capital was set at 10 million yen.

1970
s

Feb. 1973

Urawa Peace-Lon was newly built and an increase in production was planned.

1980
s

Apr. 1980

The Sales Dept. and Development Dept. were unified into the Sales Headquarters, which was newly established at the Urawa Peace-Lon plant.

Sep. 1983

Karuizawa Peace-Lon was completed. The Manufacturing Div. was relocated to the Urawa Peace-Lon.
A remarkable production increase became possible.

Jan. 1985

In response to the expansion and development of business, new corporate identity plans involving company marks, the Peace-Lon brand logo, the company name, and so on were implemented.

Oct. 1987

The Karuizawa Peace-Lon 2nd plant was newly established.
Urawa Peace-Lon was closed and the Manufacturing Dept. was relocated to the Karuizawa Peace-Lon 2nd plant.

Apr. 1989

A technology provision contract was signed with “Chengdu Pinghe Powder Metallurgy Co., Ltd.”

1990
s

Aug. 1990

A 100% subsidiary “Heiwa Industry (Dalian) Co., Ltd.” was established in Dalian City, China.
Manufacture began in a standard plant in a development zone.

Apr. 1992

A new head office building was constructed in Buzo, Urawa-shi. Head Office was relocated.

Apr. 1993

A new office building was built for “Heiwa Industry (Dalian), Co., Ltd.” in a development zone of Dalian City, China.
Relocation from the standard plant was carried out.。

Aug. 1998

A 2nd plant was newly built for “Heiwa Industry (Dalian), Co., Ltd.” in the development zone of Dalian City, China.

2000
s

Nov. 2000

The company obtained ISO9001 certification. The company received a JQA quality system registration certificate.

Apr. 2001

The company published its website.

Sep. 2003

A technology provision contract was signed with Pinghelong Powder Metallurgy (Zhuhai) Co., Ltd.

2010
s

Jan. 2017

A Vietnam laboratory was established.

2020
s

Jan. 2020

Toru Otake became President of the company

Mar. 2022

60th anniversary of company establishment