Poongsan Corporation
Pyeongtaek, Gyeonggi-do
- UEI
- V11UZLDM7J97
- CAGE
- 1583F
- Primary NAICS
- 332992 Small Arms Ammunition Manufacturing
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
- Corporate family
-
-
- Cedar Rapids, IA L331KLRZBPY4
-
- SAM.gov registration date
- Physical address
- 134 Pyeongtaekhang-ro 156beon-gil, Poseung-eup, Pyeongtaek, Gyeonggi-do, South Korea
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $0 |
| FY2025 | $0 |
| FY2024 | $0 |
| FY2023 | $68,900,000 |
Contract awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Award for jpeo AA. | ACC Picatinny | $68,900,000 | |
| NSN: 1305-01-596-1319 AB72 7.62MM bottlenose blank | Joint Munitions Command (AMC) | $2,069,278 | |
| The purpose of this action is to procure the following: CTG 7.62MM blank ceremonial. | Joint Munitions Command (AMC) | $3,184,877 |
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| PMX Industries, Inc. | Cedar Rapids, IA | 331420 Copper Rolling, Drawing, Extruding, and Alloying |
| Russel Metals Inc. | — | — |
| Lach Diamond Inc. | Kentwood, MI | 333515 Cutting Tool and Machine Tool Accessory Manufacturing |
| Artazn LLC | Greeneville, TN | 331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding |
| Kusters USA Inc. | Johnstown, PA | 811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance |
About the company
Poongsan Corporation is a South Korean company that provides metal products and services to various industries, including the U.S. federal government. Through its U.S. subsidiary, PMX Industries Inc., Poongsan Corporation has been a significant supplier of raw materials for coin production to the United States Mint, a bureau of the Department of the Treasury. The company specializes in manufacturing and supplying metal strips and other base materials crucial for the production of circulating coinage, including quarters, dimes, nickels, and pennies.
PMX Industries Inc., operating on behalf of Poongsan Corporation, has received numerous federal contract awards from the United States Mint since at least 2019. These awards, primarily in the form of firm fixed price delivery orders, range in value from approximately $2.5 million to over $30 million. The contracts consistently involve providing strip and metal for circulating coinage, with work performed at PMX's facility in Cedar Rapids, Iowa. In February 2023, PMX was awarded a substantial $2.3 billion indefinite delivery contract to supply base metals strip for circulating coinage over a 10-year period ending in 2032. This long-term agreement underscores PMX's critical role as the sole supplier of these essential materials to the Mint. Notably, these contracts do not carry set-aside designations, and no major subcontractors are typically identified in the awards. The consistent nature and high value of these contracts highlight Poongsan Corporation's significant and ongoing contribution to the U.S. monetary system through its subsidiary's partnership with the United States Mint.
Quick answers
Is Poongsan Corporation registered in SAM.gov?
Yes. Poongsan Corporation's SAM.gov registration is active through October 14, 2027.
How much has Poongsan Corporation received in federal contracts?
Federal contracts obligated $68,900,000 to Poongsan Corporation in fiscal years 2023 through 2027.
What is Poongsan Corporation's most recent federal award?
Poongsan Corporation's most recent federal contract award is Award for jpeo AA (W15QKN23C0008), from ACC Picatinny, on January 6, 2023.
On GovTribe
See Poongsan Corporation's full federal record
- Federal contract awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors