COMPANY HISTORY
A QUICK LOOK BACK. BY A COMPANY THAT NEVER DOES.This is Dynamic Power
1968 – Dynamic Castings was founded by Eduardo C. Ngo in Mandaue City, Cebu. As a foundry, it offers non-ferrous (bronze castings) that serves as spare parts for various industrial machineries and equipment. It catered to a wide range of industries including: Shipping, Fishing, Food and Beverage Processing, Mining, Cement, Pulp & Paper Production, Wood, and Power Generation. The quality of its products made it possible to import Dynacast products to the Europe, the Middle East, Australia, North and South America, and parts of Asia.1997 – One of Dynacast’s successful product lines is the Marine Propeller and allowed it to capture almost 90% market share in the Shipping and Fishing industries. Due to its success, Dynamic Castings partnered with Advance China Marine Gearbox – the biggest manufacturer of gearboxes in China – to offer brand new marine gearbox to its clients. This gave birth to Dynamic Marine & Industrial Hardware, Inc.
2004 – Dynamic Marine & Industrial Hardware, Inc. was formally incorporated making it a separate entity from Dynamic Castings.
2007 – Dynamic Marine saw an opportunity to provide brand new marine engines to its clients who have been complaining on the poor performance of surplus engines, which was commonly available and were the only choices of industry players at that time. Dynamic Marine & Industrial Hardware, Inc. partnered with Weichai Power – the biggest and most modern engine manufacturer in China – to exclusively distribute brand new marine engines in the Philippines. Since then, Weichai Marine Engines became widely popular in the Philippines as it proved to be highly economical with over 40% fuel savings and lesser maintenance cost than any other foreign brand.
2008 – Dynamic Castings celebrated its 40th year highlighting the major milestones both companies achieved for the past 4 decades. Dynamic Marine also landed one of its major projects, selling close to 300 units Weichai Marine Engines to the Bureau of Fisheries and Aquatic Resources for its projects.
2011 – With the success of the Weichai brand in the Philippines, Dynamic Marine started to offer Land Generating Sets, which used Weichai engines and top of the line alternators. It was an opportunity seen by Dynamic Marine, as the need for Gensets in the Philippines was growing. To reflect the diversity of its product offering, Dynamic Marine was officially renamed to Dynamic Power & Marine Industrial Hardware, Inc.
2013 – Reaching out to more clients in the construction industry, Dynamic Power Marine & Industrial Hardware, Inc. joined the 4th PhilConstruct Visayas exhibition held at Lahug, Cebu City and won the Best Booth award for its category.
2014 – Dynamic Power and Weichai’s sales performance in the Philippines continued to grow exponentially and the Philippine market was the best performing market in the Asia Pacific region. To recognize its efforts, Weichai Power awarded Dynamic Power Marine & Industrial Hardware, Inc. the Best Dealer award, which was received by Dynamic Power’s President at Weichai’s headquarters in Weifang, Shandong, China.
2015 – Dynamic Power continued to grow its portfolio of brands and partnered with Moteurs Baudouin of France to offer marine engines and land gensets to a different market segment in the Philippines. This further strengthened Dynamic Power’s claim in the Philippine engine market as it could now directly compete with other US brands both in terms of quality and price.
2016 – Dynamic Power Marine & Industrial Hardware, Inc. continued to strengthen its product portfolio by partnering with more International brands such as: Garbarino from Italy, Gefico from Spain, Martechnic from Germany, Duramax from USA, and Caprari from Italy. The diversity of Dynamic Power’s product lines was showcased in the 3rd Marine Philippines Expo held at the SMX Convention Center in Pasay City, Manila.