Headquartered in Changwon with its affiliated research institute, PMG is operating its own shipyard in Busan, currently constructing a new shipyard in Jinhae (projected to be completed in December, 2021). It performs building and repairing work of various aluminum structures and ships including fishing boats, government vessels, and leisure boats. It is now developing eco-friendly propelling system of ships and smart unmanned ships. It also designs and constructs cabins of foreign as well as domestic ships and produces modular houses for land use. The company supplies good quality ship- building or industrial materials to domestic and foreign ship-yards and industries.