Factory, an art space and art consulting office, was founded in 2002 as Factory Arts & Crafts, and was primarily dedicated to introducing different genres in fine art and design as well as performing arts and developing original design products conceived by different artists.

In 2005, Factory moved its location from Samchung-dong to Hyoja-dong, neighboring the Blue House and Gyeongbok Palace, changed its direction more toward presentation and interpretation of the work of young and upcoming artists in all media and development of audience participation through workshop programs and gallery talks.

Factory seeks to be a vital cultural resource for the City of Seoul and to serve constituencies beyond Seoul with its educational programs, project-based public art projects, publications and international exchange programs.