For experimental studies on the production of MR fluid for MR dampers, MR fluid with a viscosity of 506 cP and a density of 2.6 g/cc was produced. In order for MR fluid to have suitable performance for MR dampers, it is important to select surfactants, magnetic particles, base oil, and characteristic additives to obtain high damping force and maintain physical and chemical properties. In order to investigate the redispersibility of MR fluid, viscosity, density, saturation magnetic flux density, dispersibility, and temperature effects were evaluated. A particle size distribution meter and a vibrating magnetometer were used, and a yield stress and redispersion device were developed to obtain the yield stress of the MR fluid. The recovery rate of MR fluid was approximately 97% at 0.2% succinic acid coating and 8% anti-settling agent. And when current is applied, the viscosity increases by more than 90% due to magnetic properties.