Tag: Hyundai Heavy Industries

Construction Equipment

Report: Hyundai Heavy Leading Bidder for Control of Doosan Infracore

Hyundai Heavy Industries Holdings is the leading contender among several preliminary bidders for a majority stake in Doosan Infracore, according to a report by Korean Investors and other media outlets. Reports of Doosan Group’s exploration of a sale of a 36% stake in its Infracore subsidiary—comprised of both Doosan’s own machines and those of the Bobcat […]

September 28, 2020

Dealers

Business Roundup: ALLU adds new facility; Construction planning continues slide; Subs sought for hurricane cleanup; Construction adds jobs

Construction adds 8,000 jobs in September The construction industry added 8,000 jobs during September bringing total industry employment to 6.911 million Americans, according to preliminary data from the Labor Department. Read more.   ALLU adds capacity with new facility in East Brunswick, N.J. ALLU has opened a new facility in East Brunswick, New Jersey, to give […]

October 10, 2017

Construction Equipment

Hyundai to manufacture Case CE, New Holland-branded compact excavators in new CNH Industrial deal

UPDATE: A previous version of this article stated that CNH Industrial does not currently manufacture a compact excavator line. It does and these new models will replace that lineup. We regret the error and the copy has been updated to reflect this correction. Hyundai Heavy Industries and CNH Industrial today announced a partnership that will […]

September 12, 2016

Business

Hyundai, Cummins enter joint venture

Hyundai Heavy Industries and Cummins have entered into a joint venture partnership to manufacture MidRange engines in Korea extending from 150- to 300-horsepower output for application in a wide range of Hyundai construction and industrial equipment. The Hyundai Cummins Engine Company or HCEC joint venture launch took place in Ulsan, Korea, where chief operating ffficer […]

September 18, 2012

Roadbuilding

Hyundai Construction Equipment U.S.A., Inc. officially changes name to Hyundai Construction Equipment Americas, Inc.

Hyundai has announced that Hyundai Construction Equipment U.S.A., Inc. (HCEUSA), which is headed by John Lim, president, has changed its corporate name to Hyundai Construction Equipment Americas, Inc. effective May 10, 2010. In December 2009, HCEUSA’s parent company, Hyundai Heavy Industries expanded the HCEUSA’s operational reach to cover all of North, Central and South America. […]

May 17, 2010