News & Events

Upcoming Events

NCBA (National Cattlemen’s Beef Assoc.) Show

Start Date: January 28, 2024

End Date: February 2, 2024

Orange County Convention Center
Orlando, FL 32869

American Rental Association

Start Date: February 18, 2024

End Date: February 24, 2024

Ernest N. Morial Convention Center
900 Convention Center Blvd
New Orleans, LA 70130

World of Asphalt

Start Date: March 25, 2024

End Date: March 27, 2024

Nashville Music City Center
201 Fifth Avenue South
Nashville, TN 37203

ISRI (Institute of Scrap Recycling) Show

Start Date: April 15, 2024

End Date: April 18, 2024

Mandalay Bay Resort & Casino
3950 S Las Vegas Blvd
Las Vegas, NV 89119

NHES (National Heavy Equipment Show)

Start Date: April 11, 2024

End Date: April 12, 2024

The International Centre
6900 Airport Rd
Mississauga, ON L4V 1E8
Canada

Waste Expo

Start Date: May 7, 2024

End Date: May 9, 2024

Las Vegas Convention Center
West Hall
3150 Paradise Rd
Las Vegas, NV 89109

SIMA Snow & Ice Show

Start Date: June 25, 2024

End Date: June 28, 2024

David L. Lawrence Convention Center
1000 Fort Duquesne Blvd,
Pittsburgh, PA 15222

Hyundai Construction Equipment to Invest $170 Million to Expand Production Capacity by 50%

Hyundai Construction Equipment to Invest $170 Million to Expand Production Capacity by 50%

December 22, 2021 | Corporate News

NORCROSS, Ga. (Dec. 22, 2021) – Hyundai Construction Equipment Americas, Inc., today announced that its parent company, Hyundai Construction Equipment, plans to invest US$170 million in its Ulsan factory to increase production capacity by 50 percent and simplify its manufacturing processes for increased efficiency.

With this investment, the company will increase its capacity at Ulsan, its major production base, to 15,000 units of construction equipment. This investment, to be spread across four years, is the largest since the company’s launch as a newly established corporation in 2017.

“This increase in manufacturing capability means that Hyundai will be able to address global growth in construction activity,” said Stan Park, President, Hyundai Construction Equipment Americas. “For North America, this positions us to better meet demand arising from planned investments in infrastructure expansion.”

Hyundai Construction Equipment’s investment is focused on restructuring production lines to maximize and expand production capacity for excavators, wheel loaders, and other types of construction equipment. Specifically, they will merge production and assembly functions from one factory into two, simplifying workflow processes, increasing efficiency, and reducing logistics costs.

Choi Cheol-gun, CEO of HCE and a production expert in the area of construction equipment who also heads Hyundai Heavy Industries Group’s Global Production Innovation Center, recently declared the necessity of improving the efficiency of the Ulsan facility and set out to execute a plan to create both synergy and friendly competition with Hyundai Doosan Infracore.

Choi said, “Strengthening the competitiveness of the Ulsan factory is the first challenge that needs to be addressed to reach the global top five,” a stated goal of the construction equipment division of Hyundai Heavy Industries. “With this investment, we will further raise our brand competitiveness by producing and delivering construction equipment with increased efficiency.”

New Production Facilities to Reflect ESG Factors

Additionally, Hyundai Construction Equipment plans to reflect ESG (Environmental, Social, and Governance) factors, through measures such as the use of eco-friendly sub- materials in interior and exterior finish work and configuring production lines in a way that further improves worker safety.

This is in keeping with the completion of construction last November, at a cost of US$65 million, of HCE’s technology innovation center. With 16 laboratories employing 100 researchers, the center will execute research and development projects focused on eco-friendly technologies, energy efficiency, and noise reduction.

Facebook Social Share Twitter Social Share LinkedIn social Share Email share
Hyundai Brings Its Latest Excavators and Wheel Loaders to National Heavy Equipment Show 2024

April 8, 2024 | Corporate News

Hyundai Brings Its Latest Excavators and Wheel Loaders to National Heavy Equipment Show 2024

Join us for NHES Apr. 11 – 12 in Mississauga HD Hyundai Construction Equipment North America is participating for the second time in the biennial National Heavy Equipment Show April 11 – 12, in Mississauga, Ont., Canada Experienced sales staff from some of our Ontario dealers will be on hand, along with HD Hyundai’s Canadian […]

Hyundai Construction Equipment Attends Waste Expo in Las Vegas, NV, May 7th-9th

April 1, 2024 | Corporate News

Hyundai Construction Equipment Attends Waste Expo in Las Vegas, NV, May 7th-9th

HD Hyundai Construction Equipment North America is excited to be attending the Waste Expo, the world’s #1 expo for waste management, this year  again in Las Vegas, May 7th-9th, where thousands of colleagues meet to buy, sell and gather intel on the latest products and services for the solid waste industry. The HL960AHDXT wheel loader […]

Back to News & Events