Start Date: February 1, 2023
End Date: February 3, 2023
Ernest N. Morial Convention Center
900 Convention Center Blvd
New Orleans, LA 70130
Start Date: March 14, 2023
End Date: March 18, 2023
Las Vegas Convention Center
3150 Paradise Rd
Las Vegas, NV 89109
November 23, 2021 | Corporate News
NORCROSS, Ga. (Nov. 1st, 2021) – An intermediary holding company, Hyundai Genuine, has been established, following the purchase in August of Doosan Infracore, by Hyundai Heavy Industries Group.
Doosan Infracore has since been renamed Hyundai-Doosan Infracore. Hyundai Construction Equipment and Hyundai-Doosan Infracore will continue to operate under their own management structure and systems, competing as sister companies within the global equipment market. Hyundai Genuine will provide support to both businesses, while maximizing the available synergies between the two. Some of the details of the structure are listed below:
Hyundai Genuine’s intention is to rank among the Global Top 5 construction equipment manufacturers, capturing 5% of global markets by 2025.This will initially be achieved through the development of integrated excavator and wheeled loader platforms, by 2025, that will be utilized by both companies. The two manufacturing businesses will combine their research and development efforts, to increase technological competitiveness, while sales strengths will be increased through mutually complementary ranges of machinery.
Further ahead, new investment will be increased, to secure next-generation business activities. The plans include the development of hydrogen engines for construction equipment, further mergers and acquisitions, investment in start-up businesses and closer industry-university cooperation to develop market-leading expertise in automation and electrification.
Hyundai Heavy Industries Group Chairperson Kwon Oh-gap has vowed to develop the construction equipment business as a core sector of the group, a decision that will be backed by further investment at group level.
September 20, 2022 |
NORCROSS, Ga. (September 19, 2022) – Hyundai Construction Equipment Americas today announced a dealership agreement with Universal Truck Sales, Roseville, Minn., under which Universal Truck will sell and service Hyundai wheel loaders, excavators and other construction machines in the greater Minneapolis-St. Paul area. Universal Truck Sales is an independent truck and trailer dealer offering a […]
August 30, 2022 | Corporate News
NORCROSS, Ga. (Aug. 29, 2022) – Hyundai Construction Equipment Americas has expanded its North American network with the addition of Blackhawk Equipment, making the Lake Crystal, Minn., location an authorized dealer of Hyundai compact excavators, attachments, parts and service. Tyler Deike, president of Blackhawk Equipment, said, “We are proud to add Hyundai compact excavators to […]