Hyundai Construction Equipment signs OEM deal with UN Forklift for forklift production

Hyundai Construction Equipment signed an OEM agreement with Chinese forklift maker UN Forklift to produce 10 models of 2 to 3.5-ton forklifts, aiming to expand global sales to US$100 million by 2025.

“Hyundai Construction Equipment plans to expand its global sales of forklifts produced by the Chinese maker to US$100 million by 2025.”en.yna.co.kr

• 2 sources
• en.yna.co.krHyundai Construction Equipment to expand global sales of forklifts | Yonhap News AgencyJan 28, 2021
• constrofacilitator.comHyundai Construction Equipment ties up with Chinese forklift companyFeb 9, 2021

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