Hyundai Construction Equipment invests $163M in Ulsan plant expansion

Hyundai Construction Equipment is investing 194.1 billion won ($163 million) over four years to expand production capacity and streamline manufacturing at its Ulsan plant. The investment will add capacity for 4,800 additional units, raising annual output to 15,000 units.

“현대건설기계가 글로벌 건설기계 호황기를 맞아 경쟁력 강화를 위해 주생산거점인 울산공장에 약 2000억원을 투자한다.”ir.newspim.com

• 2 sources
• ir.newspim.com현대건설기계, 울산공장에 2000억원 규모 투자Dec 14, 2021
• earthmoversmagazine.co.ukHyundai invests €150m in Ulsan factoryJan 5, 2022

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