Hyundai Construction Equipment invests $170M in Ulsan plant expansion

Hyundai Construction Equipment is investing $170 million over four years to expand its Ulsan, South Korea plant, increasing production capacity by 50% to 15,000 units for excavators and wheel loaders.

“The investment, which is the largest since the company’s launch as a newly established corporation in 2017, will allow the manufacturer to increase production capacity by 50 percent and simplify its manufacturing processes.”equipmentindia.com

• 1 source
• equipmentindia.comHyundai CE expands productionFeb 4, 2022

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