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HD Hyundai Construction Equipment signed an investment agreement with Ulsan City to invest 194.1 billion won (approx. 200 billion won) to upgrade its Ulsan plant, increasing production capacity from 9,000 to 15,000 units per year and creating over 600 jobs, with completion by June 2025.
“HD현대건설기계는 생산 경쟁력 강화를 위해 대규모 투자를 통해 주생산 거점인 울산캠퍼스의 선진화 구축사업을 진행한다.”newspim.com
Summarized from public sources; check the original articles before acting on it.