# HD Hyundai Infracore to invest 141.2 billion won in expanding manufacturing facilities

HD Hyundai Infracore decided to invest 141.2 billion won to expand manufacturing facilities for ultra-large power engines and battery packs at its Incheon and Gunsan plants in South Korea. The investment will be carried out until the end of 2028.

- Type: Expansion
- Announced: 2024-12-24
- Where: Incheon and Gunsan, South Korea
- Value: $97.0M (141.2B KRW)
- Starts operating: Q3 2026
- Status: announced
- Capacity: 120 tank defense engines/year, 1,250 ultra-large power generation engines/year, 880 MWh battery packs/year
- Products: ultra-large power engines, battery packs
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HD Hyundai Infracore](https://endata.com/companies/79267.md)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=232528), 2024-12-24: "HD Hyundai Infracore, a construction equipment affiliate of HD Hyundai, announced on Dec. 24 that it held a board meeting and decided to expand the manufacturing facilities for ultra-large power engines and battery packs at its Incheon plant and Gunsan plant."
- [hd.com](https://www.hd.com/en/newsroom/media-hub/press/view?detailsKey=3407), 2024-12-26: "HD Hyundai Infracore has invested KRW 116.8 billion in Gunsan to diversify its engine business portfolio and leverage new growth engines."
- [etnews.com](https://www.etnews.com/20241226000162), 2024-12-26: "HD현대인프라코어는 기존 사업장내 6만2700㎡ 유휴 부지에 1168억원을 들여 방산·초대형 발전용 엔진 생산공장을 증축한다."
- [electimes.com](https://www.electimes.com/news/articleView.html?idxno=348362), 2024-12-26: "HD현대인프라코어가 엔진사업의 포트폴리오를 다각화하고 신성장 동력을 확보하기 위해 HD현대에 편입된 이후 최대 규모의 시설 투자에 나선다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.