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Hyundai Elevator broke ground on a new elevator plant in Shanghai's Jinshan Industrial Park, costing 120 billion won ($112.5 million), with an annual capacity of 25,000 units, set to be completed by late 2019.
Youngone Corporation contracted Hyundai Elevator to provide a complete logistics system for its new distribution center in Icheon-si, Korea, including Interroll Modular Conveyor Platform installations and a Crossbelt sorter. The system is expected to start operation in September 2017.
| Site | Largest | Latest |
|---|---|---|
| Jinshan Industrial Park, China | $112.5M | 2018-03-28 |