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The first Hyundai-branded forklift manufactured under an OEM agreement with UN Forklift has rolled off the line at the dedicated plant in Hangzhou, China.
Hyundai Construction Equipment signed an OEM agreement with Chinese forklift maker UN Forklift to produce 10 models of 2 to 3.5-ton forklifts, aiming to expand global sales to US$100 million by 2025.