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2022-07-23
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Cummins and Hyundai Heavy Industries announced the establishment of a joint venture in Korea

Cummins and Hyundai Heavy Industries announced the establishment of a joint venture in Korea

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Guide: Cummins and Hyundai Heavy Industries Co., Ltd. recently announced that they would establish a joint venture in Korea to produce engines for Hyundai Heavy industries' construction and industrial equipment. Hyundai Heavy in this way can guarantee the after-sales service. Zhiguanggong and Cummins company were established in Ulsan, South Korea a few days ago

Cummins and Hyundai Heavy Industries Co., Ltd. recently announced that they will establish a joint venture in TLC Korea to produce engines for Hyundai Heavy Industries' construction and industrial equipment

Hyundai Heavy Industries and Cummins recently held a signing ceremony in Ulsan, South Korea for the establishment of HCEC, a Hyundai Cummins engine company. Both sides will hold 50% shares in the new company

hcec will be built in Daegu, South Korea, and will start production of engine counters in 2014. During the initial setting, pay attention to the set multiplier, and its capacity will reach 50000 engines/year. The new company will provide 5.9 to 8.9-liter engines for industrial equipment produced by Hyundai Heavy Industries in Ulsan

Byeong Ku Choe, chief operating officer of modern construction equipment department, said that Cummins has recognized strength and is an important partner of modern heavy industry group. It is natural for the two sides to establish a new joint venture

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