Newly founded business unit in the construction machinery business area the South Korean firm Hyundai heavy industries has entered an agreement with Cummins, an international market leader for diesel engines, which implies the construction of an engine plant for the manufacture of these engines. Each $ 33 million the newly founded business unit is worth the two companies. The manufacture of engines to get 2014 with a capacity of per year 50 000 engines. At the signing ceremony, which was heavy pace at the Korean headquarters of Hyundai, rich Freeland (President Cummins), Choe lived Byeong-ku (COO machinery.) HHI) and Kim Jeong-hwan (COO motors and machines HHI) at. The founding of the community engine plant to have a stable supply of high-quality engines the construction machinery business area by HHI. From one on imaginary annual sales of around 282Mio. dollars for 2014, the Hyundai Cummins Engine Company strives for an intake of 3,53Mrd, until 2022.
Dollar to gain approximately 5300 workers. Choe Byeong-ku is sure that Hyundai Cummins Engine Company will be a very significant factor in the expansion of its international market presence. Their goal is to be one of the most important three producers for machinery by 2016 and an annual turnover of 9,1Mrd. Dollars to reach. Want to learn more about the topic of commercial vehicles and construction machinery? Visit, news, construction machinery/construction machinery, excavators, mini excavators press contact Baumaschinen.com a production of Verticom Germany GmbH, Lyoner Strasse 14, 60528 Frankfurt / Main Nero Waching phone: 0700 / 64 68 00 00 fax: 0700 / 64 68 60 00 E-Mail: Internet: about Baumaschinen.com Baumaschinen.com is a comprehensive, vendor-independent information portal for construction and the construction industry. In unprecedented form, baumaschinen.com combines a news news portal with the preparation of technical expertise to the various machine types and Requests that you encountered on building sites all over the world. The depth of information ranging from the basics of how works an excavator? What he is?”- up to engineering issues with complex issues.