HD Construction Equipment opens new plant in South Korea

Julian Buckley International Editor, Power Progress

12 November 2026

HD Construction Equipment - owner of the Hyundai and Develon construction equipment brands - has opened its new Gunsan engine and battery pack assembly plant in Jeonbuk, South Korea.

Under the banner ‘Powering the Next’, the opening marks completion of a two-year KRW 116.8 billion (approx. $87.7 million) investment program.…

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