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Doosan Industrial Vehicle: A manufacturer of global logistics equipment, as well as engine-type forklifts and electronic forklifts. Doosan Fuel Cell: Doosan bought U.S. fuel cell maker ClearEdge Power, a stationary fuel cell manufacturer based in Silicon Valley. [9] American Engineering Services (currently, Doosan Hydro Technology) in 2005. [10]
Industrial Vehicle : Doosan Corporation Industrial Vehicle is a manufacturer of global logistics equipment, as well as engine-type forklifts and electronic forklifts. Mottrol : Doosan Corporation Mottrol was the first company in Korea to advance into the hydraulic industry.
Clark forklift, September 13, 2008 in Port-au-Prince, Haiti Clark Bobcat skid-steer loader PCC streetcars, San Francisco F line Clark CT-40 tractor in IAF base Clark's predecessor was the George R. Rich Manufacturing Company, founded in 1903 in Chicago, Illinois by executives of the Illinois Steel Company. [1]
On January 1, 2018, Doosan Infracore and Doosan Bobcat were separated into independent companies, ending a seven-year relationship. [7] In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries , which paid approximately $722.45 million for a 30% controlling stake in the company.
In 2021, Hyundai Heavy Industries Group purchased a 35 percent stake in Doosan Infracore for 850 billion won. [14] [15] However, Doosan Infracore's 51 percent stake in Doosan Bobcat was not included as part of the sale. [16] Hyundai Doosan Infracore changed its brand name to Develon and adopted the new corporate name HD Hyundai Infracore in 2023.
Doosan Group Chairman Park Yong-man said, "We will develop the fuel cell business into Doosan’s main business in the future." [ 2 ] In January 2018, Doosan Fuel Cell, Hanhwa Energy , and Korea East-West Power established a special purpose corporation, Daesan Green Energy, and built the world’s first by-product hydrogen power plant, the ...