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The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. [8] Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung.
Hyundai Group (Korean: 현대그룹; Korean pronunciation: [ˈhjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol.
In 2007, Ingersoll Rand sold Clark Equipment Company to Doosan International of South Korea. The sale included the Construction Equipment Group of Ingersoll Rand. [14] 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. Doosan Infracore ...
HD Hyundai (Korean: HD현대) is one of the largest South Korean conglomerates engaged in shipbuilding, heavy equipment, machinery, and the petroleum industry. [1] HD Hyundai started its shipbuilding business in a small village in Ulsan, South Korea, in 1972 and grew into a global heavy industries company. It is a major supplier in the heavy ...
Hyundai Rotem Co. (Korean: 현대로템; RR: Hyeondae Rotem) is a South Korean company that manufactures rolling stock, defense products and plant equipment. It is a part of the Hyundai Motor Group. Its name was changed from Rotem to Hyundai Rotem in December 2007 to reflect the parent company. [2] It is also called Hyundai Railroad Technology ...
Hyundai Motor Manufacturing Alabama. Opened in 2005, Hyundai Motor Manufacturing Alabama (HMMA) is a manufacturing facility owned by Hyundai Motor Company employing approximately 3,000 people. Located in Montgomery, Alabama, the facility marked the official start of production with the 2006 Sonata in May 2005. HMMA is capable of producing up to ...
The success of the HMMA plant and the availability of local suppliers led Hyundai to invest over $1 billion in a new Kia Motors plant in West Point, Georgia. The West Point Kia plant is just over the Alabama state line, less than 85 miles away from the Montgomery plant. The two plants are directly linked by Interstate 85 in Alabama.
List of Hyundai engines. Hyundai Motor Company has produced the following families of automobile engines. Gasoline engines use a naming system based on Greek letters. Spark Ignition (Gasoline) Straight-3. Epsilon ε - 0.8 L. Kappa κ - 1.0 L. Straight-4. Epsilon ε - 1.0/1.1 L.