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On January 1, 2018, Doosan and Doosan Bobcat were separated into independent companies. [6] 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 is planned to become a subsidiary of the newly created Hyundai Genuine group. [7]
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 Fuel Cell produces fuel cells, including phosphoric acid fuel cells (PAFCs). [ 5 ] The Iksan plant in Iksan , which began construction in February 2016 and began mass production in January 2017, was expanded in October 2022 to produce up to 300 megawatts (MW) and 680 PAFCs per year.
It was a subsidiary of the Ingersoll Rand Company from 1995 until July 2007, when it was sold for US$4.9 billion to South Korean company Doosan Infracore. [2] The company sells skid steer loaders, compact excavators, side-by-sides, compact tractors, mowers, and other small hydraulic equipment under the Bobcat brand name. It is one of the few ...
In May 2022, Doosan Robotics America, a U.S. corporation, was established in Plano, Texas. [6]In May 2024, a European branch was established in Düsseldorf, Germany, and a service center was built in Heerhugowaard, the Netherlands, to provide after-sales service such as installation and recovery of cobots and replacement of parts.
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Electro-Materials : Doosan Corporation Electronics is a producer of copper clad laminates, a core part of printed circuit boards that are used in electronic products, and is expanding the scope of its business to include the display material business, including OLED materials.
The United States Postal Service suspended service for packages arriving from China and Hong Kong, but relented just hours later.