Our history and heritage

1985

• Foundation of Construction Equipment Development Center as a part of the Heavy Machines Division.

1987

• Foundation of Construction Equipment Divisions as a separate division - Inauguration 1st factory.

1988

• Completion of own excavators development (21 ton, 29 ton)
• Entering domestic market

1989

• Establishment of Hyundai Heavy Industries Co., Ltd.
• 1st factory extension

1991

• Inauguration of American overseas subsidiary in Chicago, USA

1992

• Inauguration of 2nd assembly factory

1993

• Inauguration of European overseas subsidiary in Rotterdam, Netherlands

1994

• Merged with the Construction Equipment Division of Heavy Industries Co., Ltd.

1995

• Moved European overseas subsidiary to Geel, Belgium
• Inauguration of Changzhou Joint Venture Company in China

1999

• Separated from Hyundai Motor Company

2005

• Selected as "Most Excellent product design" at the Electric Reach Truck Design Fair in Hong Kong
• Passed 100,000 units of construction equipment production in the shortest time in Korea
• Sold first 50 ton excavator
• Expansion of and moving to Eumseong Parts Center

2006

• Inauguration of Istanbul branch office, Turkey
• Inauguration of Parts & Service Center in Eumseong, Chungbuk

2007

• Inauguration of India subsidiary
• Inauguration of China Hydraulic Machinery subsidiary

2008

• Established a plant in India
• Passed 150.000 units of construction equipment production
• Inauguration of Panama branch office
• Inauguration of Dubai branch office

2009

• Established A/S training center in JiangShao
• Introduced 9 Series of excavators in the market

2010

• Built a plant for wheel loaders in China
• Introduced 9 Series of wheel loaders in the market

2011

• Reached production of 350.000 construction equipment units

2012

• Established Hyundai Cummins Engine Co.

2013

• Strategic affiliation of Atlas in Germany; started selling 6 models of road equipment
• Built a plant for construction equipment in Brazil

2015

• Reached production of 500.000 construction equipment units

2016

• Hyundai Heavy Industries and CNH Industrial Ink Exclusive Strategic Alliance Agreement for Mini Excavator Business

2017

• Established Hyundai Construction Equipment Co., Ltd