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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.
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 industries and energy sector, ranging from shipbuilding and marine engineering to oil refining, petrochemicals, and smart energy management businesses.
HD Hyundai Infracore Co., Ltd. (Korean: 에이치디현대인프라코어; RR: Eichidi Hyeondae Inpeulakoeo), formerly known as Doosan Infracore, is a South Korean company that manufactures construction equipment and commercial and military engines. It is one of the largest construction equipment manufacturers by sales revenue. [2]
HD Hyundai Electric (Korean: HD현대일렉트릭) is a South Korean manufacturer of power transformers and other electrical equipment. By 2017, the company had supplied a cumulative total of over 1.2 million kWA transformers to 70 countries around the world.
In 1958, Keumkang Company was established to make construction materials. In 1965, Hyundai Construction began its first overseas venture, a highway project in Thailand. [citation needed] In 1967, Hyundai Motors was established. [5] Hyundai Heavy Industries was founded in 1973, [6] and completed the construction of its first ships in June 1974. [7]
A bridge connects the wielding and paint shop Work is underway on the final assembly facility at the Hyundai Metaplant America in Ellabell, Georgia on Wednesday, October25, 2023.
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