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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]
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.
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.
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.
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.
The Zoomlion building in Yuelu District of Changsha, Hunan, China. Founded in 1992 as Changsha Hi-tech Development Area Zoomlion Construction Mechanical Industry Company, one of its first products were concrete pumps. [3]
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]
Mitsubishi Logisnext Americas Inc., previously known as Mitsubishi Caterpillar Forklift America is a material handling equipment manufacturer based in Houston, Texas, United States. [ 1 ] [ 2 ] It is a subsidiary of Mitsubishi Logisnext .