North America Construction Equipment Supply,
On the 23rd, HD Hyundai InfraCore, an affiliate of the HD Hyundai Construction Machinery Division, and Doosan Bobcat announced that they signed a ‘business agreement (MOU) for expanding mutual supply of construction equipment in the North American region’ at the DoubleTree by Hilton Hotel in Pangyo, Seoul. The photo shows HD Hyundai InfraCore CEO Cho Young-chul (left) and Doosan Bobcat Vice Chairman Scott Park. Yonhap news.,
, ‘Doosan Bobcat and HD Hyundai InfraCore announced on the 23rd that they signed a ‘business agreement (MOU) for expanding mutual supply of construction equipment in the North American region’ at the DoubleTree by Hilton Hotel in Seongnam, Gyeonggi Province. The two companies, which had collaborated under the Doosan Group in the past, have joined hands again. HD Hyundai Group acquired Doosan Infracore in 2020 and changed the name to HD Hyundai InfraCore.’,
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, ‘Through this agreement, the two companies plan to sell products in the entire North American market together. Doosan Bobcat and HD Hyundai InfraCore are considered leaders in small construction equipment and medium to large equipment, respectively. Doosan Bobcat will receive some of HD Hyundai InfraCore’s medium-sized equipment and sell them under the ‘Bobcat’ brand. HD Hyundai InfraCore, on the other hand, plans to sell Doosan Bobcat’s small equipment under the ‘Develon’ brand. As customers increasingly demand a ‘full lineup’ from small to medium to large equipment, the two companies, aware of each other’s strengths, have embarked on strategic cooperation.’,
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, ‘Cho Young-chul, CEO of HD Hyundai InfraCore, said, “This expanded cooperation is aimed at expanding market share” and “We will increase market share with high-quality products together with Doosan Bobcat, with whom we have had a continuing business cooperation.” Scott Park, Vice Chairman of Doosan Bobcat, said, “By expanding our product range, we will provide customers and dealers with even more diverse choices and opportunities.”\n’]