Hyundai Heavy expands into compaction equipment business
Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading construction equipment manufacturer, announced today that it signed a strategic partnership with German construction equipment manufacturer Atlas Weyhausen GbmH for the supply of compaction equipment, the shipbuilder's press release said.
Under the partnership, four models of single rollers ranging from 7 tonnes to 14 tonnes, and 2.5-tonne and 3-tonne tandem rollers to be built by Atlas Weyhausen will be released in emerging markets including Middle East, Turkey and Russia under Hyundai Heavy’s brand from the second half of this year.
The partnership enables Hyundai Heavy to expand its construction equipment line, and Atlas Weyhausen to boost its sales via Hyundai Heavy’s 500-plus dealer network in 150 countries worldwide.