Hyundai Cummins completes $100-mn earthmover engine factory

By admin June 26, 2014 4:25 am IST

 Hyundai Cummins Engine Company (HCEC), a joint venture company between Hyundai Heavy Industries (HHI) and Cummins, has completed a 78,045 sq. m. engine factory for earthmovers in Daegu, South Korea. In September 2012, HHI and Cummins closed an agreement to establish the engine factory capable of producing 50,000 diesel engines each year with an investment of KRW 100 billion ($ 100 million).

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