Doosan Infracore Halts Production at Gunsan Plant for 8 Days..."To Maintain Appropriate Inventory"

[Asia Economy Reporter Ki-min Lee] Doosan Infracore announced on the 25th that it will halt production at its Gunsan plant for 8 days.

Doosan Infracore stated, “The Gunsan plant will temporarily stop production to maintain appropriate inventory levels amid the spread of the novel coronavirus infection (COVID-19).” It added, “The Incheon plant will observe a holiday around the company’s anniversary (June 4).”

Regarding the impact of the production halt, the company explained, “We are adjusting production volume to maintain proper inventory,” and added, “We have secured inventory until the scheduled production resumption date, so normal business activities will not be affected.”

The Gunsan plant will stop production for a total of 8 days from the 26th to the 5th of next month. The Incheon plant will halt production for 2 days from the 3rd to the 5th of next month. The scheduled production resumption date is the 8th of next month.

Doosan Infracore’s Gunsan plant mainly produces excavators and wheel loaders for export to Europe and other overseas countries. The Incheon plant manufactures excavators and engines.

Earlier, Hyundai Construction Equipment also announced on the 22nd that it will suspend production at its Ulsan plant for 10 days next month.

It is observed that major domestic construction equipment companies are temporarily halting production due to reduced construction demand caused by COVID-19 in countries other than China.

This content was produced with the assistance of AI translation services.