Chairman Kwon Oh-gap and Hyundai Heavy Industries Group Executives Make First On-Site Visit After Acquiring Doosan Infracore

[Asia Economy Reporter Hwang Yoon-joo] The top executives and key management of Hyundai Heavy Industries Group visited the Doosan Infracore production site as their first schedule after acquiring Doosan Infracore.

On the morning of the 20th (Friday), Kwon Oh-gap, Chairman of Hyundai Heavy Industries Holdings, along with Cho Young-chul, President of Hyundai Genuine, and Jung Ki-sun, Vice President of Hyundai Heavy Industries Holdings, visited the Incheon factory, the headquarters of Doosan Infracore.

The delegation, guided by Doosan Infracore President Son Dong-yeon, toured major production facilities including the Integrated R&D Center, small engine factory, and excavator assembly plant, encouraging the employees who are starting anew as part of the Hyundai Heavy Industries Group family. In particular, upon arrival at the Incheon factory, Chairman Kwon first visited the Integrated R&D Center, toured the design room, and examined the future concept excavator, showing great interest in the technological capabilities of Doosan Infracore.

Chairman Kwon presented President Son with a framed piece inscribed with the Hyundai Spirit?'Creative Foresight, Active Will, Strong Driving Force'?which embodies the management philosophy of founder Chung Ju-yung, as well as the Hyundai Heavy Industries Group motto 'Diligence, Frugality, Affection,' welcoming Doosan Infracore as a member of the Hyundai Heavy Industries Group family.

Wearing work clothes while touring the production site, Chairman Kwon said, "The fact that Doosan Infracore has maintained competitiveness despite difficult circumstances is all thanks to the efforts of the employees," adding, "We will spare no support to help Doosan Infracore grow one step further into a global top-tier company beyond Korea."

Following this, Chairman Kwon and President Cho also visited the parts center and training center located in Ansan, Gyeonggi Province, where they personally inspected the automated warehouse system and training facilities.

A Hyundai Heavy Industries Group official stated, "The fact that Chairman Kwon and key executives of the group visited the production site immediately after completing the acquisition of Doosan Infracore signifies their high expectations for Doosan Infracore," adding, "It also demonstrates the group's intention to establish the construction machinery sector as one of its three major businesses."

Meanwhile, Hyundai Heavy Industries Group completed the acquisition process by paying the full purchase price for Doosan Infracore on the 19th (Thursday), concluding the eight-month acquisition battle since being selected as the preferred bidder in December last year.

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