Daedong Signs 70 Billion KRW Diesel Engine Supply Contract with Doosan Bobcat

Supplying Doosan Bobcat Engine-Equipped Products to North American Corporation for at Least 5 Years

Daedong announced on the 5th that it has signed a supply contract worth approximately 70 billion KRW for multi-cylinder diesel engines with Doosan Bobcat's North American subsidiary. This amount represents about 4.96% of the previous year's consolidated sales. The contract period is a basic 5 years until September 2028. Based on this contract, Daedong plans to expand the engine models supplied to Doosan Bobcat.

Daedong 1.8L Diesel Engine

Daedong began mass production of single-cylinder diesel engines in 1966 and has developed multi-cylinder engines with its own technology since 1983. Currently, it directly produces and supplies diesel engines ranging from 1.2ℓ to 3.8ℓ to domestic and international markets. Daedong plans to continue securing stable engine supply channels like Doosan Bobcat while expanding investments in performance and quality improvements to strengthen its engine business competitiveness.

Kim Sang-il, Head of Daedong's Engine Business Division, stated, "In various industries such as construction equipment, industrial equipment, and agricultural equipment, there is high demand for eco-friendly, high-performance diesel engines. Daedong plans to continuously expand its engine business based on its long-standing engine technology and production capabilities."

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