This year, we’re celebrating our 8th anniversary in the Hyundai forklift dealership. When we first opened our doors, we were just a small shop with big dreams. But with the help of our loyal customers and dedicated employees, we’ve managed to grow into one of the leading forklift dealers in the country.

We owe our success to all of you who have put your trust in us, and we want to say thank you by throwing a big party! Join us in celebrating our progress and looking ahead to even bigger and better things in the years to come.

It’s been 8 years since your company first entered the forklift dealership business. You’ve seen a lot of progress in that time, and you’re proud of the strides you’ve made.

But you’re not satisfied yet. You know there’s still a lot of progress to be made, and you’re committed to making it happen. That’s why you’re always looking for new ways to improve your business.

One of the ways you’ve been doing that is by expanding your product lineup. You now have a variety of forklifts to choose from, each one tailored to meet the specific needs of your clients.

And you’re not done yet. You’re always on the lookout for new ways to improve and expand your business. You know there’s still a lot of progress to be made, and you’re committed to making it happen.

The “autonomous driving forklift” supports autonomous driving and remote control and is equipped with a vehicle control system that recognizes surrounding environments and obstacles with 2D lasers in order to cope with unexpected situations.

Remarkable productivity growth could not be expected under the simple repetitive unloading work done traditionally at logistics sites with manned forklifts, due to the continuous stress caused by safety concerns, limited productivity improvements due to the accumulation of worker fatigue and the limit on continuous working hours. The autonomous driving forklift of Hyundai Construction Equipment can realize hitherto unimaginable cost-effectiveness and productivity. The autonomous forklift can accelerate logistics circulation with automation and make efficient use of inventory space. In addition, the risk of workplace accidents can be reduced dramatically by performing work on a planned route.

https://www.youtube.com/watch?v=pyoWO0_lBM8

Read the full article here: https://www.hyundai-ce.com/en/innovation/autodrive

ULSAN, South Korea–(BUSINESS WIRE)– Hyundai Heavy Industries Co., Ltd. (KRX: 009540) and Cummins Inc. (NYSE: CMI) have announced a 50/50 joint venture partnership to manufacture MidRange engines in Korea extending from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment.

The launch of the Hyundai Cummins Engine Company (HCEC) joint venture took place in Ulsan, Korea, with a ceremonial co-signing of the agreement by Byeong-Ku Choe, Chief Operating Officer and President – Hyundai Construction Equipment Division, and Rich Freeland, Cummins Vice President and President – Engine Business.

HCEC will supply engines spanning the MidRange 5.9-liter to 8.9-liter displacement range for Hyundai excavators, wheel loaders and industrial equipment built in Ulsan and other locations worldwide. The joint venture engines will power Hyundai equipment in markets with high growth potential such as Russia, the Middle East, Africa and Southeast Asia.

Byeong-Ku Choe, Chief Operating Officer and President – of Hyundai Construction Equipment Division, said, “Cummins is an important engine supplier to Hyundai, with a proven capability to improve the performance of our equipment, so our new HCEC joint venture can be seen as a natural progression of this longstanding cooperation. We are very excited at the opportunities the joint venture will realize as we strive together in partnership to achieve mutual success.”

The HCEC operation will be equipped with a state-of-the-art engine production line and highly advanced test cells. Cost-effective manufacturing procedures will be applied at HCEC, following common practices used across Cummins’s global network of MidRange engine manufacturing facilities. Combined with Hyundai engineering and quality expertise, this will ensure world-class manufacturing standards at the new plant.

MidRange Engine Manufacture

Engines manufactured at the HCEC facility will be based on the Cummins B, C, and L MidRange platforms meeting emission levels equivalent to U.S. Environmental Protection Agency (EPA) Tier 2 and Tier 3 off-highway regulations, either already in place or set to be introduced in many rapidly developing countries.

Cummins MidRange products feature advanced combustion technology at the heart of the engine to achieve high power density and enhanced equipment productivity for the lowest possible fuel consumption. The technology comes with the added benefit of long service intervals and a very high tolerance for poor fuel quality.

Having the foundation of a strong HCEC partnership in place will provide a further impetus for Hyundai and Cummins to accelerate other ongoing areas of engine supply cooperation beyond the joint venture product line, including Cummins’s next generation of EPA Tier 4 Final and EU Stage IV low-emissions engines for regulations taking effect Jan. 1, 2014 in North America and Europe.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins employs approximately 44,000 people worldwide and serves customers in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.85 billion on sales of $18.0 billion in 2011. Press releases can be found on the Web at www.cummins.com.

Read the full article here: https://investor.cummins.com/news/detail/138/hyundai-and-cummins-announce-joint-venture-partnership-to