Newsletter #211 (View other news stories)
Doosan Infracore’s US subsidiary changes name
SUWANEE, GA, United States
Thursday, 2 Jun 2005
 Doosan Infracore America Corp president & CEO IJ Kim. |
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Daewoo Heavy Industries America Corp has changed its name to Doosan Infracore America Corp following the name change of its parent company, Daewoo Heavy Industries to Doosan Infracore.
On April 29, Doosan Heavy Industries & Machinery Ltd officially completed the purchase of a controlling interest in Daewoo Heavy Industries & Machinery Ltd in Seoul, South Korea.
With the completion of the acquisition, Daewoo Heavy Industries changed its name to Doosan Infracore Company Ltd (Forkliftaction.com News #210).
According to the Doosan Infracore America website, the North American subsidiary will continue to manufacture, market and sell its products under the Daewoo name.
Doosan Infracore Company Ltd general manager for overseas marketing JY Moon, said the notice on the website was outdated.
"We were supposed to use "Daewoo" brand only at the beginning of the acquisition but we finally adopted "Doosan-Daewoo" brand on our forklifts during the transition time," he said.
Doosan Infracore America Corp, the North American subsidiary of Doosan Infracore Company Ltd, headquartered in Suwanee, Georgia, is responsible for North American sales, service, and technical support of all Daewoo machine tools, construction equipment, lift trucks, skid steer loaders and mini-excavators.
Its products are sold exclusively through a network of independent distributors in the US, Canada and Mexico.
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