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UN starts Hyundai OEM production

Thursday, 13 January 2022 ( #1059 ) - Hangzhou, China
Hyundai OEM production starts at UN
Hyundai OEM production starts at UN

The first Hyundai-branded forklift manufactured as part of an OEM agreement with UN Forklift has rolled off the line at the dedicated plant in Hangzhou.

Officials from both companies were on hand to mark the start of mass production, another important milestone in the history of the development of UN Forklift.

Since UN Forklift and Hyundai Construction Equipment (HCE) officially signed the OEM Project agreement, UN Forklift has adopted automation and intelligent improvement as its goals.

This resulted in investment in new control equipment and automated processing equipment as well as transformation of the new forklift assembly line.

UN says it is committed to advanced manufacturing technology and equipment, as well as new technologies and new materials that are environmentally friendly and energy-saving.

Last year, UN Forklift and HCE signed an OEM agreement, making UN one of the most important partners of the Korean equipment giant.

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The World Bank is tipping a slowdown, with growth expected to decrease from 5.5% in 2021 to 4.1% this year.
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Upcoming Events

February 15 - March 22, 2022 - online, United States
September 20-22, 2022 - Auckland, New Zealand
24-26 August, 2022 - Melbourne, Australia
October 4 – 6, 2022 - Antwerp, Belgium

Inside Forkliftaction

The World Bank is tipping a slowdown, with growth expected to decrease from 5.5% in 2021 to 4.1% this year.
Reasons for the slowing growth rate include ongoing virus threats, reduction in government aid and slipping demand.
However, the materials handling market appears to be bucking the trend, with the
...Continue Reading

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Upcoming Events

February 15 - March 22, 2022 - online, United States
September 20-22, 2022 - Auckland, New Zealand
24-26 August, 2022 - Melbourne, Australia
October 4 – 6, 2022 - Antwerp, Belgium

Inside Forkliftaction

The World Bank is tipping a slowdown, with growth expected to decrease from 5.5% in 2021 to 4.1% this year.
Reasons for the slowing growth rate include ongoing virus threats, reduction in government aid and slipping demand.
However, the materials handling market appears to be bucking the trend, with the
...Continue Reading

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