HD Hyundai Infracore is a comprehensive machinery company with a history dating back to 1937, starting as Korea's first large-scale machinery factory, Joseon Machine Works. The company specializes in the manufacturing of construction equipment and diesel and gas engines, establishing itself as a global leader in these sectors. Its core product offerings include excavators, wheel loaders, and various industrial engines supplied to the market. As of January 1, 2026, the company merged with HD Hyundai Construction Equipment Co., Ltd. to form HD Construction Equipment Co., Ltd., marking a strategic transition to become a global top-tier construction equipment enterprise. It possesses innovative capabilities to lead the future construction market through the development of smart construction solutions and eco-friendly engine technologies.HDHyundaiInfracoreisacomprehensivemachinerycompanywithahistorydatingbackto1937,startingasKorea'sfirstlarge-scalemachineryfactory,JoseonMachineWorks.Thecompanyspecializesinthemanufacturingofconstructionequipmentanddieselandgasengines,establishingitselfasagloballeaderinthesesectors.Itscoreproductofferingsincludeexcavators,wheelloaders,andvariousindustrialenginessuppliedtothemarket.AsofJanuary1,2026,thecompanymergedwithHDHyundaiConstructionEquipmentCo.,Ltd.toformHDConstructionEquipmentCo.,Ltd.,markingastrategictransitiontobecomeaglobaltop-tierconstructionequipmententerprise.Itpossessesinnovativecapabilitiestoleadthefutureconstructionmarketthroughthedevelopmentofsmartconstructionsolutionsandeco-friendlyenginetechnologies.
Key Products/TechnologiesKeyProducts/Technologies
Construction Equipment: A diverse lineup under the DEVELON brand, including excavators, wheel loaders, and articulated dump trucks. New models such as the 24-ton medium excavator DX240 and the next-generation wheel loader DL280-7 have been launched and delivered. The company is expanding its eco-friendly electric excavator lineup with models like the electric mini excavator DX20ZE, electric wheeled excavator DX160WE-7, and electric crawler excavators DX230LCE-7 and DX250LCE-7.ConstructionEquipment:AdiverselineupundertheDEVELONbrand,includingexcavators,wheelloaders,andarticulateddumptrucks.Newmodelssuchasthe24-tonmediumexcavatorDX240andthenext-generationwheelloaderDL280-7havebeenlaunchedanddelivered.Thecompanyisexpandingitseco-friendlyelectricexcavatorlineupwithmodelsliketheelectricminiexcavatorDX20ZE,electricwheeledexcavatorDX160WE-7,andelectriccrawlerexcavatorsDX230LCE-7andDX250LCE-7.
Engines: A broad portfolio of diesel and gas engines, including industrial, marine, vehicle, and defense applications. The 5-liter DX05 and 7.5-liter DX08 diesel engines received the 'Diesel of the Year' award, acknowledging their technological excellence. The development and successful startup of the ultra-large power generation engine DX37 (37L, V12, 1.4MW) mark a significant entry into that market. The development of the hydrogen combustion engine HX12 aims to reduce carbon emissions and lead the next-generation powertrain market.Engines:Abroadportfolioofdieselandgasengines,includingindustrial,marine,vehicle,anddefenseapplications.The5-literDX05and7.5-literDX08dieselenginesreceivedthe'DieseloftheYear'award,acknowledgingtheirtechnologicalexcellence.Thedevelopmentandsuccessfulstartupoftheultra-largepowergenerationengineDX37(37L,V12,1.4MW)markasignificantentryintothatmarket.ThedevelopmentofthehydrogencombustionengineHX12aimstoreducecarbonemissionsandleadthenext-generationpowertrainmarket.
Smart Construction Solutions: Pioneering the world's first comprehensive autonomous construction site solution, 'Concept-X'. The commercialized version of 'Concept-X', the smart construction solution 'Xite Cloud', expands the company's business into construction site management. The AI-based unmanned and autonomous technology 'Real-X' represents a highly advanced solution applicable to real-world scenarios.SmartConstructionSolutions:Pioneeringtheworld'sfirstcomprehensiveautonomousconstructionsitesolution,'Concept-X'.Thecommercializedversionof'Concept-X',thesmartconstructionsolution'XiteCloud',expandsthecompany'sbusinessintoconstructionsitemanagement.TheAI-basedunmannedandautonomoustechnology'Real-X'representsahighlyadvancedsolutionapplicabletoreal-worldscenarios.
Smart Safety Technologies: Development of E-STOP technology, which automatically stops equipment upon detecting people or objects within the working radius, with planned product integration. Implementation of Develon's transparent bucket system for wheel loaders, providing operators with visibility into bucket blind spots via an in-cab monitor. Application of various smart safety features, including rollover warning and 360-degree around-view monitoring.SmartSafetyTechnologies:DevelopmentofE-STOPtechnology,whichautomaticallystopsequipmentupondetectingpeopleorobjectswithintheworkingradius,withplannedproductintegration.ImplementationofDevelon'stransparentbucketsystemforwheelloaders,providingoperatorswithvisibilityintobucketblindspotsviaanin-cabmonitor.Applicationofvarioussmartsafetyfeatures,includingrolloverwarningand360-degreearound-viewmonitoring.
Core AdvantagesCoreAdvantages
Deep History and Accumulated Technology of Over 80 Years: Possessing unique technological capabilities and know-how accumulated since the establishment of Joseon Machine Works in 1937, accompanying the genesis and development of Korea's machinery industry. This long history forms the basis for proven reliability and quality in the construction equipment and engine sectors.DeepHistoryandAccumulatedTechnologyofOver80Years:Possessinguniquetechnologicalcapabilitiesandknow-howaccumulatedsincetheestablishmentofJoseonMachineWorksin1937,accompanyingthegenesisanddevelopmentofKorea'smachineryindustry.Thislonghistoryformsthebasisforprovenreliabilityandqualityintheconstructionequipmentandenginesectors.
Extensive Product Portfolio Covering Global Markets: A full lineup of construction equipment, from compact to super-large, and a diverse range of engine products applicable to various industries, meeting broad customer demands. Proactive response to market changes with future technology-based products such as eco-friendly electric excavators and hydrogen engines.ExtensiveProductPortfolioCoveringGlobalMarkets:Afulllineupofconstructionequipment,fromcompacttosuper-large,andadiverserangeofengineproductsapplicabletovariousindustries,meetingbroadcustomerdemands.Proactiveresponsetomarketchangeswithfuturetechnology-basedproductssuchaseco-friendlyelectricexcavatorsandhydrogenengines.
Leadership in Innovative Smart Construction Technologies: Maximizing construction site efficiency and safety through advanced IT convergence technologies like the unmanned autonomous solutions 'Concept-X' and 'Real-X', and the smart construction site management platform 'Xite Cloud'. This accelerates the transition from a mere equipment vendor to a solution provider.LeadershipinInnovativeSmartConstructionTechnologies:MaximizingconstructionsiteefficiencyandsafetythroughadvancedITconvergencetechnologiesliketheunmannedautonomoussolutions'Concept-X'and'Real-X',andthesmartconstructionsitemanagementplatform'XiteCloud'.Thisacceleratesthetransitionfromamereequipmentvendortoasolutionprovider.
World-Class Engine Technology: Proven diesel engine technology, recognized by the 'Diesel of the Year' award, coupled with capabilities in developing next-generation eco-friendly engines such as ultra-large power generation engines and hydrogen combustion engines. This ensures stable revenue streams in diverse industrial sectors, including construction equipment, defense, and power generation.World-ClassEngineTechnology:Provendieselenginetechnology,recognizedbythe'DieseloftheYear'award,coupledwithcapabilitiesindevelopingnext-generationeco-friendlyenginessuchasultra-largepowergenerationenginesandhydrogencombustionengines.Thisensuresstablerevenuestreamsindiverseindustrialsectors,includingconstructionequipment,defense,andpowergeneration.
Global Production and Sales Network: Establishment of an efficient global operation system based on domestic and international production bases (Ulsan, Incheon, Gunsan, India, China, Brazil, Norway, etc.). Strengthening customized product supply and service networks in key markets such as Europe, North America, South America, Africa, and the Middle East.GlobalProductionandSalesNetwork:Establishmentofanefficientglobaloperationsystembasedondomesticandinternationalproductionbases(Ulsan,Incheon,Gunsan,India,China,Brazil,Norway,etc.).StrengtheningcustomizedproductsupplyandservicenetworksinkeymarketssuchasEurope,NorthAmerica,SouthAmerica,Africa,andtheMiddleEast.
Commitment to ESG Management and Sustainability: Attainment of ISO 27001 (Information Security Management System) and ISO 9001 (Quality Management System) certifications, along with a top-tier 'A' rating in the CDP (Carbon Disclosure Project) Climate Change response category. Implementation of sustainable management practices through eco-friendly processes and product development, including the acquisition of China's 'National Green Manufacturing Plant' certification for its Chinese subsidiary (HDICC).CommitmenttoESGManagementandSustainability:AttainmentofISO27001(InformationSecurityManagementSystem)andISO9001(QualityManagementSystem)certifications,alongwithatop-tier'A'ratingintheCDP(CarbonDisclosureProject)ClimateChangeresponsecategory.Implementationofsustainablemanagementpracticesthrougheco-friendlyprocessesandproductdevelopment,includingtheacquisitionofChina's'NationalGreenManufacturingPlant'certificationforitsChinesesubsidiary(HDICC).
Target IndustrieTargetIndustrie
Construction Industry: Contribution to infrastructure development in various construction sites, including roads, bridges, and buildings, through construction equipment products such as excavators, wheel loaders, and dump trucks.ConstructionIndustry:Contributiontoinfrastructuredevelopmentinvariousconstructionsites,includingroads,bridges,andbuildings,throughconstructionequipmentproductssuchasexcavators,wheelloaders,anddumptrucks.
Mining and Resource Development Industry: Supply of large excavators and wheel loaders to mining and resource extraction sites in emerging markets such as South America and Africa.MiningandResourceDevelopmentIndustry:SupplyoflargeexcavatorsandwheelloaderstominingandresourceextractionsitesinemergingmarketssuchasSouthAmericaandAfrica.
Power Generation Industry: Provision of core components for power generation facilities through ultra-large power generation diesel and gas engines. Specific response to new power demands from data centers and distributed generation.PowerGenerationIndustry:Provisionofcorecomponentsforpowergenerationfacilitiesthroughultra-largepowergenerationdieselandgasengines.Specificresponsetonewpowerdemandsfromdatacentersanddistributedgeneration.
Defense Industry: Contribution to strengthening national defense capabilities through the supply of defense-purpose engines, such as those for the K2 tank.DefenseIndustry:Contributiontostrengtheningnationaldefensecapabilitiesthroughthesupplyofdefense-purposeengines,suchasthosefortheK2tank.
Waste Treatment and Recycling Industry: Provision of specialized equipment like wheel loaders for waste processing and recycling operations.WasteTreatmentandRecyclingIndustry:Provisionofspecializedequipmentlikewheelloadersforwasteprocessingandrecyclingoperations.
Agriculture and Industrial Vehicles: Support for productivity enhancement in various industrial sectors through the supply of engines for agricultural machinery and industrial vehicles.AgricultureandIndustrialVehicles:Supportforproductivityenhancementinvariousindustrialsectorsthroughthesupplyofenginesforagriculturalmachineryandindustrialvehicles.
Major MarketsMajorMarkets
Ethiopia, Africa (general)Ethiopia,Africa(general)
China, IndiaChina,India
France, Ireland, Europe (general)France,Ireland,Europe(general)
North America (general)NorthAmerica(general)
Brazil, South America (general)Brazil,SouthAmerica(general)
Certifications/PatentsCertifications/Patents
ISO 9001:2015 (Quality Management System) Certification: Compliance with international quality standards for the design, development, production, and service of marine, industrial, and automotive diesel engines.ISO9001:2015(QualityManagementSystem)Certification:Compliancewithinternationalqualitystandardsforthedesign,development,production,andserviceofmarine,industrial,andautomotivedieselengines.
ISO 27001:2022 (Information Security Management System) Certification: Acquisition of the latest international standard for information security management, reflecting digital environments such as AI, cloud, and IoT.ISO27001:2022(InformationSecurityManagementSystem)Certification:Acquisitionofthelatestinternationalstandardforinformationsecuritymanagement,reflectingdigitalenvironmentssuchasAI,cloud,andIoT.
CDP (Carbon Disclosure Project) Climate Change Response 'A' Grade: Top-tier evaluation in greenhouse gas reduction strategies, renewable energy transition levels, environmental information disclosure, and transparency.CDP(CarbonDisclosureProject)ClimateChangeResponse'A'Grade:Top-tierevaluationingreenhousegasreductionstrategies,renewableenergytransitionlevels,environmentalinformationdisclosure,andtransparency.
China's 'National Green Manufacturing Plant' Certification: The Chinese subsidiary (HDICC) received national-level certification for comprehensive evaluation in land use, eco-friendly raw materials, low-carbon energy, and waste treatment.China's'NationalGreenManufacturingPlant'Certification:TheChinesesubsidiary(HDICC)receivednational-levelcertificationforcomprehensiveevaluationinlanduse,eco-friendlyrawmaterials,low-carbonenergy,andwastetreatment.
'2025 Diesel of the Year Awards' Recipient: The 5-liter DX05 and 7.5-liter DX08 diesel engines received the most prestigious award in the industrial engine sector.'2025DieseloftheYearAwards'Recipient:The5-literDX05and7.5-literDX08dieselenginesreceivedthemostprestigiousawardintheindustrialenginesector.
'iF Design Award 2024' Main Award in Branding Category: Recognition for the unique brand identity and innovative marketing strategy of the construction equipment brand 'DEVELON'.'iFDesignAward2024'MainAwardinBrandingCategory:Recognitionfortheuniquebrandidentityandinnovativemarketingstrategyoftheconstructionequipmentbrand'DEVELON'.
'Samoter Technical Innovation Award' Recipient: The 14-ton hybrid electric wheeled excavator '14W EREV' received a prestigious international technical award.'SamoterTechnicalInnovationAward'Recipient:The14-tonhybridelectricwheeledexcavator'14WEREV'receivedaprestigiousinternationaltechnicalaward.
Minister's Award at Korea Brand Awards: The DEVELON brand received a ministerial award at the government-hosted brand awards within one year of its launch.Minister'sAwardatKoreaBrandAwards:TheDEVELONbrandreceivedaministerialawardatthegovernment-hostedbrandawardswithinoneyearofitslaunch.