Hyundai Construction Equipment Australia (HCEA), the construction equipment provider in Australia, are renowned for providing quality earthmoving equipment for various industries such as construction, mining, quarrying and forestry. On the back end of Hyundai Construction and Equipment Australia are Hyundai Heavy Industries (HHI) who manufacture and supply construction equipment in addition to being a ship builder.
When Hyundai Heavy Industries (HHI) was founded in 1972, the guiding principles of the far-seeing founder Chung Ju-Yung led to the creation of the dynamic industrial growth. Within two years, Hyundai Heavy Industries completed the construction of the world’s largest shipyard and two VLCC (Very Large Crude Carrier) sea vessels. One decade later, Hyundai Heavy Industries took the leading position in the world shipbuilding market, a position they have maintained ever since then.
Hyundai Heavy Industries also realised that the only way to break into established and highly competitive international markets was by pursuing a policy of research and development investments, applying the highest possible quality standards and offering a range of products which provided productivity and value for money benefits for end users.
Hyundai Heavy Industries have grown into a Korean multinational giant, with six independent industrial business divisions. Following are the six independent industrial business divisions of Hyundai Heavy Industries:
- Offshore and Engineering
- Industrial Plant and Engineering
- Engines and Machinery
- Electro Electric Systems
- Construction Equipment
Hyundai Heavy Industries’ sister firm Hyundai Motor Company grew along at an equal pace. With their wide and diverse range of industrial activities, and their sheer size, Hyundai Heavy Industries were able to claim the following world records:
- The world’s largest cargo ship
- The world’s largest ship propeller
- The world’s most powerful marine engine
- Guinness World Record for the most visited company (among several other world records)