CNH Industrial to produce mini excavators with Hyundai Heavy
Published by Joseph Green,
Editor
World Cement,
Reuters are reporting that truck manufacturer CNH Industrial has signed a 10-year partnership with South Korea's shipbuilder Hyundai Heavy Industries to develop mini-excavators, completing the expansion of its excavator product portfolio.
Under the agreement - which applies globally with the exception of South Korea and could be renewed for a further three years - Hyundai Heavy Industries will grant manufacturing licensing and component and spare parts supply to CNH.
"Once fully realised, the mini-excavator product offering will include 14 models ranging from one ton to six tons," CNH announced.
Edited from source by Joseph Green. Source: Reuters
Read the article online at: https://www.worldcement.com/asia-pacific-rim/12092016/cnh-industrial-produce-mini-excavators-hyundai-heavy-236/
You might also like
The World Cement Podcast - The changing face of cement in Europe
In this special joint episode of the World Cement Podcast and Cementing Europe’s Future, Senior Editor David Bizley is once again joined by Koen Coppelholle, CEO of Cement Europe (formerly CEMBUREAU). The two discuss the reasons behind the rebrand, a new action plan for cement, and the future of the industry.
Tune in to the World Cement Podcast on your favourite podcast app today.
