HD Hyundai Construction & Equipment announced that it held an inauguration ceremony for its new engine plant on the 28th at its Gunsan campus within the Gunsan National Industrial Complex in North Jeolla Province.
The company aims to capture the power generation engine market, where demand is surging due to the expansion of artificial intelligence (AI) data centers, with a goal of achieving 2.5 trillion won in engine business revenue by 2030.
Attendees at the event included HD Hyundai Vice Chairman Jo Young-cheol, HD Hyundai Construction & Equipment President Moon Jae-young, North Jeolla Special Self-Governing Province Governor Lee Won-taek, National Assembly Member Kim Ui-gyeom, Gunsan Mayor Kim Jae-jun, Ministry of Trade, Industry and Energy Industrial AI Policy Officer Park Tae-hyun, along with approximately 200 people including partners and customers.
The new plant was developed over two years with an investment of 116.8 billion won on a site of 62,700 square meters (approximately 19,000 pyeong) within the Gunsan campus. It introduced assembly robots, autonomous mobile robots (AMRs), and pre-quality defect detection equipment, and built an integrated control tower to enhance quality and production efficiency.
HD Hyundai Construction & Equipment is expanding its business scope beyond existing construction machinery engines to include power generation and defense engines, as well as battery packs. The Gunsan new plant serves as a key production base supporting this business diversification.
The new plant can produce 120 tank defense engines and 1,250 ultra-large-scale power generation engines in the 1-3 MWe class annually. Its battery pack production capacity is up to 1,460 MWh (megawatt-hours) per year, a scale sufficient to supply approximately 9,400 electric buses.
In response to increasing demand for high-output generators for AI data centers, HD Hyundai Construction & Equipment plans to expand its lineup of ultra-large-scale power generation engines. Starting with the 37L class (1.3 MWe) model in the first half of next year, it will sequentially Yangsan the 77L class (3 MWe) model in 2028 and the 50L class (2 MWe) model in 2029. It also aims to respond to the medium- and long-term increase in demand for tank defense engines. The company plans to expand battery pack supply targeting commercial vehicles, construction machinery, and industrial markets.
On this day, HD Hyundai Construction & Equipment unveiled its 37L class ultra-large-scale power generation engine 'DX37,' along with the new name and slogan for its Engine Business Division. Reflecting the meaning of supplying the power necessary for industry based on engines and battery packs, the division's name was changed to the 'Power Solution Business Division.' The new slogan is 'Powering the Next.'
HD Hyundai Construction & Equipment aims to expand its power generation and defense engine and battery pack businesses with the Gunsan new plant as a hub, targeting 2.5 trillion won in revenue from its engine business by 2030. This scale is close to double last year's revenue of 1.3 trillion won.
Moon Jae-young, President of HD Hyundai Construction & Equipment, stated, "We will realize future technologies to respond to new energy demands and proactively create new business opportunities," adding, "Through this, we will become a company that grows together with the local community."
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