Hyundai Construction Equipment Philippines launched

From left: ACDC Chief Executive Officer Engr. Almita Dasmariñas, ACE Chief Executive Officer Seongki Min, HCE Executive Vice President and Chief Sales Officer Jaeyoung Moon, and EEC Chief Executive Officer Gilbert Garam Gook at the Hyundai Construction Equipment Philippines launch.

South Korea heavy equipment manufacturer Hyundai Construction Equipment (HCE) is poised to expand in the lucrative Philippine market with the launch of its local office under its new authorized country dealer, ACE Heavy Equipment Corporation (ACE).

ACE is a joint venture between Excelucent Equipment Corporation (EEC) and Advancement of Commerce for Development Corporation (ACDC), both involved in the local construction industry for decades.

EEC has been engaged in the distribution and servicing of HCE for more than ten years, while ACDC has been undertaking projects in both private and government sectors for 38 years through the MAMSAR Group of Companies.

ACE is effectively now the company behind Hyundai Construction Equipment Philippines. Under the partnership, EEC is focusing on distributorship of HCE in Luzon and Central Visayas, while ACDC is focusing on markets in Mindanao and the rest of the Visayas.

ACE currently counts a combined network of 17 branches and offices nationwide and is geared for expansion in the coming years. The launch event held recently at the City of Dreams Manila grand ballroom in Parañaque City was also attended by top HCE officials.

Established in 1985, HCE boasts of a state-of-the-art, 248-square-kilometer manufacturing facility in South Korea that produces construction equipment such as excavators, wheel loaders, backhoe loaders and skid loaders. It has a network of 500 dealers in 140 countries, with local subsidiaries in Brazil, China, Europe, India, Indonesia and North America.

Total
19
Shares

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Article

5 businesses you can start with minimal capital

Next Article

Directors must ensure company operations don't harm the environment'

Related Posts

Read more

The Goodwill Market offers new hot beverages to love this Valentine’s month

There’s no better way to perk up during a long workday than with a comforting cup of coffee or chocolate. The flavour boost from your choice of beverage can help you power through your projects. To make your refreshments even more wholesome and delicious, The Goodwill Market introduces new coffee, tea, and chocolate drink products that are perfect as breakfast or breaktime companions.