▶ Signs two-year deal with Power Solutions International to supply gas generator engine long blocks ▶ Reaches KRW 550 billion in cumulative North American orders in just one month, proving technological prowess and reliability ▶ North American generator market projected to reach KRW 17 trillion by 2034 amid AI data center expansion HD Construction Equipment is proving its competitiveness in the North American generator engine market through consecutive large-scale orders. The company announced via a public disclosure on Tuesday the 10th that it has signed a contract to supply 22-liter gas generator engine long blocks to Power Solutions International, Inc. (PSI), a North American power generation and engine solutions provider. A long block is a semi-finished engine assembly excluding fuel and ignition systems. The two-year contract runs from 2027 and is valued at approximately KRW 160 billion.  PSI is a major North American power generation and engine solutions company that provides customized power systems to infrastructure facilities across various industries, including data centers. PSI plans to utilize HD Construction Equipment’s generator engine long blocks in its power generation systems for deployment across client sites. Following a KRW 390 billion order for gas generator engine long blocks in October, HD Construction Equipment added this new deal to reach cumulative supply contracts worth KRW 550 billion in North America alone within a single month. Industry analysts note that these back-to-back large-scale wins demonstrate the advanced technology and reliability of the company’s engines in the North American market. According to market research firm Market Data Forecast, the North American generator market is projected to grow at a compound annual growth rate (CAGR) of 4.14%, expanding from approximately $9.41 billion (about ₩12.7 trillion) in 2026 to $13.02 billion (about ₩17.5 trillion) by 2034. As the power generation market expands amid surging electricity demand from AI data center growth, HD Construction Equipment is stepping up its push into North America with its generator engines. Offering short lead times, rapid installation, and the flexibility to scale operations according to fluctuating power demand, the company's generator engines are gaining traction as ideal power solutions for data centers.   "These back-to-back major supply contracts once again demonstrate the technological prowess and reliability of our engines," an HD Construction Equipment official said. "We will continue to expand our business by actively targeting the rapidly growing power generation infrastructure market." Meanwhile, HD Construction Equipment plans to accelerate its entry into the high-output generator engine market by establishing a production system for ultra-large 1–3 MWe generator engines, centered around its new Gunsan engine plant completed last month. ※ Note: An engine long block refers to a semi-finished engine assembly excluding fuel and ignition systems.

▶ Around 200 employees join hands for Kimchi-making volunteering in Ulsan, Incheon, and Gunsan ▶ 2,500 boxes of Kimchi worth KRW 130 million donated to local welfare facilities and national heroes’ families HD Construction Equipment and HD Hyundai XiteSolution have launched their annual Kimchi-sharing event to bring warmth to local communities ahead of the harsh winter season. The two companies announced on November 5 that approximately 200 executives and employees participated in the volunteer event across major domestic production sites, including Ulsan, Incheon, and Gunsan. Key leadership joined employees to mix and pack the traditional winter staple. President Moon Jae-young of HD Construction Equipment led the volunteer group at the Incheon site, while President Park Chan-hyug of HD Hyundai XiteSolution participated alongside staff at the Ulsan facility. Together, the companies prepared 2,500 boxes of Kimchi, valued at approximately KRW 130 million. The packages will be distributed via local social welfare organizations to underprivileged neighbors and community centers near the companies' business operations. Notably, a portion of the donations will be delivered directly to the families of Korean War veterans and descendants of national patriots as a gesture of deep gratitude and respect for their service. The Kimchi-sharing program is HD Construction Equipment’s flagship corporate social responsibility (CSR) initiative. Since its launch in 2011, the company has maintained this meaningful tradition for 16 consecutive years, strengthening its connections with local communities. "We hope the Kimchi made by our employees brings comfort and support to our neighbors this winter," said an official from HD Construction Equipment. "Moving forward, we remain committed to supporting our local communities and sharing winter warmth."  

▶ The facility boasts an annual capacity of 1,250 Super-large generator engines, 120 defense engines, and 1,460 MWh of battery packs. ▶ Equipped with assembly robots and autonomous mobile robots, the smart factory significantly boosts quality and production efficiency. ▶ Unveiling its first 37-liter Super-large generator engine, the company aims to reach KRW 2.5 trillion in engine business revenue by 2030. HD Construction Equipment is expanding its business footprint following the completion of a state-of-the-art engine and battery pack manufacturing facility. On Wednesday the 28th, the company hosted a grand opening ceremony for its new engine plant at the Gunsan Campus, located within the Gunsan National Industrial Complex in Jeonbuk State. The event drew around 200 attendees, including key executives and officials such as HD Hyundai Vice Chairman Cho Young-cheul, HD Construction Equipment President Moon Jae-young, Jeonbuk Governor Lee Won-taeg, National Assembly Member Kim Eui-kyeom, Gunsan Mayor Kim Jae-jun, and Park Tae-hyeon, Director General for Industrial AI Policy at the Ministry of Trade, Industry and Resources, alongside key partners and clients. Built over two years with a KRW 116.8 billion investment, the new facility spans 62,700 square meters within the Gunsan Campus. The company maximized both quality control and operational efficiency by integrating advanced assembly robots, Autonomous Mobile Robots (AMRs), predictive defect detection systems, and a centralized control tower. At full capacity, the new smart factory delivers an annual production capacity of 120 defense-grade tank engines and 1,250 Super-large generator engines ranging from 1 to 3 MWe. Its yearly output for battery packs also reaches up to 1,460 MWh, which is enough to power approximately 9,400 electric buses. In response to the rapidly increasing demand for high-output power generators driven by AI data centers, HD Construction Equipment plans to begin mass production of its Super-large generator engines at the Gunsan plant. The rollout will kick off with a 37-liter (1.3 MWe) model in the first half of next year, followed by a 77-liter (3 MWe) model in 2028 and a 50-liter (2 MWe) model in 2029. Furthermore, the new facility will enable the company to reliably meet the growing mid-to-long-term demand for defense-grade tank engines, while also expanding its supply of battery packs across the commercial vehicle, construction equipment, and industrial sectors. During the ceremony, the company unveiled its 37-liter Super-large generator engine, DX37, alongside the new name and slogan for its engine business unit. Reflecting its mission to provide the power that drives industries forward through its engines and battery packs, the unit has been named the Power Solutions Business Division. The new slogan, "Powering the Next," embodies the company's commitment to realizing future technologies and creating new opportunities. Under this new slogan and backed by the new Gunsan facility, HD Construction Equipment will aggressively target the growing demand for generator engines, defense engines, and battery packs. The company aims to reach KRW 2.5 trillion in engine business revenue by 2030, nearly doubling its 2025 revenue of KRW 1.3 trillion. "We will pioneer future technologies and proactively create new business opportunities to meet emerging energy demands," said Moon Jae-young, President of HD Construction Equipment, during the ceremony. "Through these efforts, we will ensure our company grows hand-in-hand with the local community." (1) Panoramic view of HD Construction Equipment’s new engine plant in Gunsan. (2) The DX37 generator engine, scheduled for mass production at the new Gunsan plant