HD Hyundai to Merge Construction Equipment Affiliates to Form HD Construction Equipment
HD Hyundai XiteSolution announced it is merging its two construction equipment affiliates, effective Jan. 1, 2026, to form a new company, tentatively named HD Construction Equipment.
This merger will combine HD Hyundai Construction Equipment and HD Hyundai Infracore, which currently manufacture and market the Hyundai and Develon brands of construction equipment, respectively. The Hyundai and Develon brands, which today operate in the United States and Canada through separate dealer networks, will continue to be sold and supported through distinct, independent dealer networks.
“Hyundai dealers and customers can be confident in the continuing strength of the Hyundai brand,” said Stan Park, CEO, HD Hyundai Construction Equipment North America. “This merger gives the Hyundai and Develon brands the full backing of a powerful global company that expects to exceed U.S. $11 billion in sales by 2030.”
According to Park, Hyundai customers will benefit from competitive pricing afforded through the greater purchasing power of the newly merged company, along with more and faster product advancements driven through shared R&D resources, and a broadening lineup of products. The new entity is also planning to expand aftermarket services and engine development and sales.
HD Hyundai Construction Equipment North America offers a full line of crawler excavators, ranging from compact models to heavy excavators; wheeled excavators; wheel loaders; articulated dump trucks; skid steer and compact track loaders, crawler dozers, and hydraulic breakers. Hyundai offers sales, service, parts and rentals through the brand’s network of more than 100 dealerships operating from more than 200 locations across the United States and Canada.
Visit na.hd-hyundaice.com for more information.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.