- Base for supplying 14,000 types of A/S parts for excavators and wheel loaders to Latin America

- Increased sales of parts and construction equipment expected through significant reduction in the delivery period

Hyundai Core Motion Co., Ltd., a subsidiary of Hyundai Construction Equipment Co., Ltd. has established a new parts distribution center in Miami, Florida, and is enhancing its services related to construction equipment parts at a rapid pace.

Hyundai Core Motion announced on the 26th October, that it has officially opened its 18,837 ft² ‘Miami Parts Distribution Center’, which will supply approximately 14,000 A/S parts for excavators, wheel loaders and forklifts to 27 countries in Latin America, including Mexico, Colombia, and Chile.

The establishment of this distribution center is expected to significantly reduce the company’s delivery period for construction equipment parts from 1.5 months to 2 weeks on average for regular orders and from 4 to 2 days on average for emergency orders.

In addition to the Miami distribution center, Hyundai Core Motion has been operating parts distribution centers in Eumseong, North Chungcheong Province and Dubai, United Arab Emirates, and the company plans to further increase its parts supply rate by utilizing overseas supply chains in locations such as the US, Belgium, Brazil, China, and India.

An official at Hyundai Core Motion shared in a communique, “When customers purchase construction equipment such as excavators and wheel loaders, smooth supply and service of A/S parts are one of the most important selection criteria”.

He added, "The construction of this new distribution center will facilitate the sales of original parts lead to recurring purchase of Hyundai Construction Equipment machines to gain more ground in the market.”

Hyundai Core Motion is a construction equipment parts company that was split from Hyundai Construction Equipment in April of last year. The company produces core functional parts for heavy equipment, such as main control valves (MCVs) for excavators, pumps, motors, and cylinders, transmissions and drive axles for forklifts. It is pursuing business diversification with the aim of achieving its vision of becoming a global equipment parts company with sales of KRW 1 trillion within the next four years.