Since its inception in 1937, the journey of the equipment manufacturing company, Develon, has been one marked by innovation. Originally established under the Daewoo brand, they later transitioned to the Doosan brand and became a trusted player in the global market. Now they’re known as Develon! https://na.develon-ce.com/en
Here is an overview of the history of the company:
1970-1972: The foundation of their large-scale production system laid the groundwork for their ascent in the industry. During this period, they introduced their first articulated dump truck, setting the stage for further advancements in construction equipment.
1977-1978: Recognizing the growing demand for heavy machinery, they established their construction equipment division and achieved the production of their first crawler excavator.
1991: They made our foray into the North American market, further solidifying their position as a key player on the international stage.
2005: A significant moment in their history came with the acquisition of Daewoo Machinery.
2019: They achieved their first successful live demonstration of fully autonomous construction equipment, Concept-X.
2021-2022: They expanded their product lineup with the introduction of an all-new mini excavator range and ventured into the dozer category.
2023: Following their acquisition by HD Hyundai in 2021, they unveiled their new identity as Develon.
