Samsung Heavy Equipment

1974
Establishment of Samsung Heavy Industries Co., Ltd.

1983
Initiation of the Construction Equipment Business. The Construction Equipment Division was acquired from Korea Heavy Industries & Construction Co., Ltd.

1987
Launch of the self-developed excavator MX8.

1987
The new hydraulic components plant is established.

1991
Launch of the self-developed wheel loader LX25.

1997
Launch of the new series 3 excavators.

1998
Samsung Heavy Equipment in Korea was acquired by Volvo Construction Equipment.
The name was changed to Volvo Construction Equipment Korea Ltd.