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Equipment provided by Primetals Technologies of Worcester has begun producing steel that will make its way into Hyundai’s transmissions and engines.
The Worcester-based company installed steel casting and rolling machines at the South Korean auto maker’s new steel mill in Dangjin. The combined equipment has an annual capacity of more than 2 million metric tons of specialized steel a year. That steel will be used in car engines and transmissions, according to a release from the company.
The equipment order had been awarded to Primetals in early 2014 and the machines came online in October of 2015, with the caster and large bar rolling mill starting up nearly a month ahead of schedule, according to Primetals.
Hyundai Steel, situated in Incheon and Seoul, South Korea, belongs to the Hyundai-Kia Automotive Group and runs six production facilities in South Korea and a further one in China.
Primetals is a joint venture between Siemens AG — a German conglomerate with operations in Worcester — and Tokyo-based Mitsubishi Heavy Industries Ltd.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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