From Financialpost · · 1m
HD Hyundai and Kiewit Plan U.S. Shipbuilding Venture
HD Hyundai and Kiewit to build next-gen U.S. shipyard with 3,000 jobs by 2029.
In brief
HD Hyundai and Kiewit to build next-gen U.S. shipyard with 3,000 jobs by 2029. HD Hyundai and Kiewit will create a new U.S. shipyard by 2029, targeting 3,000 jobs and using advanced shipbuilding technology. Originally reported by Financialpost.
Joint Venture Announcement
HD Hyundai and Kiewit announced plans to establish HD Kiewit Shipbuilding LLC, a joint venture focused on developing an advanced U.S. shipyard.
Purpose-Built Shipyard
The venture will build a new shipyard on an existing industrial site with deep water access to the Gulf, starting construction in 2027.
Job Creation Target
At full scale, the shipyard could support up to 3,000 jobs and strengthen U.S. supply chains for marine components.
Advanced Shipbuilding Tech
HD Hyundai’s 'Future of Shipyard' model and digital manufacturing technology will improve productivity, quality, and safety.
Timeline for Operations
Construction begins in 2027 with full-scale operations targeted for 2029, creating a new model for U.S. shipbuilding.
The key point
HD Hyundai and Kiewit will create a new U.S. shipyard by 2029, targeting 3,000 jobs and using advanced shipbuilding technology.
