Hyundai Elevator Co., Ltd., a Hyundai Group subsidiary, is a South Korean company that manufactures elevators, escalators, moving walkways, and parking systems. Based in Chungju, South Korea, Hyundai Elevator has six overseas subsidiaries in China, Vietnam, Indonesia, Malaysia, Turkey, and Brazil and agents in 49 countries.[1]
History
Hyundai Elevator was established as a joint venture between Hyundai Electrical Engineering and Westinghouse Electric in 1984.[2] Schindler Group, a Swiss-based company, succeeded Westinghouse's stake in Hyundai Elevator when Westinghouse disposed of its escalator business in 1989.[3]