HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs

PSX Update • Oct 23, 2026

SEOUL: HD Hyundai Co said on ​Friday it has signed a deal with ‌Kiewit Corp to start building an advanced US shipyard next year, with operations expected to begin ​in 2029 and create about 3,000 ​domestic jobs. The new shipyard is expected to ⁠boost US shipbu...

SEOUL: HD Hyundai Co said on ​Friday it has signed a deal with ‌Kiewit Corp to start building an advanced US shipyard next year, with operations expected to begin ​in 2029 and create about 3,000 ​domestic jobs. The new shipyard is expected to ⁠boost US shipbuilding capacity and help revive ​the industry, Hyundai said. The partners will explore ​opportunities in both commercial ships and military support vessels, it...