HD Hyundai, Kiewit join forces to build advanced U.S. shipyard by 2029

URLhttps://dredgewire.com/hd-hyundai-kiewit-join-forc
Source
Date Published10/26/2026

Additional Reshoring Information:

Company/Division name HD Hyundai
Parent companyHyundai Motor Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):3000
Year reshoring announced:2026
Year reshoring implemented or to be implemented:2029
Country(ies) from which reshored:Korea, South
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredshipyard building
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Automation/technology, Eco-system synergies, Impact on domestic economy, Infrastructure, Lean/other business process improvement techniques, Proximity to customers/market
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