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We sell Halla excavator parts for these models: HE130LCE EX200 HE220LC HE280LC HE360LCH HE450LCH |
Some parts include:
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A Little History About Halla…
The founder of Halla, Chung In-yung, got his start working for Hyundai, which was founded by his brother. Chung Ju-yung. Chung In-yung was president of Hyundai Construction from 1953 until 1976. In 1962, while he was still working for his brother, Chung In-yung established Hyundai International as a manufacturer of heavy-duty industrial equipment. Hyundai International became independent from Hyundai in 1975. In 1977, the Chung brothers had a disagreement about whether or not Hyundai should expand into the Middle East. Chung Ju-yung elected to leave Hyundai and start his own Korean conglomerate, called the Halla Group, whose name was named in allusion to the tallest peak in Korea. The late 70’s and early 80’s were turbulent time for South Korea. On October 26, 1979, South Korea’s president Park Chung Hee was assassinated. A senior military general named Chun Doo Hwan was placed in charge of the murder investigation.In December 1979, Hwan arrested the army-chief-of-staff, Chung Sung Hwan, as a conspirator in the murder. Despite another man in being named interim president, Chun Doo Hwan became the most powerful man in Korea as the unchallenged leader of the military. In May of 1980, martial law was declared under Hwan’s guidance. On August 1980, the Korean intern president resigned, allowing Chun Sung Hwan to seize the presidency. Chung Sung Hwan was determined to improve South Korea’s heavy equipment and petrochemical industries, and passed laws allowing for nationalization of such companies. Hyundai International was one of the effected companies, falling under government control in September of 1980. Without Hyundai International, Halla had to rely on the group’s other businesses. Since 1976, Halla’s subsidiary Mando International has been producing components for Hyundai cars. During the 80’s, Mando emerged as the dominant auto parts supplier in Korea. After losing Hyundai International, Chung In-yung held a grudge to say the least, and he wanted to match his brother’s successes at Hyundai. Halla expanded and diversified into new industries. The company entered a joint venture with Ford to manufacture automobile components. In 1995, the group expanded into post-secondary education, when they opened the Halla Institute of Technology. The same year, Halla opened what was considered the “Pride of Halla”, a shipyard in the south of the country. In 1996, Halla completed construction on one of the largest newsprint plants in Asia. On December 31, 1997, Chung In-yung stepped aside as the company’s chairman and named his second son, Chung Mong Won, as his replacement. During his time in office, Chung In-yung saw his company grow from a start-up to become Korea’s 12th largest business conglomerate. In November 1997, the Korean Financial Crisis hit, which reduced the amount of capital available for Korean businesses. Many Korean companies had taken on large amounts of debt which they were unable to pay. Halla had to borrow hundreds of millions of dollars from Hyundai to keep from closing. When those funds ran out, three of Halla’s largest subsidiaries (Halla Heavy Industries, Halla Merchant Marine, and Manado Machinery Corp) were forced into receivership; and eventually sold-off. |
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