HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs
The venture will use HD Hyundai’s digital shipbuilding model and could support up to 3,000 jobs, the companies said.
- On Thursday, October 22, 2026, HD Hyundai and Kiewit Maritime announced plans to establish HD Kiewit Shipbuilding LLC, a proposed joint venture to develop a purpose-built shipyard in the United States.
- The venture combines HD Hyundai's 'Future of Shipyard' model with Kiewit Maritime's large-scale fabrication expertise and digital manufacturing technology to strengthen domestic supply chain capabilities.
- Operations will utilize a site with deep water access to the Gulf, focusing on naval auxiliary and commercial vessels while incorporating automated production systems and robotic welding to improve productivity.
- Construction is targeted to begin in 2027, with full-scale operations expected by 2029, when the shipyard could support up to 3,000 jobs at full operating scale.
- "Our proposed joint venture HD Kiewit Shipbuilding marks an important milestone," said Hannae Choi, Executive Vice President of HD Korea Shipbuilding & Offshore Engineering, emphasizing the goal of becoming a strategic partner to the U.S. shipbuilding industry.
23 Articles
23 Articles
HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs
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.
HD Hyundai, Kiewit to form JV to build shipyard in US
Korean shipbuilding giant HD Hyundai Co. said Friday it will establish a joint venture with U.S. engineering and construction company Kiewit to build a new shipyard in the United States. HD Hyundai and Kiewit signed an agreement in Houston on Thursday (local time) to establish the joint venture, tentatively named HD-Kiewit Shipbuilding LLC. The joint venture plans to begin construction of the shipyard next year, with full-scale operations target…
HD Hyundai is building a new shipyard in the United States. This marks the second time a South Korean company has entered the local shipbuilding industry, following Hanwha Ocean's acquisition of an existing U.S. shipyard in 2024. Last August, U.S. President Donald Trump, through a presidential memorandum, [regarded] the ‘establishment of shipyards or acquisition of equity in the United States’ by foreign companies
The Toronto Star
HD Hyundai and Kiewit Announce Plans for Next-Generation U.S. Shipbuilding Joint Venture
New venture will combine world-class shipbuilding technology with large-scale American engineering and construction expertise to create a new model for U.S. shipbuilding and thousands of new American jobsProposed HD Kiewit Shipbuilding venture envisions a new, purpose-built shipyard on an existing…
HD Hyundai is pursuing a plan to establish a local production base in the United States with an Engineering, Procurement, and Construction (EPC) firm. According to industry sources on the 22nd, HD Hyundai is in the final stages of negotiations regarding the establishment of a local joint venture (JV) with Kiewit, a comprehensive U.S. EPC company. It is reported that the two companies are discussing plans to purchase local land and build a shipya…
(Seoul=Yonhap News) Reporter Hong Kyu-bin = HD Hyundai is collaborating with an American design, procurement, and construction (EPC) company to establish a local production base.
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