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Doosan Bobcat

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Doosan Bobcat - Manufacturing & Construction showcase

Year Founded & Workforce

1958

5,000 Employees

Industry

Manufacturing & Construction

Services

Heavy Construction Equipment
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Doosan Bobcat Overview

Company Headquarters: South Korea

Founded: 1958

Workforce: 1,001-5,000

Company Working: Doosan Bobcat manufactures construction equipment. The Company offers loaders, excavators, compressors, drill modules, generators, and other equipment. Doosan Bobcat also manufactures construction machinery. Doosan Bobcat is conducts business globally.

Strategy

Doosan Bobcat is focused on product development to strengthen its presence in key vertical markets. Although the company is not very active in acquiring new contracts in recent years, it has been increasing R&D investments to improve the performance of its construction equipment

Company Snapshot

$3,869M

Revenue

5,000

Employees

1958

Founded

South Korea

Headquarters

SWOT Analysis

Strengths

  • Increasing R&D expenditure
  • Extensive industry experience
  • Wide product portfolio

Weaknesses

  • High dependence on suppliers

Opportunities

  • Scope for expansion in emerging markets

Threats

  • High global market competition

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Key Developments

DateApproachDevelopment
March 2022CollaborationDoosan Bobcat India (DBIN), a global leader in compact construction equipment, has appointed Euroteck Auto Equipment as its authorised dealer for its entire product portfolio of Bobcat backhoe loader, skid steer loader, mini-excavator, and compact track loader for the Telangana region.
April 2021ExpansionDoosan Bobcat North America has completed USD 26 million expansion at its manufacturing facility in Litchfield, Minnesota, US. The 15-month project nearly tripled the size of the facility, from 70,000 square feet of office and manufacturing space to nearly 200,000 square feet.

Product Offering

  • Doosan Bobcat
    • Heavy Construction Equipment

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 3,869 Mn in 2019 to USD 5,082 Mn in 2021.
Doosan Bobcat — By Business Segment
Series (USD Mn)201920202021
Sales3,8693,6295,082

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