HD Hyundai Construction Equipment North America and National Equipment Dealers (NED) announced a five-year distribution agreement to accelerate Hyundai鈥檚 North American market coverage and growth initiatives while expanding NED鈥檚 dealership territory coverage. NED CEO Zack Kavanaugh and President & COO Jesse Beasley recently visited Hyundai鈥檚 top executive management in Seoul, Korea, to discuss the new agreement, which establishes multiple Hyundai 鈥渇lagship stores鈥� to expand NED鈥檚 dealer footprint.听 听
The new NED branches will be Hyundai-branded stores. These strategic locations in high growth-potential markets include a recently-opened branch in Jacksonville, Florida, and future locations in Fort Myers, Florida; and Austin and Dallas, Texas. The new branches will stock Hyundai inventory ranging from compact excavators and skid steer loaders to larger crawler excavators, wheel loaders, and off-road haul trucks. They also will be well equipped with state-of-the-art service facilities and tooling to provide first-class service to Hyundai customers.
听鈥淭his strategic alignment with HD Hyundai along with our shared vision for growth and focus on new markets, will help us reach new Hyundai customers while providing exceptional product, sales, and service support to a broader customer base,鈥� said Zack Kavanaugh.
鈥淗D Hyundai values our strategic relationship with NED,鈥� said Stan Park, president, HD Hyundai Construction Equipment North America. 鈥淭he new NED 鈥榝lagship鈥� stores ensure high-profile presence for Hyundai in several fast-growing markets, with the further assurance of excellent customer support.鈥�