HD Hyundai takes smart yard playbook to Wisconsin
South Korea’s HD Hyundai is set to bring its smart shipyard model to the United States through a new partnership with Fraser Industries. The deal aims to modernize Fraser Industries’ facility located on Lake Superior, marking a significant step in the evolution of US shipbuilding.
Memorandum Signed for Full Shipyard Cycle Modernization
HD Korea Shipbuilding & Offshore Engineering and Fraser Industries have recently signed a memorandum that covers every aspect of the shipyard cycle. This includes yard design, production systems, automation, artificial intelligence, and workforce development. The collaboration is poised to revolutionize the shipbuilding industry in the US.
Fraser Shipyards to Showcase Modernization Efforts
Under the agreement, a consulting contract is expected to be finalized later this year. Fraser Shipyards in Superior, Wisconsin, will serve as a demonstration site for showcasing the latest in shipbuilding modernization. The program will involve a comprehensive assessment of the existing yard, plant, and production layout, as well as the implementation of robotics, automation, and cutting-edge systems to enhance cost-effectiveness, quality, and productivity. Additionally, HD Hyundai will introduce AI and data-based tools to support supply-chain development.
The partnership between HD Hyundai and Fraser Industries adds to the Korean shipbuilding group’s growing portfolio of US collaborations. This move comes at a time when the US government is keen on revitalizing both commercial and naval shipbuilding capabilities domestically.
By leveraging the expertise of HD Hyundai and the resources of Fraser Industries, the US shipbuilding industry is poised to witness a significant transformation in the coming years. Stay tuned for more updates on this groundbreaking partnership.
