HanKook Tower Cranes (HKTC) was incorporated in South Korea as a new player for domestic tower crane manufacturing. They took over the business of Hanyang, which had gone bankrupt during the economic crisis. Hanyang was a former licensee to manufacture Liebherr tower cranes for South Korea’s domestic market.
In June 2003, HKTC started to manufacture three models based on old Liebherr designs: the 290HC, the 290HC-H and the 154HC.
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