Doosan Bobcat

Doosan Bobcat announced on the 20th that it was selected as U.S. media Fast Company’s 'The Most Innovative Companies of 2024' in the manufacturing category.

Fast Company has been selecting companies with innovative technologies that change the world and announcing them annually since 2008. This year, various companies from 58 categories including manufacturing, health, climate, energy, and AI were recognized.

Doosan Bobcat, which developed the world's first skid-steer loader 65 years ago, continues to lead the compact equipment industry with smart and eco-friendly technologies. Since 2022, it has unveiled two types of all-electric loaders for the first time in the industry and introduced two concept unmanned machines designed without an operator’s cab. At CES 2024, the world's largest electronics and IT exhibition held in Las Vegas, Doosan Bobcat continued its innovation by exhibiting the industry’s first autonomous articulating tractor, along with an autonomous mower product.

Doosan Bobcat has been recognized for its technological prowess, winning two categories at the CES Innovation Awards in 2022 and 2024, respectively. In May last year, it was also recognized in the transportation sector of Fast Company's 'World Changing Ideas Awards.'

Fast Company also noted Doosan Bobcat's innovation in modernizing manufacturing facilities. The company has invested approximately 12 billion Korean won($9.3 million) in an automated press system at the Gwinner, North Dakota factory and introduced various facility updates to reduce manual labor and improve accuracy.

Scott Park, CEO and Vice Chairman of Doosan Bobcat, said, “At Doosan Bobcat, we innovate for people, helping them solve problems. Based on the innovative DNA that pioneered the compact equipment industry, we are still inventing and will become a game changer that reshapes the industry landscape.”