Hyosung HICO invests $51 M in Memphis transformer facility
The $51 million investment will add 123 new jobs to Hyosung HICO’s US transformer manufacturing hub in South Memphis, boosting local energy sector capacity.
Hyosung signs supply contract with Powerlink
Hyosung Heavy Industries has signed a 35 billion won ($25.9 million) transformer supply contract with Powerlink.
Hyosung wins Norway transformer order
Hyosung Heavy Industries has secured a 330 billion won ($240 million) deal to supply 420 kV high-voltage transformers to Norway’s electricity agency Statnett.
Korean transformer manufacturer expanding US presence
USA, Tennessee, Memphis: Hyosung Heavy Industries is penetrating the US market after completing the expansion of its HV transformer production in Memphis.