South Korea, Seoul: Hyundai Electric & Energy Systems Co. announced it will invest $30 million in the expansion of its power transformer plant in the United States.
South Korean power transformer manufacturer Hyundai Electric and Energy Systems has been informed by the U.S. Commerce Department of a decision to impose an anti-dumping duty of 60.81 % on its large power transformers shipped to the U.S. between August of 2015 and July of 2016, reports KBS World.
Bahrain: Turk Heavy Transport has been providing transport and logistics services in an ongoing transformer project conducted by Hyundai Heavy Industries for the Electricity and Water Authority in Bahrain.
South Korea, Seoul: Hyundai Heavy Industries Co. and trading company Posco Daewoo have won a $44 million transformer order from National Grid, a UK electricity transmission company.
Korea, Seoul: The U.S. government has decided to slap a higher than preliminarily set anti-dumping rate on large power transformers exported by a South Korean manufacturer Hyundai Heavy Industries Co., the latest in a series of trade restrictions imposed on locally made goods under the Trump administration.
Germany, Erlangen: Hyundai Engineering Mexico awarded Siemens a contract to install power distribution technology in a new automobile plant in Mexico being built by a Korean automotive manufacturer, KIA Motors.
The Hyundai Power Transformers held a job fair Saturday in Millbrook and Wetumpka, Alabama, the USA.
Hundreds of applicants showed up to participate in the job fair which was in the morning at Stanhope High School and during the afternoon at Wetumpka High School.