Hyosung expands Memphis transformer plant
Company to boost US production by over 50%, creating the nation’s largest power transformer facility by 2028.
Hyosung expands transformer production in Memphis
The $157 M investment will boost 765 kV transformer manufacturing capacity in the US as electricity demand rises from AI and data centres.
Hyosung HICO announces second major expansion
The second major upgrade in six months will add 240 jobs and boost US transformer manufacturing capacity by 50 %.
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 to double transformer output for US market growth
Hyosung Heavy Industries’ US transformer unit aims for a 10 % market share within two years.
Mitsubishi plant seeks joint venture partners for its power transformer division
US, Memphis: Joe Durante, general manager of the Mitsubishi plant is pursuing to increase volume of the business in multiple ways — including, possibly, a sale of the Memphis plant.
Mitsubishi Electric ships its 50th power transformer from Memphis plant
USA, Tennessee: Mitsubishi Electric Power Products, Inc. (MEPPI) has shipped its 50th high-voltage transformer manufactured exclusively in its North American transformer manufacturing facility in Memphis, Tennessee.