# LS Electric expands Busan plant with $75M investment for HVDC transformer production

LS Electric is investing 100.8 billion won (approx. $75 million) to build a second production building at its Busan plant, which will increase ultra-high-voltage transformer production capacity from 180 billion won to 600 billion won annually. The new building is expected to start operations in Q4 2025.

- Type: Expansion
- Announced: 2025-08-26
- Where: Busan, South Korea
- Value: $75.0M (100.8B KRW)
- Starts operating: Q4 2025
- Status: under construction
- Capacity: annual production capacity increase from 180 billion won to 600 billion won
- Products: ultra-high-voltage transformers, HVDC conversion equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LS Electric](https://endata.com/companies/15629.md)

## Sources

- [sedaily.com](https://www.sedaily.com/article/14109132), 2025-08-26: "LS일렉트릭은 글로벌 HVDC 사업 확대와 초고압변압기 수요 증가에 대응해 1008억 원을 투자해 부산 사업장에 제 2생산동을 증설하고 있다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.