Hyosung HICO expands U.S. manufacturing headquarters in Memphis with $157M investment

Hyosung HICO will invest $157 million and create 240 new jobs to construct a new facility at its U.S. manufacturing headquarters in Memphis, Tennessee, expanding manufacturing capacity by 50%.

“Hyosung HICO will invest an additional $157 million and create 240 new jobs as the company constructs a new facility at its U.S. headquarters.”tn.gov

• 1 source
• tn.govHyosung HICO, Ltd. Expands U.S. Manufacturing Headquarters for Second Time in Six MonthsNov 12, 2025

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