Hyosung Heavy Industries to invest $157M to double Memphis transformer plant capacity
Hyosung Heavy Industries will invest $157 million in its Memphis, Tennessee high-voltage transformer plant to more than double production capacity by 2028, making it the largest U.S. transformer plant by capacity.
Capacity
50 percent increase in production capacity
Productshigh-voltage transformersultra-high-voltage 765kV transformers
“The future of the power industry depends not just on equipment, but on the ability to manage power flows, storage and system stability in an integrated way.”koreajoongangdaily.com
- 3 sources
- koreajoongangdaily.comHyosung Heavy Industries to invest $157M to double capacity at Memphis transformer plantKIM JU-YEONNov 18, 2025
- koreaherald.comHyosung to expand Memphis site into largest transformer plant in US - The Korea HeraldKan Hyeong-wooNov 18, 2025
- prnewswire.comHyosung Chairman Cho Hyun-Joon Announces Major Expansion of Memphis Power Transformer PlantHYOSUNG CORPORATIONDec 12, 2025
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