# 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.

- Type: Expansion
- Announced: 2025-11-18
- Where: Memphis, Tennessee, United States
- Value: $157.0M
- Starts operating: 2028
- Status: announced
- Capacity: 50 percent increase in production capacity
- Products: high-voltage transformers, ultra-high-voltage 765kV transformers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/hyosung-heavy-industries-to-invest-157m-to-double-capacity-at-memphis-transformer-plant/12023760), 2025-11-18: "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."
- [koreaherald.com](https://www.koreaherald.com/article/10618541), 2025-11-18: "With this expansion, we will cement our position as the global No. 1 total solution provider based on our status in the US market."
- [prnewswire.com](https://www.prnewswire.com/news-releases/hyosung-chairman-cho-hyun-joon-announces-major-expansion-of-memphis-power-transformer-plant-302639733.html), 2025-12-12: "Hyosung Heavy Industries announced that it will invest $157 million in its Power transformer plant located in Memphis, Tennessee, to expand Power transformer production capacity by more than 50% by 2028."

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