HD Hyundai Electric breaks ground on second plant in Montgomery, Alabama

HD Hyundai Electric held a groundbreaking ceremony for a second plant at its HD Hyundai Power Transformers USA subsidiary in Montgomery, Alabama. The $200 million investment will increase extra high voltage power transformer production capacity by 50% and add 765kV-class manufacturing capability, with completion targeted for April 2027.

“The new facility, spanning approximately 312,000 square feet, will be constructed within the site of the North American production subsidiary, with completion targeted for April next year.”streetinsider.com

• 3 sources
• streetinsider.comHD Hyundai Electric Expands U.S. Production Subsidiary, Solidifies Leadership in North American Extra High Voltage Power Transformer MarketMar 7, 2026
• prnewswire.comHD Hyundai Electric Expands U.S. Production Subsidiary, Solidifies Leadership in North American Extra High Voltage Power Transformer MarketHD HyundaiMar 8, 2026
• ajupress.comHD Hyundai Electric to Expand Alabama Transformer Plant With $200 Million Investment | Aju PressSHIN JIAMar 8, 2026

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