# Hyundai Heavy Industries Turbo Machinery to build eco-friendly turbo machinery plant in Pohang, South Korea

Hyundai Heavy Industries Turbo Machinery signed an MOU with Gyeongsangbuk-do and Pohang City to invest 100 billion won to build an eco-friendly turbo machinery and SMR core equipment production facility in Yeongilman 4 General Industrial Complex in Pohang, South Korea. Construction will start in 2026 and be completed in 2029, creating 100 new jobs.

- Type: New facility
- Announced: 2026-08-27
- Where: Yeongilman 4 General Industrial Complex, Pohang, South Korea
- Value: $75.0M (100.0B KRW)
- Jobs: 100
- Starts operating: 2029
- Status: announced
- Products: eco-friendly turbo machinery, small modular reactor (SMR) core equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyundai Heavy Industries Turbo Machinery](https://endata.com/companies/94075.md)

## Sources

- [etnews.com](https://www.etnews.com/20260827000292), 2026-08-27: "현대중공업터보기계가 포항 영일만4일반산업단지 내에 1000억원을 투자해 친환경 터보기계 및 소형모듈원자로(SMR) 핵심 기자재 생산시설을 구축한다."
- [yna.co.kr](https://www.yna.co.kr/view/AKR20260827141500053), 2026-08-27: "이번 대규모 투자를 바탕으로 대형 원전 및 SMR 핵심 기자재의 국산화를 가속화하고, 세계 시장을 선도하는 친환경 에너지 대표 기업으로 도약하겠다"

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