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Hyosung Heavy Industries building dedicated HVDC transformer factory in Changwon · Endata

◂ Announcements

Sep 28, 2026NEW FACILITYChangwon, South Korea, South Korea

Hyosung Heavy Industries building dedicated HVDC transformer factory in Changwon

Hyosung Heavy Industries is building a dedicated HVDC transformer factory at its Changwon plant, investing 254 billion won ($188 million), with completion targeted for July 2027. The factory will increase capacity to 1.5 times the 2024 level.

Value

$188.0M (254.0B KRW)

Starts operating

16 Oct 2026

Status

Under construction

Capacity

double previous capacity for 420 kV and above

ProductsHVDC transformers

CompaniesHyosung Heavy Industries

Sectors#Electrical Equipment

“Foundation work is about 70 percent complete.”biz.heraldcorp.com

2 sources
biz.heraldcorp.comHyosung Heavy Industries to complete dedicated HVDC transformer factory at Changwon by July next year - The Herald BusinessPark Hye-wonSep 28, 2026
en.fnnews.comHyosung Heavy Industries opens new export-focused ultra-high-voltage circuit breaker plant in Changwon, doubling production capacity - First-Class Business Newspaper Financial NewsFinancial NewsOct 16, 2026

Summarized from public sources; check the original articles before acting on it.

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Jul 29, 2026CONTRACTGoiás, Brazil
Hyosung Heavy Industries to supply transformers for Brazil's Serra do Facão hydropower plant
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Jul 9, 2026EXPANSIONMemphis, United States, United Statesops 2026
Hyosung Heavy Industries to double Memphis factory capacity
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Jul 3, 2026CONTRACTVictoria, Australia
Hyosung Heavy Industries signs five-year supply deal with AusNet for EHV equipment
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