# Hyundai Heavy Industries Turbomachinery to build 100 billion won plant in Pohang

Hyundai Heavy Industries Turbomachinery signed an MOU with Pohang city and Gyeongbuk province to invest 100 billion won through 2029 in a new plant at Yeongilman 4 industrial complex producing eco-friendly turbomachinery and SMR equipment. About 100 jobs are expected to be created.

- Type: New facility
- Announced: 2026-08-27
- Where: Pohang, South Korea
- Value: $73.0M (100.0B KRW)
- Jobs: 100
- Status: announced
- Capacity: 101,128 m2 site
- Products: pumps and compressors for power plants, SMR core equipment, turbomachinery
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Hyundai Heavy Industries Turbomachinery](https://endata.com/companies/14608.md)
- [Pohang City](https://endata.com/companies/14609.md) (partner)
- [Gyeongbuk Province](https://endata.com/companies/14610.md) (partner)

## Sources

- [sentv.co.kr](https://www.sentv.co.kr/article/view/sentv202608270209), 2026-08-27: "투자가 완료되면 100여 명의 신규 일자리가 창출돼 지역경제 활성화에 기여할 것으로 보인다."
- [hidomin.com](https://www.hidomin.com/news/articleView.html?idxno=718835), 2026-08-27: "생산시설에서는 친환경 터보기계와 원전·SMR 분야 핵심 기자재가 생산될 예정이다."
- [dkitnews.com](http://www.dkitnews.com/501197), 2026-08-27: "영일만4산단에 친환경 터보기계 및 SMR 핵심 기자재 생산공장 신설"
- [kpinews.kr](https://www.kpinews.kr/newsView/1065596939352876), 2026-08-27: "현대중공업터보기계㈜가 경북 포항 영일만4산단에 생산공장을 신설하기 위해 1000억 원 규모의 사업비를 투자한다."
- [en.nocutnews.co.kr](https://en.nocutnews.co.kr/news/6569377), 2026-08-27: "Hyundai Heavy Industries Turbomachinery Co. will invest about 100 billion won by 2029 to build production facilities for eco-friendly turbomachinery and core equipment for small modular reactors (SMRs) on a 101,128㎡ site."
- [ajunews.com](https://www.ajunews.com/view/20260828035121084), 2026-08-27: "투자가 완료되면 100여 명의 신규 일자리가 창출돼 지역 경제 활성화에도 기여할 것으로 기대된다."

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