HD Hyundai Electric starts new transformer plant in Ulsan, plans further expansion

HD Hyundai Electric began full operation of a new transformer plant in Ulsan, South Korea, adding annual capacity for 40-50 transformers. The company also announced a KRW 198 billion investment for a second-phase expansion of its Cheongju distribution equipment campus.

“HD현대일렉트릭은 이달부터 울산 변압기 신공장을 본격 가동할 예정이다.”etoday.co.kr

• 1 source
• etoday.co.krK-전력기기, 증설 끝나도 또 증설…2028년까지 캐파 확대 가속 - 이투데이Nov 4, 2026

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