# Hyundai Electric to invest US$30 million to expand Alabama transformer plant

Hyundai Electric & Energy Systems Co. will invest US$30 million to expand its power transformer plant in Alabama, USA, increasing annual production capacity from 80 to 130 units. The expansion is expected to be completed by the end of 2018.

- Type: Expansion
- Announced: 2018-03-20
- Where: Alabama, United States
- Value: $30.0M
- Starts operating: 2018
- Status: announced
- Capacity: 130 power transformers per year (from 80)
- Products: power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyundai Electric & Energy Systems](https://endata.com/companies/27685.md)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20180320010400320), 2018-03-20: "The expansion of the Alabama plant will be completed by the end of this year and will increase the annual production capacity of power transformers from 80 to 130."

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