# Hyundai Power Transformers announces $33 million expansion in Montgomery, Alabama

Hyundai Power Transformers (HPT) will begin a $33 million expansion of its Montgomery, Alabama facility in July 2018, expected to create 86 jobs and increase power transformer production by over 60%.

- Type: Expansion
- Announced: 2018-04-17
- Where: Montgomery, Alabama, United States
- Value: $33.0M
- Jobs: 86
- Starts operating: Dec 2019
- Status: announced
- Capacity: increase production by over 60%
- Products: power transformers, high voltage circuit breakers, rotary machines, power distributors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyundai Power Transformers](https://endata.com/companies/31395.md)

## Sources

- [al.com](https://www.al.com/business/2018/04/hyundai_power_transformers_ann.html), 2018-04-17: "Hyundai Power Transformers will begin a $33 million expansion of its Montgomery facility this July, which is expected to create 86 jobs."

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