Hyosung Heavy Industries opens transformer factory in Memphis, Tennessee

Hyosung Heavy Industries (HICO) opened a new power transformer plant in Memphis, Tennessee. The company planned to invest $86.9 million and create 410 jobs in Shelby County over seven years.

“This is a GREAT day for HICO, the utility industry in North America, the city of Memphis and the state of Tennessee.”powertransformernews.com

• 1 source
• powertransformernews.comHICO opens Memphis transformer factory - Power Transformer NewsPatrick HaddadFeb 24, 2020

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