Elpowertec expands transformer plant in Hwaseong, South Korea

Elpowertec invested about KRW 20 billion to expand its second factory in Hwaseong, Gyeonggi Province, to produce transformers for export to the US. The new facility has a capacity of about KRW 70 billion and is expected to start operations in July 2023.

“새로운 시너지 창출을 위해 최근 제2공장을 마련했다. 이미 건물 매입은 완료됐고, 예상 케파는 700억원 정도로 기대된다”electimes.com

• 1 source
• electimes.com엘파워텍, 북미 변압기 시장 주도권 확보 위해 통 큰 결정 < 기업∙CEO < 전기경제 < 기사본문 - 전기신문강수진 기자Feb 9, 2023

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