Iljin Electric to invest KRW 68.2B in ultra-high voltage transformer plant expansion

Iljin Electric will invest 68.2 billion won to expand its ultra-high voltage transformer plant in Hongseong, South Korea, with completion expected by October 2024.

“Iljin Electric is investing 68.2 billion won to expand its ultra-high voltage transformer plant in Hongseong to accelerate growth in the global power transformer market.”asiatoday.co.kr

• 3 sources
• asiatoday.co.kr일진전기, 초고압변압기 공장 682억원 증설 추진 - 아시아투데이Sep 8, 2023
• yna.co.kr일진전기, 682억원 들여 초고압변압기 공장 증설…"수요 증가세" | 연합뉴스Sep 8, 2023
• getnews.co.kr일진전기, 초고압변압기 공장 증설에 682억원 투자박종준 기자Sep 8, 2023

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