LS Electric to expand ultra-high voltage transformer plant in Busan

LS Electric plans to invest an additional 20.5 billion won ($15 million) to expand its ultra-high voltage transformer plant in Busan, South Korea, bringing total investment to 100.8 billion won. The expansion is scheduled for completion by September 2025, with annual capacity expected to grow from 200 billion won to 700 billion won by 2027.

“LS Electric plans to invest an additional 20.5 billion won ($15 million) to expand its plant for ultra-high voltage transformers in Busan.”ajupress.com

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• ajupress.comLS Electric to expand ultra-high voltage transformer plant | Aju PressKim Joo-heonAug 14, 2024

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