# HD Hyundai Electric breaks ground on third circuit breaker factory in Cheongju

HD Hyundai Electric broke ground on a new factory for low and medium-voltage circuit breakers in Cheongju, South Korea, with an investment of 120 billion won ($89 million). The smart factory is scheduled for completion by October 2025 and will have an annual capacity of 6.5 million circuit breakers by 2030.

- Type: New facility
- Announced: 2024-09-03
- Where: Central Valley General Industrial Complex, Cheongju, North Chungcheong Province, South Korea, South Korea
- Value: $89.0M (120.0B KRW)
- Starts operating: Oct 2025
- Status: under construction
- Capacity: 6.5 million circuit breakers per year
- Products: low and medium-voltage circuit breakers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [HD Hyundai Electric](https://endata.com/companies/15628.md)

## Sources

- [kedglobal.com](https://www.kedglobal.com/electronics/newsView/ked202409030007), 2024-09-03: "On Tuesday, it broke ground on the factory in Central Valley General Industrial Complex in Cheongju, North Chungcheong Province."

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