# KOC Electric completes ultra-high voltage transformer plant expansion in Ulsan

LS Electric's affiliate KOC Electric completed the expansion of its ultra-high voltage transformer production plant in Ulsan, South Korea. The 29.6 billion KRW investment tripled annual production capacity to 100 billion KRW.

- Type: Expansion
- Announced: 2024-12-10
- Where: Ulsan, South Korea, South Korea
- Value: $21.0M (29.6B KRW)
- Starts operating: 10 Dec 2024
- Status: completed
- Capacity: 100 billion KRW annually
- Products: ultra-high voltage transformers, 154 kV transformers, 230 kV transformers, 345 kV transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LS Electric](https://endata.com/companies/15629.md)
- [KOC Electric](https://endata.com/companies/77632.md)
- [LS Electric](https://endata.com/companies/15629.md) (investor)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2024121008405949672), 2024-12-09: "KOC Electric recently completed the expansion of its ultra-high voltage transformer production plant at its Ulsan factory."
- [tdworld.com](https://www.tdworld.com/distributed-energy-resources/news/55252973/koc-electric-to-triple-ultra-high-voltage-transformer-production-capacity-at-ulsan-plant), 2025-01-06: "KOC Electric has successfully completed its expansion, allowing us to jointly address domestic and international ultra-high-voltage market demands and create synergies."

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