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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.
| Site | Largest | Latest |
|---|---|---|
| Hwaseong, South Korea | $16.0M | 2023-02-09 |