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HET: plants, expansions, contracts and acquisitions · Endata

HET

South Korea ELECTRICAL EQUIPMENT

Likely buyer ofIndustrial Machinery Automation and Robotics Material Handling Steel and Metal Products Construction Materials HVAC and Industrial Refrigerationⓘ

Activity by year

1

2026

Expansion

Announcements · 1

Feb 19, 2026EXPANSIONUlsan, South Korea$10.8Mops 2026
HET to invest KRW 14.5B in transformer manufacturing expansion in Ulsan
HET signed an MOU with Ulsan City to invest 14.5 billion won in building a new intelligent factory for winding production for high-capacity transformers, relocating and expanding its plant within the Ulsan industrial complex. Completion is targeted by end of 2026.
HET #Electrical Equipment yna.co.kr

Sites · 1ⓘ

Site	Largest	Latest
Ulsan, South Korea	$10.8M	2026-02-19

Home market · South Koreaⓘ

Electrical Equipmentimports

Electrical Equipmentexports

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