HD Hyundai Electric Expands U.S. Production Subsidiary, Solidifies Leadership in North American Extra High Voltage Power Transformer Market

2026-03-08 - 00:37

Holds groundbreaking ceremony for second U.S. plant; completion scheduled for April next year Expands production capacity by 50% and adds 765-kilovolt-class manufacturing capability; annual revenue expected to increase by 200 billion won Continues long-term U.S. investment following establishment of first local production subsidiary by a Korean power equipment company in 2011 Expansion of extra high