Memphis in May names honored country for 2026
The Greater Memphis Chamber and Memphis in May announced the honored country for next year to more than a thousand people at the Chamber’s annual Chairman’s Luncheon.
There are 6 article(s) tagged Hyosung HICO:
The Greater Memphis Chamber and Memphis in May announced the honored country for next year to more than a thousand people at the Chamber’s annual Chairman’s Luncheon.
The $157 million expansion includes a new facility at its Memphis campus at 1865 Riverport Road.
Hyosung Hico announced the multiyear expansion that would double the manufacturer’s capacity to produce a variety of power transformers and add more than 100 net new employees.
Transformers are used to run power plants and data centers, like the xAI supercomputer in Memphis, and the demand for these facilities is increasing in the U.S.
The expansion will double the manufacturer’s capacity to produce a variety of power transformers and add more than 100 local hires to its 400 employees.
The company plans to nearly double its annual transformer output in the U.S. to over 250 units in two years, according to The Korea Economic Daily.
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