South Korean manufacturer plans $50M Memphis expansion
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.
There are 4 article(s) tagged advanced manufacturing:
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.
The initiative includes a focus on recruiting and supporting Black, Indigenous and other students of color, women and other underrepresented individuals as engineering program candidates.
The chief economic development officer of the Greater Memphis Chamber said on “Behind The Headlines” that companies are seeking out the city’s diversity when looking to expand or relocate.
In 2022, more than 1,000 advanced manufacturing companies were operating within the Memphis region with a combined workforce of 43,356 persons.
About 4 results