Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, March 17 2023 - 02:00
Hyosung Chairman Cho Hyun-joon to achieve competitiveness in the US power market
SEOUL, South Korea, March 16, 2023 /PRNewswire-AsiaNet/ --

Hyosung Chairman Cho Hyun-joon has set about acquiring human resources to 
enhance competitiveness in the US power market, the largest market in the 
world. The company founded a corporation for manufacturing in the US for local 
production and is now hiring new employees actively.

Hyosung HICO, Hyosung Heavy Industries' US subsidiary, is actively hiring 
employees as it plans to expand its production capacity for transformers.

Hyosung Heavy Industries once acquired a transformer production line in the US. 
In 2019, the company took over an extra-high voltage transformer factory in 
Memphis, Tennessee from Mitsubishi, Japan and is now producing core-type 
extra-high voltage transformers in full swing.

In 2021, Chairman Cho visited the extra-high voltage transformer factory 
located in Tennessee to encourage employees to penetrate the US market.

Hyosung Heavy Industries is expanding its business territory taking equipment 
orders from power markets across the world, including Africa, Middle East, 
Europe and Australia. 

SOURCE  Hyosung Corporation