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Hyosung HEICO to invest $51 million in Memphis expansion, add 23 jobs
3344178 · May 15, 2025
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Summary
A speaker at a Memphis announcement said Hyosung HEICO will invest $51 million to expand local transformer production and add 23 jobs, a move the speaker tied to rising demand for power transmission; the mayor was present.
Hyosung HEICO will invest $51 million to expand its Memphis operations and add 23 jobs, a staff member said at a public announcement in Memphis.
The staff member said the expansion will allow the company to become “the largest domestic producer of transformers, in…
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