South Korean manufacturer announces $50M expansion at former Mitsubishi plant
An expansion at Hyosung Hico’s South Memphis facility will double the manufacturer’s capacity to produce a variety of power transformers and add more than 100 local hires to its 400 employees. (Sophia Surrett/The Daily Memphian)
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.
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Hyosung Heavy Industries Hyosung HICO Mitsubishi Electric Power ProductsSophia Surrett
Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers commercial real estate, economic development, residential real estate, restaurant real estate, and hospitality and tourism.
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