South Korean manufacturer plans $50M Memphis expansion
Greg Carrico with the Pickering Firm submitted a site-plan review with the Memphis and Shelby County Division of Planning and Development on Wednesday, Sept. 3, on behalf of Hico Hyosung. (Sophia Surrett/The Daily Memphian file)
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.
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Hyosung HICO advanced manufacturing power transformersSophia Surrett
Sophia Surrett is a University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers small business, nonprofits, restaurant real estate, hospitality and tourism, manufacturing, and transportation and logistics.
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