Memphis, Tennessee — According to state and local development sources, Hyosung HICO plans to invest $51,000,000.00 to build out 18,000 square feet of new space in Memphis. The company plans to occupy the new space at 2865 Riverport Rd in Memphis, on or about June 1, 2026. According to the company website HICO America delivers the infrastructure behind todays most ambitious energy projects serving utilities, developers, and data centers across North America. From extra-high voltage transformers to STATCOM, GIS, and HVDC systems, our engineered solutions are designed to grow with your grid. Backed by Hyosung Heavy Industries and powered by U.S.-based manufacturing and service centers in Pittsburgh, Memphis, Los Angeles, and Greensburg, we deliver on performance, scale, and speed. Whether you’re building new capacity or upgrading for resiliency Your Grid. Your Growth. Our Solutions.

To learn more about Hyosung HICO, visit http://www.hicoamerica.com/

Company Contact:
Jason Neal, President
412-787-1170

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