Business
Hyosung Heavy Industries Secures Record Order as Hyun-Joon Cho's U.S. Strategy Pays Off
Under the strategic leadership of Hyosung Chairman Hyun-Joon Cho, Hyosung Heavy Industries has secured a record-breaking contract in the U.S. power market, marking the largest order in the company's history and underscoring its expanding role in U.S. grid modernization efforts.
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[{"type":"text","content":"SEOUL, South Korea, Feb. 12, 2026 /PRNewswire/ -- Under the strategic leadership of Hyosung Chairman Hyun-Joon Cho, Hyosung Heavy Industries has secured a record-breaking contract in the U.S. power market, marking the largest order in the company's history and underscoring its expanding role in U.S. grid modernization efforts.","length":337,"tagName":"p"},{"type":"image","alt":"Hyosung Heavy Industries’ 765kV ultra-high voltage transformers installed across the U.S. power transmission grid","displaySize":"","headline":null,"caption":"Hyosung Heavy Industries’ 765kV ultra-high voltage transformers installed across the U.S. power transmission grid","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":300,"url":"https://media.zenfs.com/en/prnewswire.com/514b2007493ef5db11c26bf0eb1c3147"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VwOsGBCK7M38gA3XAUqFbw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/514b2007493ef5db11c26bf0eb1c3147","width":400,"height":300}},"href":"https://mma.prnewswire.com/media/2902835/Photo__Hyosung_Heavy_Industries__765kV_ultra_high_voltage_transformers_installed_across_the_U_S__pow.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Hyosung Heavy Industries recently signed a supply contract worth approximately USD 530 million with a major U.S. transmission grid operator for power equipment, including 765kV ultra-high-voltage transformers and reactors. This contract represents the largest single order ever awarded to a Korean power equipment manufacturer in the U.S. market.","length":346,"tagName":"p"},{"type":"text","content":"In 2025, Hyosung Heavy Industries became the first Korean company to sign a "full-package" supply contract in the United States for power equipment, including 765kV ultra-high-voltage transformers and 800kV ultra-high-voltage GIS(Gas Insulated Switchgears); building on this achievement, the company has continued its streak of large-scale orders into the new year, further cementing its position in the U.S. 765kV segment. Beyond its role as an equipment manufacturer, Hyosung Heavy Industries is expected to play a leading role as a "Total Solution Provider" in the full-scale implementation of U.S. 765kV transmission grid construction projects.","len...