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.
About this update from Hyosung Heavy Industries Corp.
[{"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...