From Citrini Research:
The marginal supplier of large power transformers to the US grid is Korean. Hyosung Heavy Industries’ (298040 KS) Memphis plant is the only US facility capable of producing 765 kV ultra-high voltage transformers. HD Hyundai Electric (267260 KS) is expanding its Montgomery, AL production capacity with a new plant, bringing its total capacity to 150 units per year by 2027. LS Electric (010120 KS) just opened in Bastrop, TX. Iljin Electric (103590 KS), the smallest of the four, has recently broken into Western markets with its first European ultra-high-voltage transformer contract and a record $333M order from a US energy company.
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