en.Wedoany.com Reported - Hyosung Heavy Industries will directly produce ultra-high voltage circuit breakers in the United States. The company announced on June 14 that its subsidiary, Hyosung HICO, will form a joint venture with a subsidiary of U.S. energy infrastructure company Quanta Services to manufacture gas circuit breakers (GCBs).

The joint venture will operate under the name "HYOSUNG HICO BREAKER, LLC." After completing company registration in July, it plans to commence production in October at a facility in Canonsburg, Pennsylvania, manufacturing ultra-high voltage circuit breakers ranging from 72.5 kV to 800 kV.

Hyosung Heavy Industries will become the first Korean power equipment company to have both transformer and circuit breaker production capabilities in the United States. The joint venture partner, Quanta Services, is the largest engineering, procurement, and construction (EPC) company in the U.S. power and energy infrastructure sector, covering utilities, data centers, and telecommunications, with an extensive customer network.

The joint venture is based on a final agreement reached in March between Hyosung Group Chairman Cho Hyun-joon and Quanta Services management. Hyosung Heavy Industries is expanding its presence in the U.S. power market by adding local circuit breaker production to its existing ultra-high voltage transformer plant in Memphis, Tennessee. The company has invested a cumulative $300 million in that facility.

Cho Hyun-joon stated that the company aims to establish itself as a total solutions provider in the U.S. power market by leveraging the localization experience accumulated at the Memphis plant and the synergies from the joint venture.

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