Hyosung Heavy Industries forms US joint venture to make high-voltage circuit breakers
Hyosung Heavy Industries is expanding its U.S. manufacturing footprint through a new joint venture to produce high-voltage circuit breakers in Pennsylvania. The company said June 16 that its subsidiary, Hyosung HICO, signed an agreement with a subsidiary of Quanta Services to establish Hyosung Hico Breaker, a joint venture for gas circuit breakers. The joint venture, incorporated in July, will…
Hyosung Heavy Industries and Quanta Services are teaming up to manufacture high-voltage circuit breakers in Pennsylvania. The partnership involves Hyosung HICO, a subsidiary of Hyosung Heavy Industries, and a Quanta Services subsidiary, forming a joint venture named Hyosung Hico Breaker. This new venture will start producing circuit breakers with voltage ratings between 72.5 kilovolts and 800 kilovolts from October onwards.
The manufacturing will take place at Quanta Services' existing facility in Canonsburg, Pennsylvania. Quanta Services is a leading U.S. firm specializing in engineering, procurement, and construction services for power and energy infrastructure, working with various customers including utilities, power generation, data centers, and telecommunications providers.
This collaboration allows Hyosung to leverage Quanta Services' infrastructure expertise as it strengthens its presence in the U.S. power market, drawing on Hyosung's extensive 50 years of experience in high-voltage power equipment.
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