{
  "id": 16860345,
  "title": "Power equipment makers race to expand US capacity amid AI boom",
  "url": "https://urgent.news/2026/10/28/power-equipment-makers-race-to-expand-us-capacity-amid-ai-boom",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-28T06:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/tech-science/20261028/power-equipment-makers-race-to-expand-us-capacity-amid-ai-boom"
  },
  "original_language": "en",
  "account": "Power equipment manufacturers are rapidly expanding U.S. production and obtaining significant supply contracts as the artificial intelligence (AI) data center surge fuels demand for a wide range of equipment, from high-voltage transformers to distribution gear. This intensifying competition among suppliers for major contracts has prompted companies like HD Hyundai Electric, LS Electric, and Hyosung Heavy Industries to boost their investments in domestic manufacturing to meet the increasing demand from U.S. tech firms constructing AI data centers.\n\nHD Hyundai Electric recently announced plans to build a second plant in Alabama, set for completion in April. This expansion is projected to increase the company's extra-high-voltage transformer production capacity by approximately 50 percent and allow it to manufacture transformers rated up to 765 kilovolts. In July, the company secured a substantial supply contract worth 1.12 trillion won ($836.8 million) with a global technology firm. The contract includes 567.3 billion won ($423.7 million) in payments for power equipment and 553.9 billion won ($391.1 million) for distribution equipment, all intended for data center construction. HD Hyundai Electric reported a revenue of 1.18 trillion won and an operating profit of 284.5 billion won in the third quarter of the year.",
  "summary": "Power equipment makers are expanding U.S. production and securing major supply contracts as the artificial intelligence (AI) data center boom drives demand for equipment ranging from high-voltage transformers to distribution gear, intensifying competition among suppliers for major contracts. HD Hyundai Electric, LS Electric and Hyosung Heavy Industries are stepping up investments in local…",
  "key_points": [
    "Power equipment makers expanding U.S. capacity amid AI boom",
    "HD Hyundai Electric building second plant in Alabama by April",
    "1.12 trillion won contract for data center construction equipment"
  ],
  "editors_take": "The rapid expansion of domestic manufacturing capacity signals a strategic shift by equipment suppliers to secure long-term dominance within the booming infrastructure market driven by artificial intelligence data centers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}