Korea Power Firm Accelerates US Expansion on AI Boom

🔑 Enhanced Key Takeaways

• •Secured a KRW 98.6 billion contract in January 2026 to supply 765kV extra-high-voltage transformers to a major US power company, with delivery through 2028[1][2][4].
• •Set 2026 order target at USD 4.222 billion (6.1 trillion KRW) and sales target at 4.35 trillion KRW, up 10.5% and 11.8% from prior year[1][2][4].
• •Expanding Alabama plant from 110 to 150 ultra-high voltage transformers annually by 2026, with Ulsan plant targeting 360 units; further Alabama expansion planned by 2027[4].
• •Obtained UL and cUL certifications in October 2025 for four low- and medium-voltage circuit breakers to enter North American distribution market[3].
• •Plans to double low- and medium-voltage circuit breaker production to 13 million units annually via new Cheongju smart factory by end of 2025[3].

🛠️ Technical Deep Dive

• •Specializes in 765kV extra-high-voltage transformers, with limited global competition due to complex manufacturing and hundreds-ton unit logistics[2][4].
• •Alabama plant produces 110 UHV transformers per year, expanding to 150 by 2026; Ulsan facility to reach 360 units[4].
• •Secured UL/cUL certifications for four models of low- and medium-voltage circuit breakers targeting North American market[3].

🔮 Future ImplicationsAI analysis grounded in cited sources

⏳ Timeline