| Company/Division name | Hyundai Power Transformers USA |
| Parent company | Hyundai Motor Group |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 50 |
| Year reshoring announced: | 2024 |
| Capital investment ($): | 14 |
| Country(ies) from which reshored: | Korea, South |
| City reshored to: | Montgomery |
| State(s) reshored to: | AL |
| If relevant, work nearshored to: | - |
| Industry(ies): | Transportation Equipment |
| Product(s) reshored | power transformers |
| What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market |
