| Company/Division name | Hyosung HICO, Ltd. |
| Parent company | Hyosung Heavy Industries |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 240 |
| Year reshoring announced: | 2025 |
| Domestically, the work will be done: | In-house |
| Capital investment ($): | 157 |
| Country(ies) from which reshored: | Korea, South |
| City reshored to: | Memphis |
| State(s) reshored to: | TN |
| If relevant, work nearshored to: | - |
| Industry(ies): | Electrical Equipment, Appliances & Components |
| Product(s) reshored | transformers |
| What domestic positive factors made reshoring more attractive? | Skilled workforce availability/training |
