| Company/Division name | HICO America |
| Parent company | Hyosung Heavy Industries (HICO) |
| Type of work | Manufacturing |
| If manufacturing, is the company a contract manufacturer? | Yes |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 400 |
| Year reshoring announced: | 2019 |
| Capital investment ($): | 86 |
| Country(ies) from which reshored: | Korea, Republic of |
| City reshored to: | Memphis |
| State(s) reshored to: | TN |
| If relevant, work nearshored to: | - |
| Industry(ies): | Electrical Equipment, Appliances & Components |
| Product(s) reshored | transformers and AC transmission systems |
| What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Lead time/Time to market, Proximity to customers/market, Under-utilized capacity |
