Governor Lee, Commissioner Rolfe Announce Hyosung Heavy Industries to Locate First US Production Facility in Memphis
Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Hyosung Heavy Industries (HICO) officials announced today that the company will locate its first U.S. production operations in Memphis. HICO will invest $86.9 million and create 410 jobs in Shelby County over the next seven years.