Verified Nov 2026
Batteries & E-Mobility
·
Pittsburgh, Pennsylvania
·
Since 1999
Hico America manufactures heavy electrical equipment and grid infrastructure products, including power transformers, STATCOM systems, gas-insulated switchgear, and battery energy storage. The company is headquartered in Pittsburgh, Pennsylvania, was founded in 1999, and employs between 200 and 500 people. It is a privately held subsidiary of South Korea's Hyosung Heavy Industries and serves automotive, electric vehicle, electronics, construction, and renewable energy industries. In 2026, a joint venture involving Hyosung HICO and HICO America was reported by Nelson Mullins, and the company holds ISO 9001 certification.
Hico America at a glance
Revenue
$10-50M
Est. band
Employees
200-500
Founded
1999
Headquarters
Pittsburgh, Pennsylvania
Certifications
ISO 9001
Import activity
1905
Industries
Automotive
Electric Vehicles
Electronics
Appliance
Construction
Renewable Energy
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
1905
Named foreign suppliers
29
Top origins
South Korea · China · Belgium · Spain
Shared foreign counterparties do not establish that these companies buy from Hico America.
What this tells a buyer
Hico America announced $208 million in new investments and more than 350 new jobs in 2025, according to a company post on LinkedIn.
The company is ISO 9001 certified and offers products in transmission and assembly, including power transformers and gas-insulated switchgear.
Hico America operates as a subsidiary of Hyosung Heavy Industries and has an estimated annual revenue of $10 million to $50 million.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Established & active
27 years in operation (founded 1999).
Holds ISO 9001 certification(s) per public sources.
Overview
Hico America manufactures heavy electrical equipment and grid infrastructure products, including power transformers, STATCOM systems, gas-insulated switchgear, and battery energy storage. The company is headquartered in Pittsburgh, Pennsylvania, was founded in 1999, and employs between 200 and 500 people. It is a privately held subsidiary of South Korea's Hyosung Heavy Industries and serves automotive, electric vehicle, electronics, construction, and renewable energy industries. In 2026, a joint venture involving Hyosung HICO and HICO America was reported by Nelson Mullins, and the company holds ISO 9001 certification.
At a glance
Attribute | Detail |
|---|---|
Founded | 1999 |
Headquarters | Pittsburgh, Pennsylvania |
Employees | 200-500 |
Revenue | $10-50M (estimated) |
Primary capability | Batteries & E-Mobility |
Certifications | ISO 9001 |
What Hico America makes
The company is ISO 9001 certified and offers products in transmission and assembly, including power transformers and gas-insulated switchgear.
Products and capabilities described on the company's own site include Transmission, Assembly (source: hicoamerica.com).
Certifications
Hico America is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
ISO 9001 — uandiproducts.com
Trade and customs footprint
Hico America announced $208 million in new investments and more than 350 new jobs in 2025, according to a company post on LinkedIn. US customs bill-of-lading records list 1905 inbound shipments across 29 foreign suppliers, with top origins including South Korea · China · Belgium · Spain.
Latest developments
2026-06-17 — Nelson Mullins - Nelson Mullins Team Represents Hyosung Heavy Industries, Hyosung HICO, and HICO America in U.S. Power Equipment Joint Venture (nelsonmullins.com)
2026-06-15 — A new chapter in American energy manufacturing begins today. | HICO America (linkedin.com)
2026-03-31 — Hyosung HICO, Southern College of Optometry in Memphis plan expansions (commercialappeal.com)
2026-02-10 — 효성 자회사 효성중공업, 미국 HICO와 765kV 변압기 공급 계약 체결 - 디지털투데이 (DigitalToday) (digitaltoday.co.kr)
2025-12-08 — Big news from our Memphis HQ. This year we announced $208M in new investments and over 350 new jobs, accelerating our path toward becoming America’s domestic supplier by 2027. | HICO America (linkedin.com)
2025-11-12 — Hyosung HICO, Ltd. Expands U.S. Manufacturing Headquarters for Second Time in Six Months (tn.gov)
Company details
Hico America operates as a subsidiary of Hyosung Heavy Industries and has an estimated annual revenue of $10 million to $50 million. Hico America was founded in 1999, has an estimated 200-500 employees, and is headquartered in Pittsburgh, Pennsylvania. On the LightSource stability read it is rated "Established & active": 27 years in operation (founded 1999). Holds ISO 9001 certification(s) per public sources.
Frequently asked questions
What does Hico America make?
Hico America manufactures heavy electrical equipment and grid infrastructure products, including power transformers, STATCOM systems, gas-insulated switchgear, and battery energy storage. The company is headquartered in Pittsburgh, Pennsylvania, was founded in 1999, and employs between 200 and 500 people. It is a privately held subsidiary of South Korea's Hyosung Heavy Industries and serves automotive, electric vehicle, electronics, construction, and renewable energy industries. In 2026, a joint venture involving Hyosung HICO and HICO America was reported by Nelson Mullins, and the company holds ISO 9001 certification.
Where is Hico America headquartered?
Hico America is headquartered in Pittsburgh, Pennsylvania (2 Penn Center Boulevard, Pittsburgh, Pennsylvania, 15205).
When was Hico America founded?
Hico America was founded in 1999.
How big is Hico America?
Hico America has an estimated 200-500 employees, with revenue in the $10-50M range (estimated).
What certifications does Hico America hold?
Hico America lists ISO 9001 on its website. Confirm the certified scope for the specific plant producing your part.
Does Hico America import from overseas suppliers?
US customs bill-of-lading records show 1905 inbound shipments for Hico America, with top origins including South Korea · China · Belgium · Spain.
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Last verified Nov 2026. Is this your company? Request a correction.
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