TMC Secures First USD 22 Million Contract After Earning UL Certification in the U.S.

TMC has secured its first large-scale supply contract following the acquisition of UL 1072 certification, a key requirement for entering the North American market.

According to TMC on August 7, after receiving UL 1072 certification for its MV-90 and MV-105 medium-voltage (MV) power cable products for the North American market, the company signed a contract to supply MV-105 power cables for the U.S. market with KBI Cosmolink, a global power infrastructure wire company.

The value of this contract is USD 15.4 million (approximately KRW 22 billion), and the products are scheduled for sequential delivery until May 2027. UL 1072 is a representative safety and quality certification required in the North American medium-voltage power cable market. It is considered one of the core certifications for entering the supply chain of American power utilities, EPCs, and global power infrastructure companies.

TMC operates a production plant in Texas, establishing a local production and supply system. By leveraging its local manufacturing base, TMC aims to strengthen its competitiveness in delivery lead times and responsiveness to customers, while expanding customer approvals and vendor registrations in North America to actively pursue additional orders. The company also plans to continuously expand its certified product lineup and enhance its business activities targeting North American power utilities and distributors, fostering its power cable business as a future growth driver.

This contract is significant as it marks the first commercial supply deal following the acquisition of key certification for entering the North American market. The company is currently working on securing additional customer approvals and vendor registrations, and expects to expand its supply presence and win further contracts in the North American power infrastructure market based on these efforts.

A TMC representative stated, "By signing our first supply contract after obtaining UL 1072 certification, we have proven our product competitiveness and quality reliability in the North American market," adding, "As investments in AI data centers increase and power infrastructure is upgraded, the North American medium-voltage cable market is expected to grow. Based on our production base in Texas, we will continue to expand our customer base and actively pursue additional orders."

This content was produced with the assistance of AI translation services.