Hitachi Energy invests over $155 M in North America
Hitachi Energy has announced plans to invest $155 million to expand its manufacturing capacity in North America.
Hitachi Energy distribution transformer factory in Reynosa, Mexico (Image credit: Hitachi Energy)
USA/Mexico: Hitachi Energy has announced plans to invest $155 million to expand its manufacturing capacity in North America. This includes the construction of a distribution transformer factory in Reynosa, Mexico, expansions to its transformer factory in South Boston, Virginia, and its high-voltage switchgear and breakers factory in Mount Pleasant, Pennsylvania.
The company’s order backlog has more than tripled since 2020 with the US making a substantial contribution. It has added over 8000 employees between 2020-2023, over 1200 in the US. In North America, it has already announced over $150 million of investments, with future investment plans under consideration.
The investments in North America include $70 million in the construction of a distribution transformer factory in Reynosa, Mexico alongside an additional investment of over $25 million to expand its South Boston, Virginia, transformer factory. The Reynosa factory will address the need for single-phase, pad-mounted distribution transformers and could bring 350 jobs to the region. The investment in South Boston will help expand the production capacity for large distribution transformers and might contribute to the region’s economic growth and development, creating about 100 new jobs ranging from skilled manufacturing to administrative roles.
The company announced projects in April and July of 2024 in Canada of an overall CA$140 million investment to support the establishment of a new HVDC simulation center in Montreal, and upgrade and modernize its power transformer factory in Varennes, and other facilities in Montreal.
Hitachi Energy will also invest $60 million in its Mount Pleasant, Pennsylvania, facility. The aim is to double production capacity for high-voltage switchgear and breakers, including dead tank breakers, gas-insulated switchgear, and hybrid switchgear. Driven by the growing demand for high-voltage products, the investment could create 100 new jobs.
Source: Hitachi Energy
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