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$155M Boost for Hitachi Energy in North America

24 Sep 2024
Hitachi Energy has announced an additional investment of over $155 million USD to boost its manufacturing capacity across North America. This investment includes a $70 million USD investment in a new distribution transformer factory in Reynosa, Mexico, along with $25 million USD for the expansion of its South Boston, Virginia transformer factory, and $60 million USD for the high-voltage switchgear and breakers facility in Mount Pleasant, Pennsylvania.

 

This significant investment, revealed during Climate Week NYC, comes in response to a surge in global demand for electrical equipment, particularly in North America. The expanded manufacturing capabilities are expected to create hundreds of new jobs, with Reynosa's new factory alone projected to add 350 positions. The factory in South Boston will also contribute to the region's growth, with 100 new jobs anticipated.

The expansion of the Mount Pleasant facility is aimed at doubling its capacity for high-voltage switchgear and breakers production. Notably, the Pennsylvania site will support the production of EconiQ™, Hitachi Energy's eco-efficient switchgear, which eliminates the use of harmful SF6 gas.

With this new investment, Hitachi Energy reinforces its commitment to meeting the growing demand for transformers and high-voltage equipment while continuing to lead the industry in eco-efficient solutions.

 

Source: hitachienergy.com

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