Hitachi Energy will build a new transformer plant in Mississippi, US. As part of a government agreement, it will invest approximately ¥82 billion in total and is expected to create more than 700 jobs. The new plant will be approximately twice the size of the existing local plant, with production capacity also expected to more than double.
Hitachi Energy announced that it will build a new transformer plant in Mississippi, US. As part of a government agreement, the total investment will be approximately $528 million (about ¥82 billion).
The new plant will be approximately twice the size of the existing plant in the state, and production capacity will be increased to more than double its current level. The project will be the company's largest investment to date and is also expected to create more than 700 jobs.
Construction will begin in the second half of this year, with production scheduled to start in 2029. Once the new plant is completed, production will change from the existing plant to the new plant, while the existing plant will be used as a warehouse and training facility.