• More than 40 percent of the total investment dedicated to the U.S. underpins commitment to scale up the industry to meet surging transformer demand
• The U.S. investment includes hiring more than 100 people to expand domestic key component manufacturing to strengthen local supply chain
• Builds on the $6 billion USD investment announced in 2024 – the largest in the industry in recent years to respond to the urgent need to upgrade power grids

Dubai, UAE, March 12, 2025 – Hitachi Energy announced today at CERAWeek additional major investments of more than $250 million USD by 2027 to expand global production of critical components for transformers. This rapid follow-up to the recently announced $6 billion USD investment across the company portfolio reflects the escalating transformer shortage, which continues to increase.

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• $60 million USD for the expansion of the high-voltage switchgear and breakers factory in Mount Pleasant, Pennsylvania
• $25 million USD expansion in the distribution, power, and traction transformer factory in South Boston, Virginia, and $70 million USD distribution transformer factory in Mexico
• Capacity expansion and upgrades to help meet growing demand, creating hundreds of skilled jobs

Hitachi Energy distribution transformer factory in Reynosa, Mexico

Dubai, UAE, Oct. 07, 2024 – At Climate Week NYC, Hitachi Energy announced plans to invest an additional $155 million USD to expand its manufacturing capacity in North America. This includes the construction of a new distribution transformer factory in Reynosa, Mexico, and expansions to its transformer factory in South Boston, Virginia, and its high-voltage switchgear and breakers factory in Mount Pleasant, Pennsylvania.