Hitachi announces 825 jobs, $457 million investment; Virginia to make key grid equipment
Summary by Richmond Times-Dispatch
2 Articles
2 Articles
Hitachi announces 825 jobs, $457 million investment; Virginia to make key grid equipment
A unit of Japanese industrial giant Hitachi plans to bring production of a key piece of high-voltage electric grids back to the United States with a $457 million investment to expand its plant in South Boston, creating 825 jobs
·Richmond, United States
Read Full ArticleHitachi Invests $1 Billion to Raise US Power Grid and Supports AI Growth
Hitachi Energy, a division of Hitachi Ltd., has just announced a $1 billion investment to increase production of critical electrical grid infrastructure in the United States. This marks one of the largest investments in the US electrical industry. A major part of this plan is a $457 million large power transformer facility in South Boston, Virginia, which will be built alongside Hitachi Energy’s existing campus. Once it is completed, it will bec…
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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100% Right
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