Hitachi Energy to invest $528 million in new transformer factory in Mississippi
The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. Picture taken September 10, 2020. REUTERS/Arnd Wiegmann
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
TOKYO, Sept 16 : Hitachi Energy said on Wednesday it plans to invest $528 million to build a new transformer manufacturing facility in Gallman, Mississippi, creating over 700 jobs.
The new factory will be Hitachi Energy’s largest single U.S. investment and it will more than double the company’s transformer production capacity.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
