Overview

• Hitachi Energy will spend $457 million to build a large power transformer factory in South Boston, Virginia, with construction starting this year and operations targeted for 2028.
• The Virginia site is slated to be the largest U.S. producer of large power transformers, though the company says specific capacity figures are commercially sensitive.
• Additional U.S. investments include $106 million in Alamo, Tennessee, $22.5 million across Bland and Atkins, Virginia, and $70 million around Mount Pleasant, Pennsylvania, with more projects expected later this year.
• The expansion responds to prolonged transformer shortages, with expert estimates showing delivery times stretching up to three years as utilities push grid upgrades.
• Hitachi says it has a White House commitment to help expedite new manufacturing capacity, and Energy Secretary Chris Wright publicly endorsed the initiative as part of the administration's AI and energy reliability goals.