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Hitachi Energy to invest $528 million in new transformer factory in Mississippi

By Thomson Reuters Sep 15, 2026 | 11:27 AM

By Laila Kearney and Kaori Kaneko

NEW YORK/TOKYO, Sept 16 (Reuters) – Hitachi Energy plans to build a $528 million factory in Mississippi to produce electrical transformers, marking the single-biggest investment ​the company has made as part of its U.S. ‌manufacturing expansion, the company said on Tuesday.

(Reporting by Laila Kearney in New York and Kaori Kaneko in Tokyo; additional reporting by Georgina McCartney in Houston; Editing by Kirsten ​Donovan, Alexandra Hudson)