Japan’s Hitachi to Invest $1 Billion to Boost US Power Grid Manufacturing

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Japan’s Hitachi to Invest $1 Billion to Boost US Power Grid Manufacturing

A Hitachi logo at an exhibition in Tokyo on Oct. 29, 2013. Yoshikazu Tsuno/AFP via Getty Images

Hitachi Energy announced on Sept. 4 that it would invest $1 billion to expand its U.S. manufacturing capabilities to better meet growing energy demand from the country’s burgeoning data center industry.

Tokyo-based Hitachi said it will invest $457 million to build a state-of-the-art, large power transformer manufacturing facility in South Boston, Virginia, as well as expand production capabilities at existing facilities throughout the eastern United States.

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