Hitachi Energy to Invest C$479 Million in Ontario Transformer Factory
Hitachi Energy plans to build a transformer insulation factory in London, Ontario, investing C$479 million.
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Hitachi Energy Plans C$479 Million Ontario Transformer Factory
Hitachi Energy plans to invest C$479 million ($337.7 million) to build a transformer insulation factory in London, Ontario. The facility would establish Canada's first electrical insulation pressboard and laminates manufacturing capability.
Hitachi Energy invests CAD 479 million in transformer insulation factory in Canada
Hitachi Energy, Hitachi’s wholly owned subsidiary, will invest CAD 479 million (over USD 330 million) in London, Ontario, transformer insulation manufacturing. The 21,000-square-meter factory is expected to be completed by 2028, creating over 100 permanent skilled jobs. Producing transformer insulation pressboard and l