Swiss-Based Hitachi Energy Plans Halifax County, Virginia, Operations
The company will add 26,000-square-feet to its facility for a new production line for the manufacture of larger transformers specifically to support the utility and renewable energy markets. Hitachi Energy employs more than 720 workers in Virginia, with approximately 370 at the South Boston facility in Halifax County.
“Hitachi Energy welcomes the support of the Commonwealth of Virginia and Halifax County for the expansion of our facility in South Boston,” said Steve McKinney, Senior Vice President and Head of Hitachi Energy’s Transformer Business in North America. “This expansion will help us address the growing demand for transformers from customers including utilities, renewable energy developers, and more. Southern Virginia has been and continues to be a great place for us to do business.”
The Virginia Economic Development Partnership (VEDP) worked with Halifax County and the Halifax County Industrial Development Authority to secure the project for Virginia. Governor Glenn Youngkin approved a $511,500 grant from the Commonwealth’s Opportunity Fund to assist Halifax County with the project.
“Hitachi Energy’s decision to reinvest in its Halifax County facility is a testament to Southern Virginia’s skilled manufacturing workforce and integrated transportation network that allows the company to extend its market reach,” noted Secretary of Commerce and Trade Caren Merrick. “We look forward to a continued partnership with this expansion, which further secures the future longevity of Hitachi Energy in the Commonwealth.”
The Virginia Tobacco Region Revitalization Commission also approved a grant for $220,000 from the Tobacco Region Opportunity Fund for the project. The company is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program, as well as state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support Hitachi Energy’s employee training activities will be provided through the Virginia Jobs Investment Program.
“We are pleased to see global manufacturers like Hitachi Energy expanding their footprint in Southern Virginia,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “As The Port of Virginia moves forward on its goal of becoming carbon-neutral [by 2040], we look forward to providing a supply chain solution for a company that will deliver a sustainable energy future for all. When we work with like-minded businesses, like Hitachi, we see opportunities to grow and learn.”
Based in Zürich, Switzerland Hitachi Energy serves customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. The company’s North American headquarters is located in Raleigh, North Carolina.
2023's Leading Metro Locations: Hotspots of Economic Growth
The Logistics Analysis That Drives Industrial Site Selection
2023 Top States for Doing Business Meet the Needs of Site Selectors
Technology’s Influence on Workforce Development
Workforce Q4 2023
AI 101 for Site Selection
First Person: Realizing the Inflation Reduction Act’s Full Potential
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects