Governor Glenn Youngkin today announced that Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, will invest $37 million to expand its operation in Halifax County. 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, which will create 165 new jobs.
“Hitachi Energy’s ambitious expansion in Halifax County represents a strong commitment and tremendous vote of confidence in the Commonwealth of Virginia as a great place to do business,” said Governor Glenn Youngkin. “Hitachi Energy has been an important, long-standing employer in Southern Virginia for nearly 50 years, and we are thrilled the company will create additional good-paying jobs in the community.”
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. The company serves customers in the utility, industry, and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, Hitachi Energy pioneers technologies and enables the digital transformation required to accelerate the energy transition toward a carbon-neutral future. Hitachi Energy is advancing the world’s energy system to become more sustainable, flexible, and secure while balancing social, environmental, and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. With global headquarters in Switzerland, the company employs around 38,000 people in 90 countries and generates business volumes of approximately $10 billion USD.
The company’s North American headquarters is located in Raleigh, North Carolina and has more than 4,600 employees in both manufacturing and office locations throughout the region. The company employs more than 720 workers in Virginia, with approximately 370 at the South Boston facility in Halifax County.
The Virginia Economic Development Partnership worked with Halifax County and the Halifax County Industrial Development Authority to secure the project for Virginia. Governor Youngkin approved a $511,500 grant from the Commonwealth’s Opportunity Fund to assist Halifax County with the project. 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.