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Hitachi Energy announced a historic investment of over $1 billion USD to expand production of critical electrical grid infrastructure in the U.S. This includes approximately $457 million for a new large power transformer facility in South Boston, Virginia, the largest such facility in the U.S., plus expansions of existing facilities. The investments will create thousands of jobs.
“If we are going to win the AI race, reindustrialize, and keep the lights on, America is going to need a lot more reliable energy.”hitachienergy.com
Summarized from public sources; check the original articles before acting on it.