# Hitachi Energy to build new transformer factory in Vaasa, Finland

Hitachi Energy announced an investment of around $180 million in a new state-of-the-art transformer factory in the Vaasa region, Finland. The 30,000-square-meter campus will support clean technology development for renewables and industrial electrification.

- Type: New facility
- Announced: 2024-04-23
- Where: Vaasa region, Finland
- Value: $180.0M
- Jobs: 200
- Starts operating: 2027
- Status: announced
- Capacity: double transformer production capacity
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi Energy](https://endata.com/companies/15140.md)

## Sources

- [hitachienergy.com](https://www.hitachienergy.com/news-and-events/press-releases/2024/04/hitachi-energy-to-invest-additional-1-5-billion-to-ramp-up-global-transformer-production-by-2027), 2024-04-23: "Today, the company is also announcing an investment of around $180 million in a new state-of-the-art transformer factory in the Vaasa region, Finland."
- [hitachienergy.com](https://www.hitachienergy.com/us/en/news-and-events/press-releases/2024/04/fi-hitachi-energy-investoi-noin-180-miljoonaa-dollaria-uuteen-tuotanto-ja-teknologiakampukseen-mustasaaren-vikbyhyn-tukemaan-energiasiirtymaa), 2024-04-23: "Investointi on merkittävä virstanpylväs ja suora vastaus vauhdilla kasvavan markkinan ja asiakkaidemme tarpeisiin."
- [hitachienergy.com](https://www.hitachienergy.com/news-and-events/press-releases/2024/04/fi-hitachi-energy-investoi-noin-180-miljoonaa-dollaria-uuteen-tuotanto-ja-teknologiakampukseen-mustasaaren-vikbyhyn-tukemaan-energiasiirtymaa), 2024-04-23: "Investointi on merkittävä virstanpylväs ja suora vastaus vauhdilla kasvavan markkinan ja asiakkaidemme tarpeisiin."
- [eenewseurope.com](https://www.eenewseurope.com/en/180m-for-transformer-factory-in-finland/), 2024-05-02: "The demand for transformers and electrical equipment has grown at an unprecedented scale, and we are investing to address our customers’ mid- and long-term needs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.