# Hitachi Energy invests over $100M in power transformer factory upgrade in Quebec

Hitachi Energy announced over $100 million in modernization and upgrade of its power transformer factory in Varennes and facilities in Montreal, Quebec, including a new testing facility and engineering center, creating around 70 jobs.

- Type: Expansion
- Announced: 2024-04-29
- Where: Varennes and Montreal, Quebec, Canada
- Value: $100.0M
- Jobs: 70
- Starts operating: 2027
- Status: announced
- Capacity: 130,000 square foot testing facility
- Products: power transformers, HVDC transformers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi Energy](https://endata.com/companies/15140.md)
- [Investissement Québec](https://endata.com/companies/1515.md) (investor)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2024/04/0515a/), 2024-04-29: "Globally, demand for transformers and electrical equipment continues to grow at an unprecedented scale."

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