# Hitachi Energy invests $330M to expand flagship factory in Ludvika and new campus in Västerås

Hitachi Energy is investing around $330 million to expand and modernize its flagship factory in Ludvika and build a new campus in Västerås, Sweden, across all product portfolios, adding 2,000 employees.

- Type: Expansion
- Announced: 2024-06-07
- Where: Ludvika and Västerås, Sweden, Sweden
- Value: $330.0M
- Jobs: 2,000
- Starts operating: 2027
- Status: announced
- Capacity: 30,000 square meters each
- Products: transformers, HVDC products, high-voltage products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

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

## Sources

- [hitachienergy.com](https://www.hitachienergy.com/us/en/news-and-events/press-releases/2024/06/hitachi-energy-to-invest-additional-4-5-billion-by-2027-to-accelerate-the-clean-energy-transition), 2024-06-07: "The company also announced today that it is investing around $330 million to expand and modernize its flagship factory in Ludvika and a new campus in Vasteras, Sweden, across all product portfolios."
- [hitachienergy.com](https://www.hitachienergy.com/news-and-events/press-releases/2024/06/hitachi-energy-to-invest-additional-4-5-billion-by-2027-to-accelerate-the-clean-energy-transition), 2024-06-07: "The company also announced today that it is investing around $330 million to expand and modernize its flagship factory in Ludvika and a new campus in Vasteras, Sweden, across all product portfolios."
- [svt.se](https://www.svt.se/nyheter/lokalt/dalarna/ny-miljardinvestering-pa-hitachi-stor-utbyggnad-av-ludvikafabriken), 2024-06-07: "Hitachi Energy gör en ny miljardinvestering och kommer bland annat att bygga ut fabriken i Ludvika med 30 000 kvadratmeter, enligt ett pressmeddelande från företaget."
- [branschaktuellt.se](https://branschaktuellt.se/byggindustrin/215864-kraftgigant-satsar-34-miljarder-i-sverige/), 2024-06-07: "El kommer att vara ryggraden i hela energisystemet och förändringen sker snabbare än många trodde var möjligt."

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