LS Electric aims to expand its ultra-high-voltage transformer production capacity from KRW 800 billion to over KRW 1 trillion annually by 2028, following completion of a second production building in Busan last year. Subsidiary LS Power Solutions also plans to increase capacity to KRW 300 billion annually by 2028.

Hyosung Heavy Industries plans to invest approximately $157 million to expand production lines at its Memphis, Tennessee ultra-high-voltage transformer plant by 2028, following completion of a second expansion this year. The company is also building a new HVDC transformer plant in Changwon, South Korea, targeting completion in 2027.

HD Hyundai Electric began full operation of a new transformer plant in Ulsan, South Korea, adding annual capacity for 40-50 transformers. The company also announced a KRW 198 billion investment for a second-phase expansion of its Cheongju distribution equipment campus.

Transformers and Rectifiers (India) Limited (TARIL) announced a ₹1,250 crore investment to set up three greenfield manufacturing plants at its Chiyada complex in Gujarat, producing high-voltage transformer bushings, pressboard and insulation materials, and continuously transposed conductors. Construction began in December 2025, with commercial operations expected in Q1 FY2027-28, creating over 1,000 direct jobs.

Panasonic Industry will invest about JPY 92 billion to expand production of MEGTRON multilayer circuit board materials in Suzhou, China and Ayutthaya, Thailand, expand SP-Cap capacitor production in Uji, Japan and Batam, Indonesia, and build a new R&D centre for semiconductor packaging materials in Yokkaichi, Japan.

Gaon Cable, via its U.S. subsidiary LSCUS, plans to invest approximately $50 million to add two production lines at its Tarboro, North Carolina factory, aiming to double cable production capacity by 2027.

Rockwell Automation has added two factories in Chennai, India, taking its manufacturing base in the city to three. The new factory is dedicated to the Cubic line of modular enclosures and electrical panel components, and a semiconductor-focused plant produces power and electrical infrastructure for chip manufacturing.

Hitachi Energy announced on October 22, 2026, an investment of R$385 million (approximately US$77 million) to expand transformer-component manufacturing in Brazil. The investment includes a new facility for high-voltage bushings and tap changers in Pindamonhangaba, São Paulo, and expanded insulation-material production in Guarulhos, creating over 120 jobs.

NKT completed the investment to expand its power cable production in Esposende, Portugal, strengthening capacity and capabilities.

Vertiv is adding about 22,000 square meters of production capacity at its Nové Mesto nad Váhom site in Slovakia to make power and cooling solutions for digital infrastructure. The project is expected to create hundreds of jobs in 2027 to 2029.

Accu-Mold LLC plans to construct a 53,000-square-foot addition to its Ankeny plant to increase production of precision micro injection molded components. The $33.25 million investment is expected to create 150 jobs, supported by $1.08 million in state tax credits.

ESKA Valve plans a €30 million investment at its 30,000-square-metre Sakarya facilities to increase smart ultrasonic natural gas meter production capacity over two years, creating 100 jobs.

Siemens Canada celebrated the completion of a one-year expansion at its Drummondville, Quebec factory, adding over 40,000 sq ft of production space at an investment of about CAD 14 million, supported by a CAD 5.6 million Quebec government loan.

Canadian transformer maker CES Transformers celebrated the grand opening of a 160,000 sq ft expanded manufacturing facility in Markham, Ontario, which will more than triple its production capacity and create over 150 jobs by 2030.

Daihen will build a new factory within its Mie works in Taki, Mie Prefecture, to double production capacity for large transformers by FY2029, with total investment of about 10 billion yen.

Russian manufacturer ADL plans to start building a new 10,000 sq m workshop in Kolomna in 2026, to make electric actuators for shut-off valves and reducers, expanding block heating unit and pumping unit assembly. The investment is 1.5 billion rubles and will create 80 jobs, with launch planned for 2028.

GE Vernova T&D India's board approved an INR 806 crore investment to expand facilities in Vadodara, Hosur and Padappai, aiming to raise transformer and reactor capacity by over 50% and GIS and AIS capacity by up to 25% by 2028.

VEGA Americas celebrated the grand opening of a 120,000 square-foot expansion to its U.S. headquarters in Mason, Ohio, on 3 October 2025. The project adds 31 full-time jobs and enables domestic production of electronic components.

Hyosung Heavy Industries is pursuing an expansion of its local circuit breaker factory in Pune, India, to meet rising power demand. The article gives no investment amount or completion date.

The Pump & Motor Works plans a $2.8 million expansion of its Okmulgee, Oklahoma manufacturing operations, adding storage buildings and manufacturing floor space and creating up to 18 jobs.

Meckwell has broken ground on a new 5,000 m² manufacturing facility adjacent to its Tianjin plant, scheduled for commissioning in Q4 2025. The expansion will double its annual ESP system output capacity.

Danfoss will start mass production later in 2025 at its campus in Nanjing, Jiangsu, making insulated gate bipolar transistor modules and electric and hybrid power train systems.

ABB announced a $40 million investment to double the size of its Senatobia, Mississippi site to produce advanced low voltage circuit breakers. The site is expected to open in Q2 2026 and create 200 new jobs.

Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with HII Newport News Shipbuilding. It will fund capabilities and a 40,000 sq ft expansion of its under-construction naval propulsion facility in Goose Creek, South Carolina, expected to open in 2026.

Hitachi Energy inaugurated a new 3,300 sq m factory in Smedjebacken, Sweden, to increase production of HVDC power electronic valves and power quality solutions. The factory began construction in early 2024 and was opened on 14 November 2024.

GE Vernova is expanding its existing Stafford manufacturing sites to double HVDC valve manufacturing capacity and upgrade HVDC converter transformer production, and is hiring additional engineers and skilled staff.

Danfoss inaugurated new production facilities adding 40,000 square meters at its Monterrey Campus in Nuevo León, Mexico, for scroll and reciprocating compressors, pressure sensors and heat exchangers. The expansion targets an estimated 100,000 compressor units and 1.6 million pressure sensors per year.

NIDEC will invest $23 million to expand its operations in Reynosa, Tamaulipas, Mexico, creating 384 jobs. The Tamaulipas state government announced the investment on 29 July 2024.

Siemens Canada is investing approximately CAD 14 million in a multi-phased modernization of its Drummondville, Quebec factory to expand made-to-order switchboard production and increase automation, which could raise jobs by up to 15% by 2027.

Hyosung Heavy Industries will invest 100 billion KRW to expand its ultra-high-voltage transformer plants in Memphis, USA and Changwon, Korea, raising total UHV transformer capacity by about 40%, with Memphis capacity doubling.

Maschinenfabrik Reinhausen is expanding production at its Suzhou site near Shanghai, adding VACUTAP tap-changer capacity available from July 2024 to shorten delivery times in China.

Maschinenfabrik Reinhausen has invested $3 million in a new production building at its Humboldt, Tennessee plant for bolt-on tap-changers, expected to operate from end of July 2024.

Maschinenfabrik Reinhausen is investing around EUR 20 million to add three production bays in Regensburg, Germany, expected in operation by mid-2025, raising capacity by 25% by 2025.

Invertek Drives celebrated producing its three millionth variable frequency drive at its headquarters near Welshpool, UK. The company is undergoing a major expansion including a new 2,750sqm facility to boost production capacity.

JEAN MÜLLER is investing a further €10 million in its Eltville production site to add about 8,000 square metres of production space, modernize logistics and buy new machines. Construction began in early 2024 and completion is planned for autumn 2024.

ATAM has replaced most of its overmoulding presses at its Agrate Brianza, Italy plant, adding six new machines of different tonnages to raise production capacity for encapsulated coils.

Honeywell announced an $84 million expansion of its Olathe, Kansas manufacturing facility, creating 156 permanent jobs plus 268 temporary construction jobs.

Panasonic Electric Works Vietnam began full-scale operations on January 23, 2024 at a new production building for wiring devices and circuit breakers in Binh Duong. The company expects production capacity to reach about 1.8 times its 2022 level.

Prysmian plans to complete by early 2024 the adaptation of its Vila Velha umbilical plant to meet Petrobras demand, at a budgeted investment of R$50 million.

Fans and motors maker EBM-Papst is investing EUR 1 million to expand its facilities in Singapore and India, including added production capacity in Chennai. The move is part of its China-decoupling strategy.

Reinhausen Manufacturing Inc., a subsidiary of Maschinenfabrik Reinhausen, will spend $3.3 million to expand its Humboldt, Tennessee facilities, raising production capacity by 25 percent. Groundbreaking is due by end of 2023, with completion anticipated in early 2024.

Schaeffler officially inaugurated the New Energy Phase II Factory at its Taicang manufacturing base in Jiangsu province on November 1, 2023. The plant produces electric motor stators and rotors for new energy vehicles.

Hyundai Motor Group and LG Energy Solution are investing another $2 billion in their battery cell joint venture at the Metaplant in Bryan County, Georgia, raising total JV investment above $4.3 billion and creating 400 jobs.

Eaton broke ground on a $100 million expansion of its Nacogdoches, Texas manufacturing facility adding 200,000 square feet and over 200 jobs, doubling capacity for voltage regulators and three-phase transformers. The project was first announced in August 2023.

Prysmian Group broke ground on a $63.8 million expansion of its Du Quoin, Illinois plant to increase renewable energy cable manufacturing. The project adds over 100,000 square feet and is expected to create 80 new jobs while retaining 225.

BorgWarner plans to invest $42 million to expand its Seneca, South Carolina facility, adding 3GWh of annual battery module capacity and about 122 jobs over three years. Expansion begins in Q2 2023 with completion expected in the first half of 2024.

Baumüller Dravinja, the Slovenian subsidiary of Baumüller, is completing a new hall in Slovenske Konjice for about five million euros, doubling electrical production capacity and adding sheet metal and logistics space, with occupancy planned for March 2023.

Continental announced a project to invest close to 210 million euros in expanding its Silao Las Colinas operations in Guanajuato, Mexico, adding floor space and building a new 12,600 m2 plant for electronic control units, expected to create 1,500 direct jobs over three years.

WEG announced it will invest R$660 million over three years to build a new factory for industrial and electric mobility motors and expand existing plants in Jaraguá do Sul, Santa Catarina, completing the new plant by Q1 2024.

Siemens Energy announced an expansion of its Querétaro facility, investing 105 million Mexican pesos to add high-power switch and high-voltage line manufacturing, with 200 direct jobs expected. The company says the plant will export to Central America, Chile, the US, Canada and the UK.