VanTran and MGM Transformers have opened a second 430,000 square foot advanced manufacturing facility in Waco, Texas, to address increasing demand for transformers. The expansion is expected to grow annual sales from $321 million to $1 billion and increase employee count from 250 to over 700 over the next five years.
MGM Transformers and VanTran Transformers announced the grand opening of a new 430,000-square-foot advanced manufacturing facility in Waco, Texas. The plant is expected to create 700 jobs and unlock over $1 billion in annual transformer production capacity.
VanTran Transformers, recently acquired by MGM Transformers, will expand its manufacturing capabilities in Waco, Texas with a new 430,000 square-foot facility. The $20 million project will add up to 700 jobs over five years, with production anticipated by Q1 2025.
| Site | Largest | Latest |
|---|---|---|
| Waco, United States | $20.0M | 2025-05-09 |