Company to create 100 new jobs and invest an initial $97 million;
Additional jobs to position company as second-largest employer in Crockett County
Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Hitachi Energy officials announced today the company is expanding manufacturing operations in Alamo, Tennessee.
Hitachi Energy will invest an initial $97 million and create 100 new jobs through the project with plans for future growth. The additional investment in Alamo will allow the company to expand its manufacturing presence, increasing its total capacity for transformer components such as high-voltage direct current (HVDC) bushings across the globe. Upon completion, the expansion will solidify Hitachi Energy’s position as the second-largest employer in Crockett County.
Hitachi Energy is a global technology leader in electrification, delivering innovative power grid and digital technologies to power the daily lives of three billion people. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation and power electronics, the company is addressing the most urgent energy challenge of our time – meeting soaring electricity demand. Headquartered in Switzerland, the company is the energy arm of the Hitachi Group, one of Japan’s leading technology companies.
Japan is Tennessee’s top partner for foreign direct investment (FDI) with more than 200 Japanese companies across the state that account for more than 57,000 jobs and $20 billion in capital investment.
Quotes
“This project marks a significant investment in rural Tennessee, and I am grateful to the leaders in Crockett County and Alamo for their role in securing this expansion. Thank you again to the Hitachi Energy team for its continued investment in our state, which we know will create greater opportunity for Tennesseans in the years to come.” – Gov. Bill Lee
“Japan is one of our top partners for FDI, and I’m proud to take part in announcing Hitachi Energy’s continued growth in West Tennessee. With more than 200 Japanese companies operating across our state, Tennessee has become a proven destination for long-term success, and we greatly appreciate Hitachi Energy’s ongoing commitment to Crockett County and the significant role it has played in strengthening our business climate and international partnerships.” – TNECD Commissioner Stuart C. McWhorter
“This investment in Tennessee is also an investment in the future of America’s energy infrastructure. We’re not only increasing our ability to deliver vital components to customers across the U.S. and the world, but we’re also making a long-term commitment to the Crockett County community. This facility plays a critical role in meeting fast-growing energy demand from AI as well as grid expansion and modernization, and we’re proud to grow our footprint and strengthen domestic manufacturing right here in Tennessee.” – Steve McKinney, head of transformers, North America, Hitachi Energy
“TVA and Gibson Electric Membership Corporation congratulate Hitachi Energy on its decision to expand operations in Crockett County. It’s always an exciting day when we can celebrate a company’s continued commitment to growth in the region. We are proud to partner with the Crockett County Chamber of Commerce and the Tennessee Department of Economic and Community Development to support companies like Hitachi Energy as they expand their presence in the U.S., and we celebrate this announcement together.” – John Bradley, senior vice president of economic development, TVA
About Hitachi Energy
Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system. With an unparalleled installed base in over 140 countries, we co-create and build long-term partnerships across the utility, industry, transportation, data centers and infrastructure sectors. Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD.
Tennessee Department of Economic and Community Development (TNECD)
TNECD is the state’s primary agency committed to fostering economic growth through job creation and community development. By attracting new corporate investment and facilitating the growth of existing businesses, the department works to strengthen Tennessee’s competitive landscape. Additionally, TNECD strives to increase the economic prosperity for all Tennesseans by providing grants to communities statewide, helping them to become vibrant, business-friendly environments where companies can flourish. For more information, visit tnecd.com.
Media Contacts:
Hitachi Energy
Kurt Steinert
Head of External Communications, North America
(919) 917-4094
Kurt.steinert@hitachienergy.com
TNECD
Chris O’Brien
Public Information Officer
(615) 934-5879
Chris.OBrien@tn.gov
