Hitachi Energy Bringing Its Largest Transformer Manufacturing Investment In U.S. To Mississippi

JACKSON, Miss . - Hitachi Energy, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501, "Hitachi") is expanding its operations at its transformer manufacturing factory in Copiah County, Mississippi. The project represents a corporate investment of $528 million, the company's largest investment to date in the U.S., and it will create 654 jobs.

Hitachi Energy is a global leader in electrification that manufactures transformers and other equipment to help power the nation's homes, businesses and communities. The company's current facility in Copiah County produces small power transformers and employs 475 people.

The expansion will significantly increase Hitachi Energy's production capacity and expand the range of small power transformers manufactured domestically, helping meet growing demand across North America while strengthening the domestic supply chain for critical energy infrastructure. The project includes the purchase of a 45-acre site at the Copiah County Industrial Park in Gallman, the construction of a new facility, new manufacturing equipment and infrastructure improvements.

The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. MDA also is assisting with site development and infrastructure improvements. Copiah County is assisting with the project, as well.

Construction is expected to begin later this year, with transformer production scheduled to start in 2029.

QUOTES

"This is truly a massive win for Mississippi and the United States. Hitachi Energy could've made its largest investment in America anywhere in the country - but the company chose Mississippi. Mississippi's momentum is growing stronger every day, and it is our people who are building the future of American energy infrastructure. This $528 million investment will create over 650 new jobs while expanding the domestic manufacturing capacity our country needs to meet growing demand. Mississippi is proud to play a leading role in powering America's future." - Gov. Tate Reeves

"Reliable energy infrastructure has become one of the most important factors in economic growth, and that starts with the ability to manufacture the equipment that keeps the grid running. At $528 million, Hitachi Energy's expansion is a massive addition to the investment taking place in Mississippi and puts Copiah County at the center of an industry that is increasingly critical to economic development." - Mississippi Development Authority Executive Director Bill Cork

"Demand for electricity is growing rapidly, and the grid must grow with it. This investment in Mississippi, our largest ever in the U.S., reflects our long-term commitment to American manufacturing and building the grid infrastructure that will help power America's growth for decades to come. We are pleased to work with the Trump administration and Governor Reeves to support investment in American manufacturing at a pivotal time for U.S. energy security." - Andreas Schierenbeck, CEO, Hitachi Energy

"Copiah County Economic Development District is grateful for the decision of Hitachi Entergy to invest $528 million into expanding the domestic transformer production located in Copiah County. We thank the Mississippi Development Authority for support of this project, which will strengthen Hitachi Entergy's operation, create new jobs and assist with continued economic growth of our community." - Copiah County Economic Development District Executive Director Arthur L. Evans, Jr.

"This expansion is about more than adding 654 jobs. It will create new career pathways and generational opportunity across Copiah County and the surrounding region. Building on the strength of Hitachi Energy's existing Mississippi workforce, AccelerateMS is committed to working with the company and our education and workforce partners to prepare Mississippians for these highly skilled roles and support their continued growth throughout their careers. This is the kind of investment that can transform a region while demonstrating that Mississippi has the talent to help lead the future of American manufacturing." - AccelerateMS Executive Director Courtney Taylor