Business · Companies · 4 hrs ago
Hitachi Energy plans $77 million Brazilian plant, raising investment plan to $350 million
Hitachi Energy will invest $77 million in a new plant in Pindamonhangaba, in São Paulo state, to make components for power transformers.
The project raises the company’s planned investment in Brazil to $350 million.
The plant will make parts including bushings and tap changers, and some investment will also expand electrical insulation materials production in Guarulhos.
Rising electricity demand is driving the expansion, as economies electrify and data centers and artificial intelligence use more power.
The components will supply Hitachi Energy’s own factories in Brazil and abroad, while the company also aims to serve export markets including North America and the Middle East.
The plant is expected to open in late 2028, about a year after a new transformer factory planned for Pindamonhangaba, and is expected to create 120 direct jobs.
Hitachi Energy plans to invest $77 million in a new Brazilian plant for components used in power transformers.
The project raises the company’s planned investment in Brazil to $350 million.
The plant will be built in Pindamonhangaba, São Paulo state, next to a transformer factory under construction.
The company says its Brazilian production capacity will more than double.
The components plant is expected to be ready by the end of 2028.
- Who
- Hitachi Energy, a subsidiary of Japan’s Hitachi group.
- What
- It plans a $77 million plant to make power-transformer components, raising its Brazil investment plan to $350 million.
- When
- The company announced the plan on October 22, 2026. The plant is expected to be ready by the end of 2028.
- Where
- Pindamonhangaba, in São Paulo state, Brazil.
- Why
- The company aims to increase supply of components amid strong global demand and support electrical infrastructure needs.
This story does not have two clearly opposing sides.
Hitachi Energy announced an expansion of its Guarulhos factory in Brazil.
The company announced the $77 million components plant and raised its planned Brazil investment to $350 million.
The new transformer factory in Pindamonhangaba is expected to be completed.
The new components plant is expected to be ready.
- New plant investment
- $77 million
- Brazil investment plan
- $350 million
- Plant location
- Pindamonhangaba, São Paulo state
- Expected components plant completion
- End of 2028
- New direct jobs
- Around 120
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What people are saying
When we talk about investment, we don't mind investing even more, because we believe that long-term visibility with our customers gives us an advantage in understanding where we need to invest more
Brazil and Colombia are also exporting countries (for Hitachi Energy products), and we want to ensure that we serve other markets, especially North America and the Middle East
With this investment, we are talking about around 120 new direct jobs, in addition to the 450 we have already announced for the other project in Pindamonhangaba