JACKSON, Miss., Sept. 15 -- The Mississippi Development Authority issued the following news release:
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 increas...