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Story summary
- Hitachi Energy will invest over $1 billion to expand U.S. electrical grid infrastructure, including a $457 million transformer facility in South Boston, Virginia.
- The facility will create over 825 jobs and become the largest U.S. site for large power transformers.
- This investment addresses rising energy demands from AI data centers and supports U.S. manufacturing.
- Construction starts by the end of 2025, with operations expected by 2028.
- The project is part of a $9 billion global investment program and aligns with the Trump administration's AI action plan.
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