An energy company is expanding in Tennessee by investing $97 million in its manufacturing operations in Crockett County.
Hitachi Energy announced this decision on Wednesday, stating this capital investment is meant to increase its manufacturing presence and expand its total capacity for transformer components.
The energy company, which has its headquarters in Switzerland and is part of the Japanese-based technology company Hitachi Group, will create 100 new jobs.
With these new employment opportunities, Hitachi Energy will be the second-largest employer in Crockett County, according to a state government press release.
Furthermore, Japan is Tennessee’s top country in terms of foreign investment. Over 200 Japanese companies employ more than 57,000 people. These companies have also invested over $20 billion in capital in Tennessee.
Regarding the investment project, Gov. Bill Lee called it a “significant investment in rural Tennessee.”
“I am grateful to the leaders in Crockett County and Alamo for their role in securing this expansion,” he stated. “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.”
Steve McKinney, head of transformer in North America for Hitachi Energy, said the company’s Tennessee investment is also an “investment in the future of America’s energy infrastructure.”
He added that Hitachi Energy is “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,” McKinney stated.
The mayor of Crockett County, Gary Reasons, said the county is “excited” about the company’s expansion plans.
“The company’s investment in our community will see an impressive growth in new jobs while also bringing significant economic benefits that will enhance the quality of life in our area,” he explained.
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Zachery Schmidt is the digital editor of The Star News Network. Email tips to Zachery at [email protected].
Photo “Hitachi Energy Facility in Tennessee” by Hitachi Energy.
