Hitachi Energy invests 77M in Brazil plant

Hitachi Energy announced a seventy-seven million dollar investment to build a new manufacturing plant in Brazil. The facility will produce essential power transformer components to supply domestic and international markets.

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Hitachi Ltd will invest $77 million to build a new transformer component plant in Brazil during Thursday morning, doubling regional production capacity. The expansion lifts the Japanese conglomerate's total regional investment plan to $350 million. The move comes as power infrastructure demand accelerates across Latin American markets.

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