A significant investment by the Commonwealth of Pennsylvania is set to enhance local energy and technology facilities, particularly through a $70 million expansion by Hitachi Energy in Westmoreland County. This initiative aims to create over 100 new jobs and strengthen the state’s position in the energy sector.
Key Takeaways
- Investment Amount: $70 million by Hitachi Energy.
- Job Creation: Over 100 new jobs expected.
- State Support: Pennsylvania contributes over $329,000.
- Facility Upgrade: Mount Pleasant facility to become a high-voltage products manufacturing hub.
Overview of Hitachi Energy’s Expansion
Hitachi Energy, a global leader in high-voltage technology, is making a substantial investment in its local facilities. The company plans to transform its Mount Pleasant facility into a state-of-the-art manufacturing site, significantly increasing its production capacity. This expansion is part of a broader strategy to enhance the company’s operational capabilities and meet growing market demands.
Economic Impact on Westmoreland County
The investment is expected to have a ripple effect on the local economy. By creating over 100 new jobs, the expansion will not only provide employment opportunities but also stimulate local businesses and services. The state’s financial support of over $329,000 is aimed at encouraging further investments in Pennsylvania’s energy sector, showcasing the state’s commitment to fostering economic growth.
Statements from Officials
Rick Siger, Secretary of the Department of Community and Economic Development (DCED), expressed enthusiasm about the investment, stating, "It’s about doubling down on an existing facility and creating even more jobs in an industry where we know Pennsylvania is poised to lead, which is energy. We couldn’t be more excited about this investment, especially right here in Westmoreland County."
Future Prospects
This investment by Hitachi Energy is expected to set a precedent for other companies considering expansion in Pennsylvania. The state aims to position itself as a leader in the energy sector, attracting more businesses and fostering innovation. The successful transformation of the Mount Pleasant facility could serve as a model for future projects, encouraging a robust energy economy in the region.
Conclusion
The Commonwealth of Pennsylvania’s investment in Hitachi Energy’s expansion is a promising development for the local economy. With the creation of new jobs and the enhancement of manufacturing capabilities, this initiative not only strengthens the energy sector but also positions Pennsylvania as a competitive player in the global market. As the state continues to support such investments, the future looks bright for local communities and the energy industry alike.
Sources
- Commonwealth contributes to energy and technology company’s $70M investment into 3 local facilities, Yahoo.
