As 2022 draws to a close, we’re celebrating a record-breaking year at Missouri Partnership by taking a look back at some of Missouri’s biggest stories in economic development from the past year. Today, we are highlighting Hitachi Energy’s expansion in Jefferson City, Missouri.
In May, Hitachi Energy, a global technology leader serving the utility, industry, and infrastructure sectors, announced plans to invest $10 million in its facility in Jefferson City.
“Hitachi Energy’s expansion in Jefferson City is an important development for the company and the State,” said Missouri Governor Mike Parson. “As Hitachi Energy celebrates its 50th anniversary as a premier employer here in Central Missouri, we are pleased to see its ongoing support of the regional economy and commitment to bringing good-paying jobs to the community. We are happy to play a role in supporting that success.”
Hitachi Energy’s expansion will allow for increased operations at the facility and is expected to create 75 new jobs in the region.
“As electricity emerges as the backbone of our entire energy system, more and more sectors of the economy depend on distribution transformers,” said Steve McKinney, Senior VP and General Manager of Hitachi Energy’s Transformer Business in North America. “As a result, we are seeing demand skyrocket. We continue to invest aggressively to ensure that our Jefferson City location can help address that demand and remains at the forefront of innovation.”
Check out our full coverage here.