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The Canadian Press. (2026, October 16). Hitachi announces $479M plan to build transformer insulation factory in London, Ont. Toronto Star. https://www.thestar.com/business/hitachi-announces-479m-plan-to-build-transformer-insulation-factory-in-london-ont/article_f5c7f5f8-5fdc-52de-a9c4-3f5fc36716cc.html
The Canadian Press. “Hitachi announces $479M plan to build transformer insulation factory in London, Ont.” Toronto Star, 16 Oct. 2026, https://www.thestar.com/business/hitachi-announces-479m-plan-to-build-transformer-insulation-factory-in-london-ont/article_f5c7f5f8-5fdc-52de-a9c4-3f5fc36716cc.html.
The Canadian Press. “Hitachi announces $479M plan to build transformer insulation factory in London, Ont.” Toronto Star, October 16, 2026. https://www.thestar.com/business/hitachi-announces-479m-plan-to-build-transformer-insulation-factory-in-london-ont/article_f5c7f5f8-5fdc-52de-a9c4-3f5fc36716cc.html.
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Hitachi Energy, along with the federal and Ontario governments, has announced a $479 million plan to build a new transformer insulation factory in London, Ont., expected to be completed by the end of 2028. This will be the first facility in Canada to produce pressboard, a critical material for keeping transformers cool. The project is anticipated to create 100 permanent skilled jobs and will mark Hitachi's first such establishment in the Americas.
Hitachi is covering most of the investment, while the federal and Ontario governments are contributing a combined $50 million, including funds from the strategic response fund, Natural Resources Canada, and the Invest Ontario Fund. According to Bruno Melles, CEO of Hitachi’s transformers business unit based in Zurich, increased demand for renewable electricity, industrial developments, and growth in artificial intelligence data centers is driving this project.