Hitachi Energy announced a $1 billion investment in US power grid infrastructure, including a $457 million transformer facility in Virginia, citing the Trump Administrationโs AI Action Plan as a key driver. The move supports President Trumpโs energy and AI dominance agenda, promising thousands of jobs and bolstering US manufacturing amid a surge in onshoring and infrastructure investment. The White House writes:
Today, Hitachi Energyย announcedย a $1 billion investment in U.S. critical electrical grid infrastructure, including aย $457 million investment in a new Virginia-based large power transformer facility โ creating thousands of new jobs and helping to power the artificial intelligence revolution.
Itโs a key step forward in accelerating President Donald J. Trumpโs energy dominance agenda by fortifying our supply chains to meet energy demand.ย The company cites the White Houseย AI Action Planย as its catalyst โ the Trump Administrationโs transformativeย strategyย to propel the U.S. into a new era of AI dominance and cement our position as the global AI powerhouse.
Earlier this year, President Trumpย showcasedย an unprecedentedย $92 billion commitmentย by many of the worldโs leading energy and technology companies to build cutting-edge AI and energy infrastructure in Pennsylvania.
Meanwhile, the Trump Administration has overseen anย investment boom as compnies race to onshore production, expand manufacturing operations, and build new critical infrastructure amid President Trumpโs America First trade policy.
Read more here.