Hitachi Energy is set to invest $479 million CAD in a new Transformer Insulation Factory in London, Ontario, which will establish Canada’s first pressboard manufacturing line. This facility aims to strengthen the domestic supply chain for critical transformer insulation materials, addressing the growing electricity demand in Canada. The investment is supported by contributions from the Government of Canada, the Government of Ontario, and Natural Resources Canada, and is expected to create over 100 permanent skilled jobs. The facility is anticipated to be completed by 2028.