Italian Firm to Invest $15M South of Augusta

Oct 29, 2024 128

Just a year after its initial foray into Georgia, an Italian provider of transformers is set to invest $15.3 million and hire 110 people at a new factory in Waynesboro over the next five years.  TMC Transformers USA Inc. has been present in the state since early 2023 and is expanding already thanks to increased demand for “dry-type transformers,” medium- and low-voltage devices installed in places where liquid cooling is not an option. 

They’re used in data centers, mining operations, oil and gas, power generation facilities, railway substations and in other settings.  “Combining our expertise in the dry-type transformer industry with the needs of the U.S. market for accessible, reliable and sustainable energy, the launch of the new plant highlights TMC’s strategic plans for substantial growth in North America,” said Cristiano Palladini, president of TMC USA, in a news release. 

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SOURCE: https://www.globalatlanta.com

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