Post by Hitachi Energy

📢 Bolstering the regional transformer market with a strategic investment in North America 📢 Hitachi Energy today announced a major expansion of its transformer insulation and components business by signing a definitive agreement to acquire Canduct Group. Canduct, headquartered in London, Ontario, Canada, is a leading manufacturer of transformer insulation kits and components, serving customers across the U.S. and Canada. The investment addresses a critical bottleneck in the region's transformer supply chain by expanding our regional insulation and components capabilities, strengthening resilience, and accelerating the delivery of essential grid infrastructure. For over a century, Hitachi Energy has been a trusted supplier for transformer insulation and components to OEMs and distributors of power and distribution transformers worldwide. 👉 Read the full press release here https://lnkd.in/eFtNSgpB: #HitachiEnergy #HitachiEnergyTransformers #TransformerComponents

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