Canada invests $30 million in Hitachi Energy factory

The Government of Canada has announced a $30 million federal investment in Hitachi Energy Canada Inc. to support a $478.8 million project to establish Canada’s first electrical-grade pressboard manufacturing facility in London, Ontario.

• The funding is split between $20 million from the Strategic Response Fund and $10 million from the Investments in Forest Industry Transformation program, supporting a facility that will produce up to 20,000 tonnes annually of electrical-grade pressboard and laminated insulation materials for high-voltage transformers.
• The project is described as a new announcement dated October 16, 2026 in London, Ontario; Hitachi Energy said it will maintain about 1,250 employees and grow its Canadian workforce to 1,765, including more than 100 new jobs at the London facility. The facility will supply transformer manufacturing operations in Varennes, Quebec, and other North American and global markets.