Canada Invests $30 Million as Hitachi Builds Canada's First Transformer Pressboard Plant in London, a $478.8 Million Project
Innovation, Science and Economic Development Canada announced in London, Ontario, on October 16 a total federal investment of $30 million in Hitachi Energy Canada Inc., supporting a $478.8 million project to establish Canada's first electrical-grade pressboard manufacturing facility in London. Minister Mélanie Joly, Minister of Industry, announced the investment.
The federal funding includes $20 million through the Strategic Response Fund and $10 million through the Investments in Forest Industry Transformation program. The new facility will turn wood fibre into up to 20,000 tonnes annually of electrical-grade pressboard and laminated insulation materials for high-voltage transformers, supplying Hitachi Energy's transformer operations in Varennes, Quebec, and other manufacturers in North American and global markets.
Ottawa said demand is being driven by grid modernization, electrification, renewable energy deployment and data centre expansion, and that domestic production will strengthen Canada's place in North America's energy infrastructure supply chain while creating new markets for Canadian forest products.
Source: Innovation, Science and Economic Development Canada
Published by GSM · USA (original Chinese edition)
Photo: 图：变电站与电力变压器 / Photo: An electrical transformer substation（Wikimedia Commons，CC BY-SA 2.0）
