Hitachi Energy announces CAD 479 million plan for Hitachi stock
Published on 10/17/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFactory plan and trading dates
- Hitachi Energy announced the factory plan on October 16, 2026.
- The project is valued at CAD 479 million and is expected to create more than 100 jobs.
- The next Xetra session is scheduled for October 19, 2026.
Hitachi Energy, a wholly owned subsidiary of Hitachi, Ltd., announced on October 16, 2026, that it will invest CAD 479 million to build a transformer-insulation factory in London, Ontario, according to the company’s press release.
Market context: Market report Nikkei 225.
The week in figures
The company announcement disclosed a CAD 479 million investment. The planned facility is expected to create more than 100 permanent skilled jobs and is scheduled for completion by 2028, the company said in its October 16 release.
The Canadian government separately said on October 16 that the project has a value of CAD 478.8 million and will receive CAD 30 million in federal support. The government said the facility could produce up to 20,000 tonnes annually of electrical-grade pressboard and laminated insulation materials, according to its news release.
Chronology of the week
On October 16, Hitachi Energy announced the planned London facility, which would include Canada’s first pressboard manufacturing line. The company said the site is expected to strengthen North American supply of transformer-insulation materials.
Dates of the coming week
The next Xetra session is scheduled for October 19, 2026. The company’s announced facility is expected to be completed by 2028; no additional company date was identified in the sources reviewed.
The next price is shown from the start of trading by the continuously updated real-time quote of Hitachi stock.
