PTT plans $102.5 M expansion in NC

PTT plans $102.5 M expansion in NC

Governor Josh Stein has announced a major expansion for Pennsylvania Transformer Technology, LLC, to add 217 new jobs in Hoke County, NC.

Duke Energy plans CEO change

Duke Energy plans CEO change

Effective April 1, Lynn Good will retire as CEO and chair of the board of Duke Energy Corp., with 29-year company veteran Harry Sideris set to take over.

Siemens Energy’s $150 M investment in NC

Siemens Energy’s $150 M investment in NC

Siemens Energy plans to expand its transformer manufacturing facility, add jobs and invest almost $150 million in North Carolina over the next five years.

Dominion Virginia to invest $9.5B in power infrastructure

USA, Virginia: Dominion Virginia Power, a Virginia-based power company, has announced its plan to invest nearly $9.5 billion to 2020 in order to increase solar and other new generation capacity and to upgrade infrastructure.

Virginia Transformer invests $2.4M in upgrade and expansion

USA, North Carolina: Virginia Transformer Corp., a manufacturer of custom power electric transformers, has announced an investment of $2.4 million in new construction and equipment in the Roanoke Valley, North Carolina.

New Tycan chains to aid heavy lifting of large power transformers

USA, North Carolina: Synthetic products manufacturer DSM Dyneema has formed a partnership with the Norwegian manufacturer of link chains Load Solutions to develop synthetic link chains made from DSM’s ultra-high molecular weight polyethylene (UHMwPE) fibre.