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Prolec GE’s recent announcement to invest $140M to double medium power transformer manufacturing capacity in Goldsboro, North Carolina
It will help the U.S. meet its electrification goals while working together with utilities to improve grid resiliency, efficiency, and reliability on our journey toward a sustainable energy future.
Transformer solutions provider Prolec GE, a joint venture between Xignux and GE Vernova, in conjunction with North Carolina Governor Josh Stein today announced an additional manufacturing investment of $140 million to meet unprecedented North American demand for medium power transformers. Prolec GE will add a projected 200 units per year to its Goldsboro production schedule by constructing and equipping a new 144,000 square foot facility adjacent to its existing plant. The new line will be completely self-contained, including its own core cutting, coil winding, assembly, and testing capabilities, and will require the addition of more than 330 full-time production, maintenance, supervisory and engineering positions over the next three years. The economic development announcement event was held at Goldsboro’s Maxwell Center and hosted by the Wayne County Development Alliance.
“We are thrilled to have Governor Stein with us today as we publicize this expansion that will double our manufacturing capacity in Goldsboro by 2030. We extend our gratitude to the state of North Carolina for its partnership in helping us maintain our commitment to supporting North America’s electrification goals and an efficient, sustainable U.S. electrical grid while supporting our mission of energizing life and society in contribution to a better world,” said Xignux CEO and Prolec GE Chairman Juan Ignacio Garza Herrera.
In recognition of the significant economic impact on eastern North Carolina, Prolec GE’s investment will be complemented by state and local grants and incentives, including $7.3 million from the state and $5.5 million from Wayne County. The company was also awarded a federal tax credit for this project under the Advanced Energy Project Tax Credit Program.
“The U.S. Department of Energy has played an essential role in driving meaningful progress by investing in critical electrical grid manufacturing advancements,” stated Garza. “Our project qualified for a federal tax credit under the Advanced Energy Project Tax Credit Program in recognition of our promise to expand domestic production of essential electrical grid components and create high-quality jobs, increasing the availability of affordable, reliable electricity powering U.S. growth. We are deeply grateful to the federal government leaders involved in fostering this public-private collaboration that serves both national and economic security interests.”
This latest Prolec GE announcement raises the company’s recent investment commitment to its North American customers to more than $300 million. In 2024, Prolec GE initiated its plans to double production of single-phase pad-mount transformers for its North American utility customers and announced the completion of a new manufacturing line in Shreveport, Louisiana that will produce over 1,500 three-phase pad-mount transformers per year for its renewable energy and industrial customers in the U.S. The company also finalized facility layout improvements that resulted in an approximate 15% capacity increase for both voltage regulators and network transformers and began optimizing power transformer processes to increase throughput and decrease manufacturing cycle times.
