Hitachi breaks ground on $457 million facility, 825 new jobs created
Read full article: Hitachi breaks ground on $457 million facility, 825 new jobs createdSouthside Virginia is seeing another major economic investment, with Hitachi Energy breaking ground on a $457 million expansion at its South Boston facility expected to create 825 new jobs.
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Japan's Hitachi pulls out of UK nuclear project
Read full article: Japan's Hitachi pulls out of UK nuclear projectLONDON ā Work on a major new nuclear power station in Britain will stop after Japanese company Hitachi pulled out of the project. Hitachi halted work on the Horizon Project, located in Wylfa, on the Welsh island of Anglesey. It will also end work on another site located in England after it had been unable to agree on financing with the U.K. government. The company had been in talks with the British government for years about how it might support the project financially, including through stock and debt investments. It suspended operations last year when a deal couldnāt be reached, and said the COVID-19 pandemic made financing difficult.
