TMEIC To Build Texas Plant For Data Center And Energy Sectors

MT Newswires Live
23 Apr

TMEIC Corporation Americas, a subsidiary of Japan's TMEIC, has begun construction on a manufacturing facility in Waller County, Texas, to produce uninterruptible power supplies and medium voltage drives, according to a company statement released Tuesday.

The 267,000-square-foot site will support demand from data centers and the oil and gas industry.

It is expected to open in May 2026, with operations starting a month later. Initial hiring is projected at 200 jobs, with the capacity to increase to 500.

The company said the project received backing from the Texas Enterprise Fund and a local tax abatement. It will also include a training center and laboratories, along with solar and battery storage systems.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10