TMC Transformers USA to expand Waynesboro manufacturing - Atlanta Business Chronicle

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Waynesboro is developing into a hub for energy-related businesses.

A multinational manufacturer of electrical energy equipment is expanding its plant near Waynesboro, which is developing into a hub for energy-related businesses.

TMC Transformers USA Inc. says it will invest more than $15.3 million over five years in the Burke County project, which is expected to create 110 new jobs. The company first opened its United States plant in 2023.

Electricity-related industry has been growing in the Waynesboro area, the home to Georgia Power's Plant Vogtle nuclear plant, which opened two additional reactors this year. In July, another European manufacturer, Ritz Instruments Transformers, also announced a new location in Waynesboro.

TMC designs and manufactures "medium and low-voltage, dry-type cast resin and [vacuum pressure impregnated] transformers," a news release said. The company has three other production plants in Italy and one in Israel. It also has offices in East Asia, Europe and the U.S.

Electric grids across the country, including in Georgia, are growing to meet the incoming demand for electricity. Part of that growth requires upgrading and expanding electricity transmission infrastructure and will require materials such as new transformers. TMC says its customers include utilities, railways and data centers — the latter of which have been expanding in Georgia.

“The transformers TMC will manufacture in Burke County are critical in addressing energy infrastructure needs for the state and the nation," Georgia Department of Economic Development Commissioner Pat Wilson said in a prepared statement.

Wilson's department met with TMC executives in Italy. The state has been working on recruiting more international businesses from countries like Italy and Korea.

The expansion will help the company grow its market in North America.

TMC is eligible to apply for state tax credits, but because this is an active project the state did not disclose the details of the deal, a spokesperson for the department said.

The new plant is set to be open in 2026.

"We look forward to their impact as that region of our state continues to recover and rebuild following the recent hurricanes," Gov. Brian Kemp said in a prepared statement.