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TMC Transformers to Bring 110 Jobs, New Manufacturing Facility To Burke County

Oct 29, 2024•over 1 year ago

Contract Type

partnership

WaynesboroManufacturing

Description

TMC Transformers USA Inc. is expanding its footprint in Georgia by investing more than $15.3 million over the next five years in a new manufacturing facility in Waynesboro, creating at least 110 new jobs in Burke County. The company's decision to create over 100 well-paying jobs in Burke County comes at a critical time, highlighting its commitment to strengthening its presence in the region.

Company Information

Company

TMC Transformers USA

Location

Waynesboro, Virginia, United States

About

TMC Transformers USA Inc. is an international dry-type transformers manufacturer for a wide range of industrial applications, focused on design and production of medium and low voltage dry-type cast resin and VPI transformers.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months