HSP US invests $50M to build bushing manufacturing plant in North Carolina
HSP US LLC, a U.S. subsidiary of Trench Group GmbH, has announced plans to build its first U.S.-based manufacturing plant in Charlotte, North Carolina. The company, which manufactures bushings for high-voltage power transformers, is investing more than $50 million over the next five years and will create 74 new jobs.
The plant will produce high-performance bushings, essential components in power transmission infrastructure, with operations set to begin in early 2026. The facility will be located in southwest Charlotte, near Siemens Energy’s new manufacturing plant, and will include positions for machinists, engineers, and managers with an average wage of $77,315. HSP US is working with Central Piedmont Community College to develop a workforce training and apprenticeship program tailored to the needs of the facility.
What people are saying
In a recent quote, Dr. Bahadir Basdere, CEO, Trench Group, said, “Through these investments, we are not only strengthening our presence in the North American market but also laying the foundation for sustainable growth and the further development of the energy infrastructure in the region. In doing so, we contribute to the stability and national security of the countries in North America.”
Dr. Nils von Dietman, CEO of HSP US, added, “Charlotte’s growing skilled workforce in key electric and engineering fields combined with its business-friendly climate offers HSP US the ideal environment as we expand our operations globally. The proximity to our key customers also played a role.”
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