TMC Transformers USA Inc. (TMC) is investing more than $15.3 million over five years in a new manufacturing facility in Waynesboro, Gov. Brian Kemp announced Thursday.
“When we lead economic missions overseas and meet with companies like TMC, we do so to bring more opportunities back to hardworking Georgians,” said the governor, Thursday morning. “And so job creators like them can build a strong foundation alongside communities like Waynesboro.”
The Italian multinational company specializes in designing and producing dry-type cast resin and vacuum pressure impregnated (VPI) transformers. Its reach extends across three continents, with more than 500 employees across offices in Europe, East Asia and the U.S.
“Combining our expertise in the dry-type transformer industry with the needs of the U.S. market for accessible, reliable and sustainable energy, the launch of the new plant highlights TMC’s strategic plans for substantial growth in North America,”said TMC USA President Cristiano Palladini.
MORE: Ritz Corp moving back to Waynesboro
The proposed plant is slated for development in Burke County Industrial Park, and is poised to bring 110 new jobs. The manufacturer has already begun hiring for several positions, including management, administrative staff and production technicians.
“The transformers TMC will manufacture in Burke County are critical in addressing energy infrastructure needs for the state and the nation,” said Pat Wilson, commissioner of the Georgia Department of Economic Development (GDEcD), which partnered with the Development Authority of Burke County to draw the manufacturer to Waynesboro, and sent its Global Commerce team to meet with TMC leaders in Italy. “TMC is just the type of company we aim to attract to Georgia: a long-term partner committed to strengthening our communities, economy, and industry ecosystems.”
The GDEcD and the Development Authority of Burke County had worked with German transformer producer Ritz Instrument Transformers to find a location to lease for manufacturing operations on Evercare Way in Waynesboro, in early 2023.
That paved the way for Ritz’s $28 million project to build its own manufacturing plant in Burke County Industrial Park, announced by the company and Gov. Kemp in July of this year.
TMC acquired the power transformers division of Ritz in 2021. The plant is expected to be complete and operational in 2026.
Skyler Q. Andrews is a staff reporter covering business for The Augusta Press. Reach him at skyler@theaugustapress.com.
