Charlotte, NC, August 12, 2025
News Summary
German company HSP has announced the groundbreaking of its first U.S. headquarters and manufacturing facility in southwest Charlotte, set to create 74 new jobs in the region. The $50 million investment aims to enhance HSP’s presence in North America and bolster the local energy infrastructure. Operations are scheduled to start in early 2026, with community collaboration for workforce training in place to support new roles. This initiative reflects Charlotte’s growth as a key player in the energy sector, attracting foreign investments and creating a positive economic impact.
Charlotte, North Carolina – German company HSP has officially broken ground on its new U.S. headquarters and manufacturing facility in southwest Charlotte, marking a significant milestone as the company’s first operational site in the United States. The project is set to create 74 new jobs in the Charlotte region, demonstrating the ongoing economic growth in the area.
HSP, the U.S. subsidiary of Trench Group GmbH, based in Berlin, announced that it will invest over $50 million over the next five years to construct this state-of-the-art facility. The plant is designed to produce bushings, which are essential components for high-voltage power transformers. Operations are expected to commence in early 2026.
Dr. Bahadir Basdere, CEO of Trench Group, emphasized that this investment will enhance HSP’s presence in North America and contribute significantly to the regional energy infrastructure. The new facility will be strategically located near Siemens Energy’s advanced manufacturing plant, further establishing Charlotte as a key player in the energy sector.
Job Creation and Economic Impact
Positions available at HSP will include machinists, engineers, and management roles, with salaries averaging $77,315, surpassing the regional average for similar positions. This job creation aligns with the recent trend in Charlotte, which has seen substantial economic development efforts, including investments from other companies like PPG and Coinbase.
Collaboration for Workforce Development
The groundbreaking ceremony reflects collaboration between the city of Charlotte, Mecklenburg County, the Economic Development Partnership of North Carolina, Duke Energy, and Central Piedmont Community College. The community college will assist in training and apprenticeship programs, ensuring that the local workforce is equipped to fill these new roles.
Charlotte’s Growing Importance as an Energy Hub
City and state officials have welcomed HSP’s expansion as a significant step toward establishing Charlotte as an energy hub in the region. Mayor Vi Lyles expressed her enthusiasm about the advanced manufacturing jobs that HSP is set to bring to the city. Notably, Charlotte is home to over 1,000 foreign-owned companies, with German firms employing more than 19,000 individuals in the area.
Background on HSP and Trench Group
HSP became a standalone entity in 2024 after separating from Siemens Energy, making this initiative a crucial move for the company as it aims to strengthen its manufacturing capabilities in the U.S. Trench Group is recognized globally for its high-voltage power transmission system components, ensuring that the new facility will play a crucial role in meeting energy demands.
Recent Developments in Job Creation
The Charlotte-Mecklenburg area has experienced significant job growth, with recent collaborations yielding over $508 million in capital investment and 1,535 new jobs in completed projects. As HSP begins to hire for the new positions in the fall, the region can expect a positive impact on both employment and the local economy.
Key Features of HSP’s New Facility
| Feature | Details |
|---|---|
| Location | Southwest Charlotte, NC |
| Investment | $50 million |
| Job Creation | 74 new jobs |
| Average Salary | $77,315 |
| Operation Start | Early 2026 |
| Training Partner | Central Piedmont Community College |
FAQ
What company is breaking ground in Charlotte?
HSP, a German company and subsidiary of Trench Group GmbH, is breaking ground on its first U.S. manufacturing facility in Charlotte.
How many jobs will the new facility create?
The new facility will create 74 jobs in the Charlotte region.
When does HSP expect operations to start?
Operations are expected to commence in early 2026.
What components will the facility produce?
The facility will produce bushings that are essential for high-voltage power transformers.
What is the average salary for the new positions?
The average salary for positions available at the new facility is expected to be $77,315.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- WCNC: HSP Charlotte Headquarters
- Wikipedia: Charlotte, North Carolina
- Charlotte Observer: HSP Developments
- Google Search: HSP Charlotte
- Charlotte Observer: Economic Growth in Charlotte
- Google Scholar: Charlotte Job Creation
- WCNC: HSP Breaks Ground
- Encyclopedia Britannica: German Companies in Charlotte
- WCNC: American Airlines Charlotte
- Google News: Charlotte Energy Sector
Author: HERE Charlotte
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