Brazil’s TSEA Energy Selects Eden, North Carolina, for First U.S. Manufacturing Plant

North Carolina Governor Josh Stein announced on March 24 that TSEA Energy, a Brazilian manufacturer of energy equipment, will establish its first U.S. manufacturing plant in Eden, Rockingham County. The company says it will create 160 jobs and invest $25 million.

Voltage regulators for U.S. utilities

TSEA will manufacture voltage regulators, equipment that supports grid stability, power quality and system reliability, at a 160,000-square-foot facility serving utilities across the United States. The facility is expected to double TSEA’s global manufacturing capacity and will include an engineering and R&D center and a service center.

Wages and incentives

The annual average salary for the new positions will be $66,554, above the Rockingham County average of $46,154, for a potential annual payroll impact of more than $7 million. A performance-based grant of $300,000 from the One North Carolina Fund will support the project.

Beto Reynaldo, CEO, TSEA said:

“The agreement with the State of North Carolina represents an important step in our international expansion and reinforces our long-term commitment to the U.S. market.”

North Carolina Governor Josh Stein said:

“I am delighted to welcome TSEA Energy to North Carolina and Rockingham County.”