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Project Type: New Plant

VanTran and MGM Transformers Open 430,000-Square-Foot Transformer Plant in Waco, Texas

VanTran and MGM Open $1B-Capacity Transformer Plant in Waco

MGM Transformers and VanTran Transformers announced on April 24, 2025, the grand opening of their new 430,000-square-foot advanced manufacturing facility in Waco, Texas. The plant is expected to create 700 American jobs over the next five years and unlock more than $1 billion in annual transformer production capacity.

Liquid-filled transformers for a growing grid

Following MGM Transformers’ acquisition of VanTran in 2024, the combined company brings together engineering experience in both dry-type and liquid-filled transformer technologies. The new facility will focus on custom liquid-filled transformers to meet demand from data centers, renewable energy, EV charging infrastructure and utilities.

“With this facility, we’re not just growing—we’re redefining the scale of American manufacturing. We’re proud to create jobs, reduce lead times, and deliver mission-critical infrastructure—made in America, for America.” — Doug Banty, CEO, MGM Transformers

Strengthening the U.S. supply chain

The companies say the Waco facility strengthens national resilience amid global supply chain disruptions by expanding U.S. manufacturing capacity and reducing reliance on foreign suppliers. The U.S. transformer market is projected to grow from $8.3 billion in 2022 to over $14 billion by 2032.

Six decades in Waco

VanTran has been part of the Waco community for more than 60 years and has a workforce of nearly 250. Its previous site was 50,000 square feet.

“VanTran has been part of the Waco community for over 60 years, and this expansion is about scaling our impact. We’re investing in the future of American industry, right here in Central Texas.” — Ty Gayeski, President, VanTran Transformers