PRESS RELEASES

PROLEC GE Completes Expansion of its SHREVEPORT Plant to drive the energy transition in the U.S.

November 20, 2024

The plant expansion brings innovation, jobs and economic growth to the region while reducing concerns about the transformer supply chain.
The new transformers will enhance power grids with greater efficiency, reliability, and flexibility.

Shreveport, Louisiana, USA – November 20, 2024 – Prolec GE, a leader in energy infrastructure and a joint venture between Xignux, a privately-held company based in Mexico, and GE Vernova, celebrated the completion of a $34 million capacity expansion project at its Caddo Parish facility. This upgrade, which began in early 2023, concluded with the installation and commissioning of a third production line, allowing the 500,000-square-foot (46,450-square-meter) plant to expand its portfolio to include three-phase pad-mounted transformers. These products improve the efficiency, reliability, and flexibility of power grids utilized in wind farms, solar projects and other industrial and renewable energy initiatives. Additionally, the plant’s design optimization increased production capacity by 15% for the existing network transformer and voltage regulator lines. The inauguration event featured speeches by company executives and federal and local dignitaries, including Bridget Bartol, representative of the U.S. Department of Energy, Secretary Jennifer Granholm’s office, and Shreveport Mayor Tom Arceneaux. Representatives from Louisiana Governor Jeff Landry’s office, U.S. Senators John Neely Kennedy and Bill Cassidy, U.S. Representative Mike Johnson, and employees of the company also attended. Along with representatives from organizations such as Louisiana Economic Development, the National Electrical Manufacturers Association (NEMA), the Transformer Manufacturers Association of America (TMAA) and community leaders. The ceremony marked a significant milestone in the company’s growth and commitment to excellence. This expansion has created over 270 new jobs, solidifying Prolec GE’s position as a cornerstone of the local economy. Ricardo Suárez, CEO of Prolec and master of ceremonies for the event, stated: “This expansion not only enhances our capacity to meet the growing needs of our customers by adding more than 1,500 units annually to our production capabilities but also reinforces our commitment to supporting a reliable and resilient electric grid in the United States. Our team worked tirelessly to make this project a reality, and we are excited to continue delivering high-quality products, supporting the local economy and creating jobs in the community.” Prolec GE is a leader in the design, manufacturing and marketing of solutions for electricity generation, transmission, and distribution. As the largest transformer manufacturer in North America, the company serves diverse industries, including construction, engineering and both conventional and renewable energy sectors. The new production capacity in Shreveport helps ease pressures on the U.S. transformer supply chain while positioning Prolec GE for future growth. “It is essential that the government, industry, and community work together to drive growth in the manufacturing sector,” said Juan Ignacio Garza Herrera, CEO of Xignux, during his remarks. “Our collaboration with government agencies, the Shreveport community, and our joint venture partner, GE Vernova, was key to making this expansion a reality.” Scott Strazik, CEO of GE Vernova, emphasized the importance of partnerships and the progress achieved: “Today is a special day for the Prolec GE team and represents a significant milestone in our commitment to serving customers and advancing the energy transition,” said Strazik. “As energy demand continues to grow, this new production line and the jobs it creates will strengthen our supply chain for critical grid equipment, supporting energy security in the U.S. and beyond.” The event concluded with guided tours of the plant, showcasing new equipment varieties, state-of-the-art testing laboratories, a new training area, and improvements to process flow. Production employees provided firsthand insights at selected workstations, enriching the experience for distinguished guests.About Prolec GE Prolec GE is a joint venture between Xignux and GE Vernova, internationally recognized for quality manufacturing and reliable performance for over 25 years. The company is an electric industry leader  in the Americas with eight manufacturing facilities strategically located in Mexico, the United States, and Brazil and an installed product base in over 35 countries. Its broad power transformer services offering in the U.S., as well as its wide variety of high voltage transformer components. These complement Prolec GE’s full line of transformer solutions for the generation, transmission, and distribution of electrical energy for utilities, co-ops, municipalities, renewable project developers, data centers and original equipment manufacturers. As a leading supplier in the industry, Prolec GE embraces its commitment to providing an exceptional customer experience, superior quality products, comprehensive solutions and on-time deliveries while actively developing innovative, responsible, and sustainable solutions to solve the industry’s challenges. To learn more, visit www.prolec.energy/prolecge or follow us on LinkedIn.About Xignux Xignux is a leader in the energy and food industries. Based in Monterrey, Mexico, we manage a variety of companies that energize life and society to contribute to a better world, thanks to the hard work and talent of more than 31,000 employees in Mexico, the United States, and Brazil. In the energy industry, Viakable offers electrical conductors, and Prolec specializes in energy transformation and delivery. In the food sector, Qualtia provides a wide portfolio of cheeses, cold cuts, meats, and food service, while BYDSA produces savory snacks. Through its Social Responsibility model and the Xignux Foundation, the company also contributes to society’s sustainable development with active participation in four priority areas: energy, nutrition, education, and community development. Xignux was founded 68 years ago and the solutions from its companies reach over 35 countries. Learn more about us at https://www.xignux.com/.About GE Vernova GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

PROLEC GE Completes Expansion of its SHREVEPORT Plant to drive the energy transition in the U.S.

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