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HSP US to spend $50 Million to expand in Charlotte North Carolina.

HSP US to spend $50 Million to expand in Charlotte North Carolina.

June 18, 2025 Craig Etkin

Charlotte, North Carolina — According to state and local development sources, HSP US plans to invest $50,000,000.00 to build out new space in Charlotte. The company plans to occupy the new space in Charlotte, on or about April 1, 2026. According to the company website As Trench Group, we are sage and VISIONARY INNOMAKERS leading the sustainable transformation of the electric power industry. We support our business partners in their transition to a greener future by offering the most complete, advanced, and sustainable portfolio of high-voltage products and solutions. We aim to leave a powerful and respectuos footprint in the market that we lead and the world we live in. Find more about who we are and discover our complete portfolio of Instrument Transformers, Bushings and Coils at www.trench-group.com

To learn more about HSP US, visit http://trench-group.com/hsp/

Company Contact:
Nils von Dietman, Chief Executive Officer
49 2241 2526-0

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1520, Charlotte, Charlotte-Gastonia-Rock Hill, Commercial Relocation, HSP US, intelligence360, North Carolina

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LEGO Group will invest $366 million to build a new 2,000,000-square-foot warehouse in Prince George County’s Crosspointe Business Centre site. The project will create 305 new jobs.  The new facility, located at 8800 Wells Station Road, will operate alongside the LEGO factory currently being constructed in Chesterfield County. The 1.7 million-square-foot facility in Meadowville Technology Park is on track to open in 2027 and will create more than 1,700 jobs once fully operational.

In a statement Carsten Rasmussen LEGO Group Chief Operations Officer said, “The regional distribution center will bring greater flexibility to our network, ensuring we are well positioned to support long-term growth in the Americas." "Together with our future Virginia factory, the RDC will shorten our supply chain in the region – reducing lead times for our customers as well as our environmental impact. We are grateful for the continued support from the Commonwealth of Virginia."

The Virginia Economic Development Partnership worked with Prince George County and Virginia's Gateway Region to secure the project for Virginia. Governor Youngkin approved a $2.53 million grant from the Commonwealth’s Opportunity Fund to assist Prince George County with this project. VEDP will support the LEGO Group’s job creation through the Virginia Jobs Investment Program, which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens. 

The LEGO Group was founded in Billund, Denmark in 1932 by Ole Kirk Kristiansen. Its name derived from the two Danish words LEg GOdt, meaning “Play Well.” Today, the LEGO Group remains a family-owned company headquartered in Billund. Its products are now sold in more than 120 countries worldwide.
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Trustifi, a leading cybersecurity software platform specializing in email security, data loss prevention, and security awareness training, has announced the successful closing of its $25 million Series-A funding round. The investment was led by New York City-based software growth equity firm Camber Partners, known for backing innovative growth-stage B2B SaaS companies during their rapid scale-up phase.

This funding round emphasizes the growing market demand for Trustifi’s comprehensive secure email platform, which is designed to simplify and automate email security for businesses across all geographies and sectors. The new capital will be utilized to bolster and accelerate Trustifi’s product roadmap, double down on go-to-market initiatives, and increase awareness and marketing efforts within the company’s rapidly growing end-market.

In a statement Rom Hendler, Trustifi CEO said “We are eager to partner with Camber for the chapter ahead.” “Their collaborative approach, strategic insight, and deep experience in scaling software companies will be invaluable as we continue to innovate and deliver an industry-leading cybersecurity platform. This investment reinforces the strength of our technology and the exceptional value we provide our customers and partners.”

Trustifi’s platform helps organizations protect sensitive information, prevent data breaches, and ensure compliance with regulatory standards through seamless integration with existing email systems like Microsoft 365 and Google Workspace. The company’s intuitive platform is gaining rapid adoption across industries and geographies, reflecting increasing concern over AI-driven cybersecurity threats and the imperative to secure communication channels effectively.
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According to state and local development sources, UBS plans to invest nearly $2 Million to build out 13,300 square feet of new office space in Austin Texas. The project consists of the fit-out of a first generation office space on the 31st Floor at 401 W 4th Street Suite 3100 in Austin. The new space is expected to be ready for occupancy by March 1st 2026. Design for the facility is being handled by the New York City office of Verderame Cale architecture.

With a 150-year history, 124,000 colleagues around the world, and a network of offices in over 50 countries on 5 continents, UBS has extensive experience managing the wealth of high net worth and ultra high net worth individuals. Their global strategy is centered on strengthening UBS’s leading Wealth Management Americas franchise while integrating and finding synergies among the Investment Bank and Asset Management divisions to deliver outstanding solutions for clients. The UBS Wealth Management Americas approach is based on the trusted relationship of their Financial Advisors and their clients. The company's experienced Advisors are committed to understanding clients’ needs and delivering insightful, informed advice to help them realize their dreams. UBS works with individuals, families, institutions, and corporations around the world to help answer some of life's questions whether through award winning wealth management advisory, investment banking and asset management expertise, or private and corporate banking services in Switzerland. In June 2023, Credit Suisse became a UBS Group company.
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