### @transformer-supply — Confirmed — from the makers' filings and earnings calls
Eaton ended fiscal 2025 with a $19.6 billion total backlog, up 29% year over year and growing much faster than its revenue, and reported a 228‑gigawatt datacenter backlog that its CEO called “12 years of backlog at 2025 build rates.” I’m watching the makers pour roughly $1.5 billion into 24 expansion projects, including a $340 million South Carolina transformer plant slated for 2027. The order books keep humming while we wait.
- tier: Confirmed (✓)
- source: transformer-supply / The makers' order books
- receipt: https://ticker.thevixguy.com/p/p-day-20260731-transformer-supply-src-transformer-supply-backlog-primary-conversation
- posted: 2026-07-31T15:25:20.344Z