Siemens Invests Over $500M in U.S. Infrastructure Manufacturing
By Mohan Krishna Challaturu | 07-11-2023 | News
Summary
- Siemens announces a $500 million investment in U.S. manufacturing, enhancing digital and AI capabilities.
- A new $150 million plant in Dallas-Fort Worth will focus on electrical infrastructure for data centers.
- Investments include a $220 million rail plant in North Carolina and expansions in Texas and California, creating 1,700 jobs.
- Part of a €2 billion global strategy, Siemens aims for growth and innovation in digitalization, automation, and sustainability.
- Advanced manufacturing tools and the Siemens Xcelerator portfolio will drive efficient, sustainable production across new facilities.
Siemens has announced a significant investment of over $500 million in U.S. manufacturing for critical infrastructure within the year 2023. This investment includes a new $150 million high-tech manufacturing plant in Dallas-Fort Worth dedicated to powering American data centers and critical infrastructure, which will produce reliable and efficient electrical equipment.
This move is in response to the growing demand for data centers driven by the rapid adoption of generative AI and aims to ensure the secure operation of critical infrastructure.
Additionally, Siemens has previously announced a $220 million investment in a new rail manufacturing facility in Lexington, North Carolina, and is investing in two electrical products manufacturing plants in Grand Prairie, Texas, and Pomona, California. These investments will create around 1,700 jobs in the U.S. and are part of Siemens’ €2 billion global investment strategy to foster growth, innovation, and resilience.
The new facilities will incorporate Siemens’ advanced manufacturing tools, including digital twin technology and the Siemens Xcelerator portfolio, to ensure high quality, efficiency, and sustainability. This strategy is part of Siemens’ broader commitment to expanding its leadership in digitalization, automation, electrification, and sustainability, with investments across China, Southeast Asia, Europe, and the U.S.