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Schneider Electric to spend $700m on US expansion - Global Construction Review

Summary by globalconstructionreview.com
French automation and energy company Schneider Electric says it will spend $700m in the US over the next two years developing its manufacturing capacity, digitalisation and energy infrastructure for artificial intelligence (AI). Revealed ahead of the Trump administration’s global tariffs announcement, Schneider said it was the single biggest US spending commitment in its 135-year history there. The $700m comes on top of $440m spent strengtheni…
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Schneider Electric to spend $700m on US expansion - Global Construction Review

French automation and energy company Schneider Electric says it will spend $700m in the US over the next two years developing its manufacturing capacity, digitalisation and energy infrastructure for artificial intelligence (AI). Revealed ahead of the Trump administration’s global tariffs announcement, Schneider said it was the single biggest US spending commitment in its 135-year history there. The $700m comes on top of $440m spent strengtheni…

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globalconstructionreview.com broke the news in on Tuesday, April 1, 2025.
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