Siemens announces $285 million investment in U.S. manufacturing
- Siemens plans to invest $285 million in U.S. manufacturing, including two new facilities in California and Texas, according to the company.
- This investment will create more than 900 skilled manufacturing jobs in the U.S., according to Siemens.
- Siemens has invested over $90 billion in the U.S. over the last 20 years, as noted by Roland Busch, president and CEO of Siemens AG.
- The recent investment is part of a broader $10 billion commitment to enhance Siemens' manufacturing footprint in the U.S., according to the company.
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29 Articles
Siemens Building $285 Million Manufacturing Facilities in California, Texas
Siemens unveiled two new state-of-the-art facilities for electrical products in California and Texas this week as part of a $285 million investment in manufacturing in the United States, the tech giant announced on March 7. The German technology company said in a statement that the new factories in Pomona, California, and Fort Worth, Texas, are expected to create more than 900 manufacturing jobs combined. Equipment produced at the facilities wil…
Siemens announced this Wednesday it will invest $285 million in the United States and detailed that two new facilities will be included in the states of Texas and California. In a statement, the president and CEO of the company, Roland Busch, explained that the technology giant will invest more this year than it has been investing in the past 20 years, adding that, in addition to generating more jobs and technological development, Siemens would …
Siemens announces $285-M investment in US manufacturing
LOS ANGELES — Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas. The U.S. is the largest market for the company. The recent investments in the Siemens’ U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software
Siemens to Invest $285 Million in New US Manufacturing Facilities
Siemens AG (ETR: SIE) announced plans to invest $285 million in US manufacturing operations, unveiling two new facilities for electrical products in Fort Worth, Texas, and Pomona, California. The investment is expected to create more than 900 skilled manufacturing jobs. The German technology company revealed Thursday that this expansion will more than double its production capacity of electrical equipment designed to power critical American infr…
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