Siemens Energy expands in Houston as part of $1 billion US investment
- Siemens Energy announced on Tuesday a $15 million investment in its Fort Payne facility to boost production capacity and create approximately 120 jobs.
- Rising electricity demand from AI infrastructure, data centers and industrial electrification prompted Siemens Energy's investment, while analysts last year warned soaring equipment demand pressures the sector.
- The company will expand capacity in the Greater Richland Area, Mississippi, building a new factory, and plans several capacity expansions in North Carolina, Florida, Alabama, New York, and Texas.
- The upgrades aim to improve factory safety, efficiency and production capacity, and Siemens Energy said they will support a significant expansion of the U.S. workforce.
- About 10,000 Siemens compressors are already installed across North America, and Siemens Energy said the current policy environment supports momentum despite supply-chain bottlenecks.
32 Articles
32 Articles
Siemens Energy announced a $1 billion investment in the United States to boost its manufacturing of network equipment and power generation. The German company’s initiative is expected to create 1,500 jobs in various states and areas such as manufacturing, engineering and logistics. Read more
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Lion’s share of Siemens $1B investment destined for North Carolina
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Siemens Energy to bring 120 jobs to Fort Payne facility as part of $1 billion US investment
Siemens Energy is making a significant investment in its Fort Payne facility, with plans to inject $15 million into the site. This move is set to boost production capacity and will create approximately 120 new jobs.
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