Global electronics giant Siemens plans to spend more than $500 million on projects in the U.S. for critical infrastructure and electrical manufacturing technology.
Part of the investment is a manufacturing plant in Dallas-Fort Worth, Texas, for data centers and infrastructure that will produce reliable and efficient electrical equipment. The construction of a $220 million rail manufacturing facility in Lexington, North Carolina, started earlier this year as well as two electrical-products extensions at its manufacturing plants in Grand Prairie, Texas, and Pomona, California.
In total, $510 million will be invested and 1,700 jobs will be created from the U.S. investment, Siemens said. This investment is part of a greater $2 billion Euro global investment strategy in 2023 from Siemens to boost growth.
The investments
The Fort Worth facility is expected to start production in 2024 before gearing up to full operations in 2025. The factory will be built and operating using Siemens manufacturing tools like digital twin technology and automation. Siemens’ Xcelerator portfolio will be used to capture and analyze data from the production floor in real time.
The Fort Worth, Texas, facility will support data center space, where demand is expected to grow by 10% annually through 2030.
The expansions of the electrical factories in Texas and California will be targeted for infrastructure growth specifically in data centers, battery plants, semiconductor manufacturing fabs and electric vehicle charging facilities.
