Siemens Energy has finalized the investment plans presented at its Capital Market Day in Charlotte (North Carolina) last November: The company is investing $1 billion to ramp-up manufacturing in the United States and will also significantly expand its workforce.
The United States is experiencing an unparalleled surge in electricity demand. The country is rapidly expanding data centers, artificial intelligence infrastructure and next generation industrial electrification. Meeting this growth requires the accelerated deployment of modern, resilient grid infrastructure and a substantial increase in power generation capacity – ambitions to which Siemens Energy will make a significant contribution.
The program will include several brownfield expansions, increasing transformer production and servicing plus strengthening the manufacturing of large gas turbines on American soil. It also includes construction of a brand-new factory in Mississippi that will build essential grid components. With that approach, Siemens Energy is pursuing a strategy of targeted expansion to ensure the efficient use of manufacturing capacity to meet market demand.
Siemens Energy will create more than 1,500 highly skilled roles in manufacturing, operations and engineering to help deliver more power to more people throughout the country. Siemens Energy places great importance on providing high quality education, training and development opportunities that enable people at all stages of their careers to make a lasting contribution to the future of the energy industry in the United States.
“Siemens Energy has been making things in the United States for more than a century and we are experiencing a once-in-a-generation growth opportunity due to the resurgence of U.S. manufacturing and the growth of artificial intelligence,” said Christian Bruch, CEO and President of Siemens Energy. “The current policy environment has contributed to this momentum. The Trump Administration has made energy security, a reliable and resilient grid, and growing U.S. manufacturing jobs a priority. This has supercharged the energy demand which is supporting new investments across the energy sector. We are excited to help write this next chapter of American energy expansion.”
The Honorable Doug Burgum, United States Secretary of Interior and White House National Energy Dominance Chair, said: “This tremendous investment in a critical part of our power grid supply chain underscores President Trump’s success in expanding supply chain access and bringing major manufacturing back to America. We appreciate great partners like Siemens Energy, who proactively partner with the Trump administration for the benefit of the American people, prioritizing critical components to make the United States Energy Dominant!”
