The Strategist

Siemens Energy to invest $1 billion in US production expand



02/04/2026 - 02:19



Siemens Energy, a German company that makes power equipment, plans to put in $1 billion to grow its business in the United States, focusing on products for power grid infrastructure and gas turbines.



Siemens Energy to invest $1 billion in US production expand
Siemens Energy announced its intention to grow its operations by expanding multiple current production locations within the United States and establishing a new facility in Mississippi, which will be used to produce essential parts for power grid infrastructure. 


These investments are anticipated to generate over 1,500 skilled positions in areas such as manufacturing, operations, and engineering. 


The company highlighted the significant increase in electricity demand in the U.S., driven by the expansion of data centers and AI infrastructure, along with the broader shift toward electrification in industrial sectors. 


The press release stated that meeting increasing demand necessitates a faster rollout of a modern and reliable power grid infrastructure, along with a major expansion in generating capacity—something Siemens Energy is committed to playing a major role in contributing to.

source: bloomberg.com

 




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