{"id":58986,"date":"2023-12-05T20:48:39","date_gmt":"2023-12-06T04:48:39","guid":{"rendered":"https:\/\/electricalnews.com\/?p=58986"},"modified":"2023-12-05T20:48:41","modified_gmt":"2023-12-06T04:48:41","slug":"siemens-to-invest-more-than-us500-million-in-u-s-manufacturing-for-critical-infrastructure-in-2023","status":"publish","type":"post","link":"https:\/\/electricalnews.com\/siemens-to-invest-more-than-us500-million-in-u-s-manufacturing-for-critical-infrastructure-in-2023\/","title":{"rendered":"Siemens to Invest More than US$500 million in U.S. Manufacturing for Critical Infrastructure in 2023"},"content":{"rendered":"\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>     Siemens recently announced an investment of US$150 million in a new high-tech<br>manufacturing plant in Dallas-Fort Worth to help power American data centers and critical<br>infrastructure. This plant will produce state-of-the-art reliable and efficient electrical equipment.<br>It will enable accelerated growth of U.S. data centers, which is being driven by the exponential<br>adoption of generative AI. It will also ensure secure operation of critical infrastructure. This<br>investment specifically supports long-term customers in the data center space, where demand is<br>expected to grow by around ten percent annually through 2030.<br>     \u201cThere\u2019s never been a better time to invest in critical electrical infrastructure and green<br>mobility to support the backbone of America\u2019s economy. The hardware and software we offer \u2013<br>produced through our expanded U.S. manufacturing presence \u2013 will ensure that growing<br>industries can meet demand while continuing to make progress in decarbonizing operations,\u201d<br>said Roland Busch, President and CEO of Siemens AG. \u201cWith this latest step, Siemens is<br>delivering on its \u20ac2 billion global investment strategy for 2023 to boost growth, innovation and<br>resilience.\u201d<br>     As part of these investments, Siemens announced a US$220 million investment in a new<br>rail manufacturing facility in Lexington, North Carolina, earlier this year. Construction of this<br>facility is now underway. In addition, the company is investing in two electrical-products<br>manufacturing plants in Grand Prairie, Texas, and Pomona, California. These projects bring the<br>overall investment in the U.S. this year to US$510 million, which will create 1,700 jobs at<br>Siemens as a result.<br>     The new Fort Worth facility and the Grand Prairie and Pomona extensions will meet<br>booming demand for the electrification of critical infrastructure \u2013 in other words, data centers,<br>battery plants, semiconductor facilities and EV charging. Production at the new facility in Fort<br>Worth is expected to start in calendar year 2024, gearing up for full operations in 2025. This<br>factory will be built and operated using Siemens advanced manufacturing tools, including digital<br>twin technology and high-tech automation to ensure the highest quality, efficiency and<br>sustainability levels. The Siemens Xcelerator portfolio will be used to capture and analyze data<br>from the shopfloor on production and product performance in real time.<br>     In June 2023, Siemens announced its global investment strategy in new high-tech<br>factories, innovation labs and education centers to expand leadership in digitalization,<br>automation, electrification and sustainability. As part of this strategy \u2013 which totals around \u20ac2<br>billion \u2013 Siemens has disclosed investments in regions such as China, Southeast Asia, Europe<br>and the U.S.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens recently announced an investment of US$150 million in a new high-techmanufacturing plant in Dallas-Fort Worth to help power American data centers and criticalinfrastructure. This<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2941],"tags":[],"class_list":["post-58986","post","type-post","status-publish","format-standard","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Siemens to Invest More than US$500 million in U.S. Manufacturing for Critical Infrastructure in 2023 -<\/title>\n<meta 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