Siemens Energy on Feb. 3 said it has finalized investment plans presented at its Capital Market Day in Charlotte, N.C., 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 company said.
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.
Siemens Energy said it is pursuing a strategy of targeted expansion to ensure the efficient use of manufacturing capacity to meet market demand.
- Mississippi (Greater Richland Area): constructing a new high-voltage switchgear facility to build essential grid components. The facility also plans to hire up to 300 new employees and will include a state-of-the-art Training Center to further our commitment towards workforce development.
- North Carolina (Charlotte, Winston-Salem and Raleigh): increasing manufacturing and servicing capabilities for large power transformers and resuming gas turbine manufacturing in Charlotte; producing gas turbine parts in Winston-Salem; and expanding grid technology project execution, engineering and sales alongside research and development in Raleigh. The company also will add 500 jobs throughout these 3 communities, in addition to continuing partnerships with local trade schools and universities to develop and train the next generation of energy workers.
- Florida (Orlando and Tampa): growing the Tampa facility to manufacture more blades and vanes, critical parts in the supply chain for gas turbines. In Orlando, upgrading research and development capabilities at the company’s Innovation Center, including building an artificial intelligence digital grid technologies laboratory with NVIDIA.
- Also relocating and modernizing the headquarters to Orlando’s Lake Nona community to provide an enhanced experience for employees and ensure continued growth in the region.
- Alabama (Fort Payne): expanding production of copper and insulation electrical components for generators, creating 120 new jobs.
- New York (Painted Post) and Texas (Houston): upgrading facilities that manufacture and service compression equipment used to move gas and liquids through pipelines.
