Siemens Announces $500M Manufacturing Investment

Siemens is investing U.S.$150 million in a new high-tech manufacturing plant in Dallas-Fort Worth, TX, to help power American data centers and infrastructure. This plant will produce electrical equipment. It will enable accelerated growth of U.S. data centers. It will also ensure secure operation of infrastructure. This investment specifically supports long-term customers in the data center space.

As part of these investments, Siemens announced a U.S.$220 million investment in a new rail manufacturing facility in Lexington, N.C., earlier this year. Construction of this facility is now underway. In addition, the company is investing in two electrical-products manufacturing plants in Grand Prairie, TX, and Pomona, CA. These projects bring the overall investment in the U.S. this year to US$510 million, which will create 1,700 jobs at Siemens as a result, the company says.

The new Fort Worth facility and the Grand Prairie and Pomona extensions will meet demand for the electrification of critical infrastructure, including data centers, battery plants, semiconductor facilities and electric vehicle charging. Production at the Fort Worth facility is expected to start in calendar year 2024, gearing up for full operations in 2025.

This factory will be built and operated using Siemens advanced manufacturing tools, including digital twin technology and high-tech automation to ensure efficiency and sustainability levels. The Siemens Xcelerator portfolio will be used to capture and analyze data from the shop floor on production and product performance in real time.

In June 2023, Siemens announced its global investment strategy in new high-tech factories, innovation labs and education centers to expand leadership in digitalization, automation, electrification and sustainability. As part of this strategy—which totals around €2 billion—Siemens has disclosed investments in regions such as China, Southeast Asia, Europe and the United States.

Sources: Press materials received from the company and additional information gleaned from the company’s website.