Germany’s Siemens is more than wind farm turbines. It also manufactures electrical infrastructure and the company announced it is investing $150 million in a new high-tech manufacturing plant in Fort Worth, creating at least 700 new jobs for the metroplex.
The company stated it is part of a nationwide investment of $500 million and the creation of nearly 1,700 jobs in the U.S. The Fort Worth plant will be for the production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence.
Siemens stated the new plant will also ensure secure operation of critical infrastructure. This investment specifically supports long-term customers in the data center space, where demand is expected to grow by around ten percent annually through 2030.
“There’s never been a better time to invest in critical electrical infrastructure and green mobility to support the backbone of America’s economy,” said Roland Busch, President and CEO of Siemens AG.
“The hardware and software we offer – produced through our expanded U.S. manufacturing presence – will ensure that growing industries can meet demand while continuing to make progress in decarbonizing operations.”
He said with the Fort Worth plant, Siemens is delivering on a $2 billion global investment strategy for 2023 to boost growth, innovation and resilience.
The 2023 effort in the U.S. includes:
- Total U.S. investments to support high-growth markets like data centers, batteries, semiconductors, EV charging and rail transportation
- New US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence (AI)
- Already announced: US$220 million rail manufacturing plant to bolster U.S. infrastructure and mobility
- All investments to create a total of around 1,700 jobs in the U.S.
