Siemens Energy is investing $1 billion in the United States to boost production of grid and gas turbine equipment.
Siemens Energy announced the investment in a press release on Tuesday, saying it is “to support strong growth in the U.S. market” as electricity demand increases.
The investment will go toward brownfield expansions, ramping up transformer production and servicing, and surging large gas turbine manufacturing. The expansions will take place in Alabama, Florida, New York, North Carolina, and Texas, and the company is constructing a switchgear plant in Mississippi.
The move will create over 1,500 “highly skilled jobs in the U.S.” Siemens Energy is also scaling up its apprenticeship program, according to the release.
“Siemens Energy has been making things in the United States for more than a century and we are experiencing a once-in-a-generation growth opportunity due to the resurgence of U.S. manufacturing and the growth of artificial intelligence,” Siemens Energy CEO and President Christian Bruch said in a statement.
