Siemens will spend $285 million to establish new factories in North Texas and Southern California, the German industrial technology giant announced.
Supporting "Critical” Sectors
The new plants, which will be located in Fort Worth and the Los Angeles suburb of Pomona, will make electrical products to support “critical” economic sectors in the U.S., including industrial, construction, and commercial applications, and, in particular, data centers that will help fuel growth in artificial intelligence systems.
The Company’s Largest Market
The announcement follows Siemens’ agreement last year to acquire Michigan industrial software developer Altair for approximately $10 billion, which the company said would establish the world’s “most complete AI-powered design and simulation portfolio.”
The Altair deal, along with the new manufacturing investments, brings the company’s spending in the U.S. — its largest market — to more than $100 billion over the past two decades.
Creating Hundreds of Jobs
Siemens officials said the factories are expected to create more than 900 skilled jobs between them.
Siemens’ U.S. workforce currently stands at more than 45,000 employees.
Image credit: Siemens
