Siemens to Invest More than US$500 million in U.S. Manufacturing for Critical Infrastructure in 2023

Siemens recently announced an investment of US$150 million in a new high-tech
manufacturing plant in Dallas-Fort Worth to help power American data centers and critical
infrastructure. This plant will produce state-of-the-art reliable and efficient electrical equipment.
It will enable accelerated growth of U.S. data centers, which is being driven by the exponential
adoption of generative AI. It 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. 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,”
said Roland Busch, President and CEO of Siemens AG. “With this latest step, Siemens is
delivering on its €2 billion global investment strategy for 2023 to boost growth, innovation and
resilience.”
As part of these investments, Siemens announced a US$220 million investment in a new
rail manufacturing facility in Lexington, North Carolina, 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, Texas, and Pomona, California. 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 new Fort Worth facility and the Grand Prairie and Pomona extensions will meet
booming demand for the electrification of critical infrastructure – in other words, data centers,
battery plants, semiconductor facilities and EV charging. Production at the new facility in Fort
Worth 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 the highest quality, efficiency and
sustainability levels. The Siemens Xcelerator portfolio will be used to capture and analyze data
from the shopfloor 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 U.S.

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