Siemens is investing $190 million in a new factory in Fort Worth, Texas, for electrical equipment manufacturing. The factory, spanning 500,000 square feet, will produce electrical distribution equipment.
The facility is expected to employ around 480 people initially, with plans to increase to 800 by 2026. This expansion is part of Siemens' strategy to strengthen its presence in the U.S. and support the industrial sector through advanced technologies.
In addition to the Fort Worth investment, Siemens announced a further investment of $285 million in a new factory in Pomona, California. These initiatives underscore Siemens' commitment to innovation and technological advancement within the industry.