Siemens Energy to Invest $1 Billion in U.S. Grid and Power Manufacturing, Including New Mississippi Switchgear Plant

Siemens Energy announced on February 3 that it is investing $1 billion in the United States and creating more than 1,500 highly skilled jobs. The plan includes a new high-voltage switchgear facility in Mississippi and expansions in North Carolina, Florida, Alabama, New York and Texas.

New Mississippi switchgear plant

In Mississippi’s Greater Richland area, the company is building a new high-voltage switchgear facility to make essential grid components. It plans to hire up to 300 employees and will include a training center for workforce development.

North Carolina

Siemens Energy is increasing manufacturing and servicing capabilities for large power transformers and resuming gas turbine manufacturing in Charlotte, producing gas turbine parts in Winston-Salem, and expanding grid technology work, engineering and R&D in Raleigh. It will add 500 jobs across the three communities.

Florida, Alabama, New York and Texas

In Tampa, the company is growing its facility to make more gas turbine blades and vanes. In Orlando, it is upgrading R&D at its Innovation Center, including an AI digital grid technologies laboratory with NVIDIA, and relocating its headquarters to Lake Nona. In Fort Payne, Alabama, it is expanding production of copper and insulation electrical components for generators, creating 120 jobs. Sites in Painted Post, New York, and Houston, Texas, that make and service compression equipment will be upgraded.

Christian Bruch, CEO and President, Siemens Energy said:

“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.”