Siemens says it will invest $285 million in U.S. manufacturing, including two new facilities in California and Texas

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Siemens says it will invest $285 million in U.S. manufacturing, including two new facilities in California and Texas

_{//business-finance.news-articles.net/content/202 .. -two-new-facilities-in-california-and-texas.html}
^{Published in Business and Finance on Tuesday, April 22nd 2025 at 2:20 GMT by Fortune}

The recent investments in the Siemens' U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, mark more than $10 billion in investment in the U.S.

Siemens, a German industrial giant, has announced a $285 million investment to expand its U.S. manufacturing capabilities, focusing on facilities in California and Texas. This investment aims to enhance the production of essential components for data centers, electric vehicle charging infrastructure, and other critical technologies. The expansion in California will specifically target the production of high-power chargers for electric vehicles, while the Texas facility will focus on manufacturing components for data centers. This move is part of Siemens' broader strategy to bolster its presence in the U.S. market and support the growing demand for sustainable and digital infrastructure solutions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/07/siemens-invest-285-million-us-manufacturing-facilities-california-texas/ ]

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