Siemens is to build a $150 million factory in the Dallas-Fort Worth area of Texas, which will make electrical infrastructure for data centers.
The factory will provide efficient electrical equipment for an expected boom in data centers driven by AI, and ensure security of critical infrastructure, the German tech conglomerate said. It is part of a $500 million investment into the US which Siemens expects to create 1,700 jobs
Siemens predicts that demand for data centers will grow by 10 percent per year till 2030, driven by AI.
“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.
Siemens has also announced a new $220 million rail manufacturing facility in Lexington, North Carolina, and is also investing in two electrical products manufacturing plants in Grand Prairie, Texas, and Pomona, California, all of which add up to a $510 investment.
The Fort Worth factory is expected to start delivering products in 2024, and reach full production in 2025. It will be built with Siemens' own automation and digital twin technologies.
Round the world, Siemens is investing €2 billion ($2.1bn) in new factories, labs, and education centers, located in China, Southeast Asia, Europe, and the US.