Siemens Energy announced plans to invest $1 billion in the United States, expanding manufacturing capacity and creating more than 1,500 jobs. The company cited rapidly rising electricity demand driven by artificial intelligence and data centers.
The company said at least six states will benefit from the investment. Job growth will be concentrated in the southeastern United States.
The investment will fund upgrades at existing facilities and the construction of a new grid-equipment plant in Mississippi.
North Carolina is expected to see the largest increase. About 500 new jobs are planned across Charlotte, Winston-Salem, and Raleigh. Turbine manufacturing will resume on a smaller scale in Charlotte. Parts production will expand in Winston-Salem. Grid engineering, project execution, and research operations will grow in Raleigh.
Additional upgrades are planned in Alabama, Florida, Texas, and New York. These facilities manufacture and service equipment used to move electricity, gas, and liquids through energy networks.
The Orlando, Florida site will also be expanded. Siemens Energy plans to add a new laboratory focused on artificial intelligence-enabled digital grid technologies. The project will involve collaboration with chip developer Nvidia.
Siemens Energy has operated in the United States for more than 100 years. It currently employs about 12,000 people nationwide.
Company executives said electricity demand in the U.S. is growing at an unusually fast pace. Large technology projects and artificial intelligence infrastructure are putting pressure on an aging power grid.
Christian Bruch, Siemens Energy’s chief executive, said the United States is leading global electricity demand growth. “The U.S. is the hottest electricity market at the moment in the world,” said Bruch in an interview. He said accelerated data center construction and artificial intelligence deployment are major drivers.
The company plans to expand production and service capacity for high-voltage transformers. These components are critical for efficiently transmitting electricity across long distances.
Siemens Energy will also expand gas turbine manufacturing on a limited scale in the United States. However, its primary gas turbine production will remain overseas.
The White House praised the announcement under President Donald Trump. “This massive investment underscores President Trump’s commitment to reshore American manufacturing, create high-skilled jobs for American workers, and secure our power grid as electricity demand continues to grow,” White House spokeswoman Taylor Rogers told Fox News.
Interior Secretary Doug Burgum also welcomed the move. He called the investment “tremendous” and said it supports U.S. energy security and domestic supply chains.
Siemens Energy said the U.S. expansion is part of a broader $7 billion global investment plan. The company expects the move to raise global production capacity for large gas turbines by about 20 percent.