Siemens to invest more than US$500 million in U.S. manufacturing for critical infrastructure in 2023

URLhttps://www.morningstar.com/news/business-wire/202
Sourcemorningstar.com
Date Published11/03/2023

Additional Reshoring Information:

Company/Division name Siemens
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):150
Country(ies) from which reshored:Germany
City reshored to:Dallas
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectrical infrastructure equipment
Find Reshoring Articles