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
Total number of jobs (added or to be added):1700
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):220
Country(ies) from which reshored:Germany
City reshored to:Lexington
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredrail manufacturing facility
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