Siemens to spend $510M on U.S. manufacturing, new Texas plant

URLhttps://www.msn.com/en-us/money/companies/siemens-
Sourcemsn.con
Date Published10/01/2023

Additional Reshoring Information:

Company/Division name Siemens
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
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:Fort Worth
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectrical infrastructure equipment
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