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Siemens confirms $150 million investment in helping power US data centers

Siemens confirms $150 million investment in helping power US data centers

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Siemens is to invest $150 million in a new high-tech manufacturing plant in Dallas-Fort Worth to help power American data centers and critical infrastructure.

The plant will produce state-of-the-art reliable and efficient electrical equipment enabling accelerated growth of US data centers Driven by the exponential adoption of generative AI.

Specifically, the investment supports long-term customers in the data center space, where demand is expected to grow by around 10% annually through 2030.

“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 US manufacturing presence – will ensure that growing industries can meet demand while continuing to make progress in decarbonizing operations,” said Roland Busch, President and CEO, Siemens AG.

Overall, the new projects are expected to create around 1,700 jobs in the US.

The new Fort Worth facility and the Grand Prairie and Pomona extensions will meet booming demand for the electrification of critical infrastructure – the likes of data centers, battery plants, semiconductor facilities and EV charging.

Production at the new facility in Fort Worth is expected to start in 2024 – gearing up for full operations in 2025.

The factory will be built and operated using Siemens advanced manufacturing tools, including Digital Twin technology and high-tech automation.

The Siemens Xcelerator portfolio will be used to capture and analyze data from the shopfloor on production and product performance in real time.

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