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Siemens To Invest $150M In Dallas-Fort Worth Manufacturing Plant

November 6, 2023

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In Dallas-Fort Worth, Texas, Siemens will invest $150 million in a new high-tech manufacturing plant to help power American data centers and critical infrastructure. The plant will produce state-of-the-art reliable and efficient electrical equipment. It will enable accelerated growth of U.S. data centers — which is being driven by the exponential adoption of generative artificial intelligence (AI) — and ensure secure operation of critical infrastructure. This investment specifically supports long-term customers in the data center industry, where demand is expected to grow by around 10 percent annually through 2030.

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