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Investment: $1bn Plan to Meet Rising Power Demand

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Investment: $1bn Plan to Meet Rising Power Demand

Siemens grid investment will reach $1 billion to meet rising electricity demand in the United States. The company announced the plan as data centers and AI projects grow quickly. As a result, power needs are rising across many states. Siemens Energy said the US now faces record demand for electricity. The surge comes from artificial intelligence, digital infrastructure, and industrial electrification. Therefore, the company plans to expand production and hire more workers.

New Factories and Expansions

The Siemens grid investment includes several upgrades to existing sites. These brownfield projects will boost transformer production and services. In addition, the company will increase output of large gas turbines. Siemens will also build a new factory in Mississippi. The plant will produce key grid components for the US power system. This step aims to strengthen supply chains and support reliable electricity delivery.

Hiring and Regional Growth

The company plans expansions across North Carolina, Alabama, New York, Texas, and Florida. These projects will support growing industrial and digital demand. As a result, Siemens expects stronger regional economies. Siemens will recruit more than 1,500 skilled employees. These roles will include manufacturing, engineering, and operations positions.
Therefore, the move will create new opportunities for diverse talent across the country. Chief executive Christian Bruch said US energy policy now focuses on security and reliability. He noted that rising demand is driving fresh investment across the energy sector. This approach, he said, supports both jobs and infrastructure.

German Heating Sales Hit Low

However, the news comes as Germany’s heating industry faces a slowdown. Sales fell to 627,000 units in 2025. That figure marks the lowest level since 2010. Industry data shows weaker consumer demand and economic pressure. As a result, heating manufacturers reported their toughest year in more than a decade.

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