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Siemens Spending $421M on NC Plant Expansions
The company that makes large power transformers for the energy sector plans to invest $421 million in its North Carolina factories. Siemens Energy’s plans will create about 500 jobs across multiple locations.
The expansion will include its 1 million square foot Charlotte complex. Last year the company announced a $150 million investment in Charlotte. Siemens Energy expects the first turbines manufactured in Charlotte to begin shipping in the next 2 to 3 years.
Besides the Charlotte announcement, in Raleigh, Siemens Energy is expanding grid technology project execution, engineering and sales plus research and development.
The announcement is part of a $1 billion investment by Siemens Energy in manufacturing in the United States.
Don’t Miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest.— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
- ◦Development
