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Texas  + Dallas-Fort Worth  + Industrial  | 
Siemens to open new plant at Carter Park West

Siemens to Create 715 Jobs with New FW Factory

Siemens AG plans to bring an advanced manufacturing plant to 7200 Harris Legacy Drive at Carter Park East to produce low-voltage switchgear and switchboards, and with it, 715 jobs and a $133 million investment into real estate and personal property.

Fort Worth Report reports Siemens Industry Inc., a subsidiary of Siemens AG, provides products, systems, and services for industrial automation, drives, motors and other energy management systems. The company already has a presence in Grand Prairie, where it manufactures low-voltage circuit breakers.

The firm’s proposed capital investment of $133 million, includes $70 million in real property improvements by the end of 2024 and $63 million in business personal property by January 2025.

In exchange, the City of Fort Worth is proposing a 10-year tax abatement of up to 70% of incremental real and business personal property – an estimated value of $6 million.

Connect Texas Multifamily 2023 will take place on Aug. 22, 2023 at Virgin Hotel in Dallas. Click here for more information and to register.


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Siemens AG

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
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