Siemens is expanding its U.S. operations with an investment exceeding $10 billion, focusing on manufacturing jobs, software development, and AI infrastructure. This investment includes the acquisition of Altair, a Michigan-based software company, and enhancements to Siemens' U.S. manufacturing footprint.
The company is launching two new manufacturing facilities for electrical products in Fort Worth, Texas, and Pomona, California. The $285 million initiative is projected to create over 900 skilled jobs. These facilities aim to bolster sectors such as commercial, industrial, and construction markets while supporting AI data centers nationwide.
In October 2024, Siemens signed an agreement to acquire Altair. This acquisition aims to integrate Altair's capabilities with Siemens' existing software offerings to create a comprehensive AI-powered design and simulation portfolio. This will enable users globally to design and manufacture more complex products by simulating them digitally before real-world production.
"We believe in the innovation and strength of America’s industry," said Roland Busch. "That’s why Siemens has invested over $90 billion in the country in the last 20 years. This year’s investment will bring this number to over $100 billion."
Siemens employs over 45,000 people in the United States and collaborates with approximately 12,000 suppliers across the nation.