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Siemens Energy is investing approximately €220 million to expand its transformer factory in Nuremberg, Germany, adding 16,000 square meters and increasing capacity by 50%. The expansion will create 350 jobs and is expected to be completed by 2028.
“With this investment, Siemens Energy is responding to the sharp increase in global demand for large transformers which are crucial for grid expansion.”siemens-energy.com
Summarized from public sources; check the original articles before acting on it.