# Siemens Energy invests $1 billion in US manufacturing expansion

Siemens Energy is investing $1 billion to expand production of grid and gas turbine equipment across North Carolina, Alabama, New York, Texas, and Florida, and build a new switchgear plant in Mississippi. The investment will create over 1,500 jobs.

- Type: Investment
- Announced: 2026-02-03
- Where: North Carolina, Alabama, New York, Texas, Florida, Mississippi, United States
- Value: $1.00B
- Jobs: 1,500
- Status: announced
- Products: grid equipment, gas turbine equipment, switchgear, transformers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md)

## Sources

- [siemens-energy.com](https://www.siemens-energy.com/global/en/home/press-releases/siemens-energy-is-investing--1-billion-and-creating-highly-skill.html), 2026-02-03: "Siemens Energy is investing $1 billion to ramp-up manufacturing in the United States and will also significantly expand its workforce."
- [industrialinfo.com](https://www.industrialinfo.com/news/article/siemens-ge-vernova-increase-us-investment-to-meet-gas-turbine-power-demand--352984), 2026-02-03: "Siemens Energy AG recently announced it finalized a plan to invest $1 billion to ramp up manufacturing of gas turbines and power-grid solutions in the U.S."
- [wsj.com](https://www.wsj.com/business/energy-oil/siemens-energy-to-spend-1-billion-to-boost-manufacturing-of-electrical-grid-equipment-cc87da93), 2026-02-03: "Siemens Energy plans to spend $1 billion to boost its manufacturing of grid and power-generation equipment in the U.S. as demand for electricity soars."
- [reuters.com](https://www.reuters.com/business/energy/siemens-energy-spend-1-billion-hot-us-power-market-2026-02-03/), 2026-02-03: "Siemens Energy plans to invest $1 billion to expand U.S. power grid and gas turbine component production as the country bu"
- [news.bloomberglaw.com](https://news.bloomberglaw.com/environment-and-energy/siemens-energy-to-invest-1-billion-in-us-to-tap-power-boom-1), 2026-02-03: "The US is the hottest electricity market at the moment in the world."
- [constructionreviewonline.com](https://constructionreviewonline.com/siemens-energy-to-invest-1b-in-u-s-manufacturing-expansion-including-new-mississippi-switchgear-plant/), 2026-02-03: "Siemens Energy has finalized plans to invest $1 billion to expand manufacturing capacity across multiple U.S. states."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.