Siemens invests €100M in Frankfurt switchgear plant expansion
Siemens announced a €100 million investment in its switchgear plant in Frankfurt, including the acquisition of a 3.5-hectare site in the Ostend district. The expansion will add 13,000 sq m of production space and create 400 new jobs by 2027, with production starting in early 2025.
Value
$107.0M (100.0M EUR)
Capacity
approximately 13,000 square meters of production halls
Productsswitchgeargas-insulated switchgear
“Siemens investiert erneut in den Standort Frankfurt.”press.siemens.com
- 4 sources
- press.siemens.comSiemens investiert erneut in Schaltanlagenwerk Frankfurt | Presse | Unternehmen | SiemensJun 13, 2024
- renewableenergyworld.comSiemens expands switchgear manufacturingJohn EngelJun 19, 2024
- industryemea.comSiemens makes additional investment in Frankfurt switchgear plant | Industry EMEAJun 20, 2024
- electricalsinformed.comSiemens Expands Frankfurt Switchgear Plant For Climate Neutrality | Electrical NewsJun 20, 2024
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