The US is already the largest market for the company, relying on American talent and American supply chains, and recent investments in the company’s US manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, amount to more than $10 billion.
Commenting Roland Busch, President and CEO of Siemens AG, said that the company was well placed to support small to medium sized enterprises as well as industrial giants as the US looked to boost domestic manufacturing.
Siemens has unveiled two new state-of-the-art manufacturing facilities for electrical products in Fort Worth, Texas, and Pomona, California. The $285 million investment is expected to create over 900 skilled manufacturing jobs.
The equipment produced will support critical sectors such as the commercial, industrial and construction markets while powering AI data centres across the country to support the ‘industrial AI revolution’. Siemens is more than doubling its production capacity of electric equipment to power critical American infrastructure such as AI data centres.
Back in October 2024, Siemens signed an agreement to acquire Altair, with the aim of creating the world's most complete AI-powered design and simulation portfolio.
According to Siemens this will allow users in America and all around the world to design and manufacture more complex and smarter products faster – by simulating in the digital world, first. They could for example do a virtual crash-test for a new car design; or calculate in advance how a cell phone reacts to drops and thus develop the design optimally, before they build it in the real world.
“We believe in the innovation and strength of America’s industry. 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. We are bringing more jobs, more technology and a boost to America’s AI capabilities,” said Busch.
Siemens currently employs more than 45,000 people in the US and is partnering with about 12,000 suppliers nationwide.
