Siemens Energy Selects Charlotte for Upcoming Expansion - charlottenc.gov
Siemens Energy Selects Charlotte for Upcoming Expansion - City of Charlotte
Siemens Energy Selects Charlotte for Upcoming Expansion
Published on February 13, 2024
Photo Courtesy of Siemens Energy
CHARLOTTE, N.C. (Feb. 13, 2024) – Siemens Energy, one of the world's leading energy technology companies, has selected Charlotte for its advanced manufacturing facility to produce large power transformers. The company will invest $149,859,000 and bring 475 new jobs to Charlotte.
“Manufacturing large power transformers in the United States will strengthen and expand our electrical grid to incorporate more renewable energy and meet growing energy demand,” said Tim Holt, Member of the Executive Board of Siemens Energy. “We are excited to do that in Charlotte, North Carolina where our existing factory and incredible team is answering the call of our customers and policymakers to help protect our nation’s energy and national security.”
Siemens Energy has been a global leader in energy technology for over 150 years. Today, Siemens Energy has a team of around 97,000 employees located in 90 countries. Operating across the whole energy landscape, from conventional to renewable power, Siemens Energy has been operating in the United States for more than 100 years and currently has 21 manufacturing and service facilities and upwards of 10,000 employees in the country.
"Siemens Energy is bringing even more great energy manufacturing jobs to the Charlotte community, and this latest expansion demonstrates once again their confidence in our state and its outstanding workforce,” said Governor Cooper. “Bringing production of these high voltage transformers onshore not only creates American jobs but makes our electric grid more resilient and ready for the transition to clean energy.”
With an energy hub already located in Charlotte. Siemens Energy is now expanding its operations to include an advanced manufacturing facility that will be used to produce large power transformers. The U.S. Department of Energy recently highlighted the need for a strong domestic manufacturing base for national security concerns.
“We are excited to have Siemens Energy choose Charlotte for its advanced manufacturing facility,” said Charlotte Mayor Vi Lyles. “Siemens Energy has been a valued corporate partner in our community for many years, and this added investment will create jobs, drive economic growth in our city, and contribute to our nation's well-being."
Siemens Energy plans to expand at its current facility located off Westinghouse Boulevard. This expansion creates a wide variety of job opportunities, including logistics, mechanics, assembly, maintenance, engineering, project management, supervisor, etc., with an average yearly salary of $82,052.
“Mecklenburg County is the largest manufacturing employment center in North Carolina, and investments like this are bolstering our position as a home for the future of energy technology and advanced manufacturing in the United States,” said Mecklenburg Board of County Commissioners Chair George Dunlap. “We are thrilled by Siemens Energy’s expansion, which will multiply jobs across our community and support the County as it provides high-quality services to residents.”
This project was a collaborative effort between the City of Charlotte, Mecklenburg County, the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, Duke Energy, and the North Carolina Railroad.
Over the past twelve months, the City of Charlotte and Mecklenburg County have collaborated on economic development projects including the relocations and expansions of Solve Industrial Motion Group, alpitronic Americas LLC, and TTX. With today’s announcement of Siemens Energy, the city and county have helped bring more than $427 million in capital investment and 1,075 new jobs.
Related Knowledge Center: Climate economics
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