Siemens plans US investments worth more than $10bn
10 March 2025 
Siemens has opened new US manufacturing facilities for electrical products in Fort Worth, Texas, and Pomona, California. The $285m investment is expected to create more than 900 skilled manufacturing jobs. It will more than more than double Siemens’ production capacity for electric equipment used by sectors such as commercial, industrial and construction, as well as for powering AI data centres.
Combined with its planned acquisition of the Michigan software company, Altair, Siemens says it is boosting its US investments in American manufacturing jobs, software and AI infrastructure by more than $10bn. The company currently employs more than 45,000 people in the US – its biggest market.
“The industrial tech sector is the basis to boost manufacturing in America and there’s no company more prepared than Siemens to make this future a reality for customers from small and medium-sized enterprises to industrial giants,” says Siemens’ president and CEO, Roland Busch.
In October 2024, Siemens signed an agreement to acquire Altair for $10bn – its biggest-ever investment in industrial software and AI. The company says that combining Altair with its existing software capabilities will create the world’s most complete AI-powered design and simulation portfolio. It will allow users to design and manufacture more complex and smarter products faster – by simulating them first in the digital world. They could, for example, use the tools to perform virtual crash-tests on new car designs.
“We believe in the innovation and strength of America’s industry,” says Busch. “That’s why Siemens has invested over $90bn in the country in the last 20 years. This year’s investment will bring this number to over $100bn. We are bringing more jobs, more technology and a boost to America’s AI capabilities.”
