Siemens Energy Plans $1 Billion US Expansion With New Mississippi Factory

Siemens Energy has outlined a $1 billion investment initiative to strengthen its US manufacturing presence, focusing on power grid equipment and related technologies as electricity demand increases.

The company’s plans include constructing a new factory in Mississippi, which is expected to become its largest facility worldwide for producing power grid equipment. The project targets completion in 2028 and will be located in Rankin County, where Siemens Energy already operates a long-standing site in Richland that began production in 1973.

In addition to the new Mississippi factory, Siemens Energy will invest up to $300 million in a high-voltage switchgear facility in Pearl, also in Rankin County. This site is set to provide up to 300 advanced manufacturing jobs and will feature a training center to support workforce development in the region.

The broader US expansion includes brownfield upgrades and increased production capabilities across several states. In North Carolina, Siemens Energy plans to resume gas turbine manufacturing in Charlotte, boost transformer manufacturing and servicing in Winston-Salem, and expand engineering, sales, research and development, and grid technology execution in Raleigh.

What the numbers show

• The new Mississippi factory is scheduled for completion in 2028
• Over 1,500 new jobs are expected to be created across the US
• US electricity demand is projected to rise by 25% by 2030
• Data centers may use up to 12% of US electricity by 2028
• The Pearl, Mississippi facility will involve up to $300 million in investment

Siemens Energy’s expansion also covers increased production of blades and vanes in Florida, additional component manufacturing in Alabama, and facility upgrades in New York and Texas for compression equipment. These efforts are designed to support a growing need for advanced grid infrastructure and energy technology.

The company is also partnering with Nvidia to develop an artificial intelligence-driven digital grid laboratory. Additionally, Siemens Energy is constructing a new US headquarters in Orlando, further expanding its operational footprint in the country.

Electricity demand in the United States is being influenced by the growth of AI data centers, with projections indicating a 25% increase by 2030. Data centers alone may account for up to 12% of the nation’s electricity consumption by 2028, according to published figures.

Through these investments and facility expansions, Siemens Energy aims to address the rising requirements for grid equipment and technology as the US power sector evolves to meet new consumption patterns.

* This article is based on publicly available information at the time of writing.