Siemens Energy said Tuesday it will invest $1 billion to expand power grid and gas turbine manufacturing in the United States as rising electricity demand from data centers and artificial intelligence ...

Siemens Energy is investing $64 million in its Painted Post, New York, factory. This investment is part of a larger $1 billion plan to expand manufacturing across the United States. The expansion aims ...

FRANKFURT/NEW YORK — Siemens Energy plans to invest US$1 billion to expand U.S. power grid and gas turbine component production as the country builds data centers needed to power AI technology. The ...

The German conglomerate joins GE Vernova and Mitsubishi in an effort to keep up with demand for gas turbines and power grid equipment. Germany’s Siemens Energy on Tuesday committed $1 billion to ...

Siemens Energy ENR-0.24%decrease; red down pointing triangle plans to spend $1 billion to boost its manufacturing of grid and power-generation equipment in the U.S. as demand for electricity soars.

The German manufacturer announced plans to expand factories in several U.S. states and build a new plant in Mississippi. By Rebecca F. Elliott Siemens Energy, the German company, plans to invest $1 ...

(Bloomberg) --Siemens Energy AG will invest $1 billion (€847 million) in manufacturing capacity in the US over the next two years as power demand surges. Most of the funds will be spent on expanding ...