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, Feb 3 (Reuters) - Siemens Energy plans to invest $1 billion to expand U.S. power grid and gas turbine component production as the country builds data centres needed to power AI ...

Siemens Energy ENR-1.36%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 ...