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 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 ...

Forbes contributors publish independent expert analyses and insights. Sandy Carter, COO at Unstoppable, Top 10 Microsoft MSN AI Entrepreneur President and CEO of Siemens AG Roland Busch (L) and ...

Siemens Energy AG announced its biggest share buyback since the turbine maker went public five years ago amid optimism around surging data-center investments. The German manufacturer plans to purchase ...

Inside Siemens Energy AG’s vast glass and steel assembly hall in central Berlin, engineers are close to completing a 500-ton turbine for a natural-gas power plant. Workers have spent weeks on ...

Aaron McKinley is a writer, blogger, and video game enthusiast with over six years of experience in web content and many more in playing games until the wee hours of the morning. A passion for writing ...

Journal Editorial Report: The Fed Chief signals rate cuts are coming. As we saw during the Covid pandemic, lab-created experiments can wreak havoc when they escape their confines. Once released, they ...

The Siemens Simatic S7-1500 Technology CPUs 1516T(F), 1517T(F) and 1518T(F) have been upgraded. The display is now integrated into the CPU and the run/stop switch is replaced by two push buttons.

ZURICH, March 18 (Reuters) - Siemens (SIEGn.DE), opens new tab will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in the latest blow for German industry ...