North Charlotte Today

Siemens Energy, a global leader in energy technology, has chosen Charlotte, North Carolina for its upcoming expansion. The company plans to establish an advanced manufacturing facility in the city to produce large power transformers, with an investment of $149,859,000 and the creation of 475 new jobs.

Tim Holt, Member of the Executive Board of Siemens Energy, expressed the significance of this expansion, stating, "Manufacturing large power transformers in the United States will strengthen and expand our electrical grid to incorporate more renewable energy and meet growing energy demand." He further emphasized the company's commitment to national energy and security, saying, "We are excited to do that in Charlotte, North Carolina where our existing factory and incredible team is answering the call of our customers and policymakers to help protect our nation’s energy and national security."

Siemens Energy has been a prominent player in the energy technology sector for over 150 years, with operations in 90 countries and a workforce of approximately 97,000 employees. With a focus on both conventional and renewable power, the company has been operating in the United States for more than a century, currently employing over 10,000 individuals across 21 manufacturing and service facilities.

Governor Cooper expressed his appreciation for Siemens Energy's continued investment in the state, stating, "Siemens Energy is bringing even more great energy manufacturing jobs to the Charlotte community, and this latest expansion demonstrates once again their confidence in our state and its outstanding workforce." He highlighted the importance of onshoring production and its positive impact on job creation and the resilience of the electric grid, especially as the nation transitions to clean energy.

Charlotte Mayor Vi Lyles also welcomed Siemens Energy's expansion, recognizing the company as a valued corporate partner in the community. She stated, "Siemens Energy has been a valued corporate partner in our community for many years, and this added investment will create jobs, drive economic growth in our city, and contribute to our nation's well-being."

The advanced manufacturing facility will be located at Siemens Energy's existing site off Westinghouse Boulevard. It will create a range of job opportunities, including logistics, mechanics, assembly, maintenance, engineering, project management, and supervisory roles, with an average yearly salary of $82,052.

Mecklenburg County, known as the largest manufacturing employment center in North Carolina, is excited about the expansion's potential impact. George Dunlap, Chair of the Mecklenburg Board of County Commissioners, stated, "Investments like this are bolstering our position as a home for the future of energy technology and advanced manufacturing in the United States." He highlighted the multiplier effect of Siemens Energy's expansion, expecting it to generate jobs across the community and support the county in delivering high-quality services to its residents.

The successful realization of this project was made possible through the collaborative efforts of various stakeholders, including the City of Charlotte, Mecklenburg County, the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, Duke Energy, and the North Carolina Railroad.

Over the past year, the City of Charlotte and Mecklenburg County have actively pursued economic development initiatives, resulting in the relocation and expansion of several companies. With the addition of Siemens Energy's investment, the city and county have successfully attracted over $427 million in capital investment and created 1,075 new jobs.

Siemens Energy's selection of Charlotte for its upcoming expansion reaffirms the city's position as a hub for energy technology and advanced manufacturing. The investment will not only contribute to economic growth but also strengthen the nation's energy infrastructure and support the transition to renewable energy sources.