SIEGY - Siemens pledges $54M across key U.S. manufacturing facilities to support national infrastructure projects

Siemens (OTCPK:SIEGY) joins President Biden at the White House to announce it will invest $54M across key U.S. manufacturing facilities that serve critical infrastructure markets. The company is investing in its existing electrical infrastructure manufacturing hub in Grand Prairie, Texas and a greenfield manufacturing site for electrical infrastructure and make-ready EV charging equipment in Pomona, California. This footprint expansion translates to nearly 300 new jobs with more to come across the company’s regional supply chains. Investment advances company’s commitment to support the next generation of American infrastructure.

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Siemens pledges $54M across key U.S. manufacturing facilities to support national infrastructure projects