Siemens Energy – Siemens Energy addresses the shortage of U.S. power transformers and invests in new factory

Siemens Energy is addressing the national shortage of power transformers across the U.S. by investing $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs.

Today, only 20% of U.S. large power transformer demand is met by domestic supply with lead times of up to five years

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