Siemens – Siemens to invest €300 million in Germany to build electrical backbone of tomorrow’s industries

• Expansion of production of high-efficiency power distribution systems for data centers, e-mobility and industrial automation
• Expansion of Frankfurt switchgear factory, new supplier facility in Offenbach
• Creation of up to 700 new jobs by end of 2030
• Commitment to Germany as a business location and to Made for Germany initiative

Siemens is investing €300 million to significantly expand the production of key technologies for the global energy transition and for AI data centers. This strategic investment will enable the company to respond to massively increasing demand and further develop its position as a partner to world-leading cloud and AI companies.

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