Schneider Electric Expands U.S. Manufacturing with $140M Investment

TL/DR -

Schneider Electric has announced plans to invest an additional $140 million into its U.S. manufacturing efforts, bringing its total investment since 2020 to more than $440 million. The new funding is expected to create around 750 jobs in manufacturing and related roles to support demand from critical infrastructure, industries, and data centers, with $85 million aimed at expanding operations in Smyrna, Tennessee and transforming an existing building in Mt. Juliet, Tennessee. The company, which has operated in the U.S. for 135 years, aims to begin manufacturing and shipping from Mt. Juliet by mid-2024, with full capacity expected next year, and plans to incorporate technologies to improve operational performance, save energy, and reduce carbon footprint.

Schneider Electric Unveils $140M Investment in U.S. Manufacturing

Schneider Electric, a key player in digital automation and energy management, is set to infuse another $140 million into its U.S. manufacturing initiatives. This follows their previous investment of over $440 million since 2020 into their U.S. manufacturing and distribution network. The latest investment aims to create roughly 750 new jobs in manufacturing and related roles to meet growing demands from critical infrastructure, industries, and data centers.

Approximately $85 million of the total planned investment will be channeled towards expanding Schneider's manufacturing operations in Smyrna, Tenn., and revamping an existing 500,000 sq. ft. building in Mt. Juliet, Tenn. These endeavors will focus on creating custom electric switchgear and medium-voltage power distribution products.

Despite not operating at full capacity until 2025, Mt. Juliet is slated to start production and shipping as early as mid-2024. Both the Smyrna and Mt. Juliet facilities will utilize innovative manufacturing technologies and software to enhance operational performance, conserve energy, and diminish their carbon footprints.

“The need for electrical infrastructure to support advanced computing and technological progress has never been greater,” said Aamir Paul, president of North America Operations for Schneider Electric. “These investments will support the implementation of the Infrastructure Investment and Jobs Act and Inflation Reduction Act, strengthening domestic supply of products essential to America’s electrification transformation."

Having operated in the U.S. for 135 years, Schneider Electric, originally a French multinational, has operations spread across the country from Pennsylvania to Texas.

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